President Muhammadu Buhari on Monday said all unclaimed looted assets including landed properties recovered by the Federal Government would be sold and the proceeds deposited into government treasury.
President Buhari noted that many suspected looters of government resources had been denying ownership of their ill-gotten properties and assets across the country.
He stated that he was not surprised by the increasing number of those denying ownership or disclaiming the properties traced to them by the various anti-corruption agencies.
“Some years back one of my schoolmates in the primary school who worked at a cottage company before his demise predicted that we will come to a situation when looters will deny their loots in Nigeria.
“So as a civil servant, you have 10 houses in Abuja and even in Kaduna and abroad, the more you show them the properties the more they will swear that it does not belong to them.
“And we are still following the process, you know democracy you have to follow due process and respect the rule of law.
“If you are following you will hear that some of these looters were arrested, and for those who deny their loots, then instead of what happened before, this time around we will sell those stolen properties and the proceeds will be deposited in government treasury,’’
“If the money is in the government treasury I will see who will come back after we left and reclaim them,’’ he said.
The president pledged that government would ensure availability of fertilizer and other farm inputs to farmers to sustain the successes recorded by the farmers in the previous farming seasons.
He said: “Please tell Nigerians that we are trying our best, and I thank God, the rainy season is blossom, we will try to add more money to farmers, and ensure the availability of fertilizer and other farm inputs.
“We will also continue to reconstruct roads and railways and provide electricity and we promise we will continue to do so.’’
The leader of the coalition, Alhaji Muhammed Sale told the President that they were in his resident to condole with him over the death of his two relatives.
Dogecoin soars as Elon Musk makes big revelation
Insecurity: Buhari asks Nigerians to show more understanding
Man Utd 2-4 Liverpool: Firmino brace secures vital 3 points for Reds
Nigerian Army lied, man arrested not ESN Commander – Nnamdi Kanu
Yoruba Group Speaks Out Over Alleged Plot By IPOB To Attack Lagos, Says IPOB Is Not Their Problem (Details below)
Iniubong Umoren: Police Is Trying To Cover Up – David Hundeyin makes shocking revelation
Promoter announces venue for Anthony Joshua, Fury fight
Victor AD Finally Opens Up On Rumours That Davido Stole His Song
- Crime1 day ago
Man Who Killed Akwa Ibom Joy Seeker Names Powerful People Who Buy Body Parts From Him (Details below)
- Lifestyle22 hours ago
God Gave me Many Powers, I Can Enter Any House Without Opening Door – Sunday Igboho Brags (Video below)
- News2 days ago
See What Nigerians Did to This Soldier For Killing 7 Civilians (Details below)
- Entertainment2 days ago
Iyabo Ojo sues Yomi Fabiyi over defamatory posts