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Buhari’s Govt Has Recovered N1trn Looted Funds – APC Leaders

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Leaders of the ruling All Progressives Congress (APC) have said about N1 trillion worth of stolen funds and assets have been recovered since President Muhammadu Buhari assumed office in 2015.

In a statement on Thursday, a former National Publicity Secretary of the APC, Mr. Lanre Issa-Onilu; member of the APC Caretaker/Extraordinary Convention Planning Committee, Barr Ismail Ahmed, Presidential Aide, Mr. Tolu Ogunlesi; and Director-General of the Progressives Governors’ Forum, Salihu Lukman, said high profile recoveries were made from 2015 to date.

According to the statement, all final forfeitures are being deployed for use in the government’s Special Infrastructure and Social Investment Programmes or put into the annual budget.

The APC leaders under the aegis of APC Legacy Awareness and Campaign said in addition to looted and hidden funds, the Buhari administration is also focused on ensuring that taxes and other debts owed the federal government were recovered in full.

“High-profile recoveries include the following: $322 million Abacha Loot from the Government of Switzerland; $311 million Abacha Loot from the Bailiwick of Jersey; $100 million recovered by the EFCC for the Nigerian Ports Authority (NPA), from a company operating in the oil and gas sector; 4.2 million pounds sterling of Ibori Loot from the UK Government; 53 billion Naira for the Federal Mortgage Bank of Nigeria (FMBN), from a real estate developer.

“Others are; $43 million security funds from an apartment in Ikoyi; and 189 billion Naira in ‘restrained’ funds from inflated personnel budgets, following ICPC’s scrutiny of practices, systems and procedures of MDAs’ personnel cost from 2019 to 2020. Billions of Naira in pension funds have been recovered from local and foreign Insurance Companies who have been holding on to assets of the Pension Transitional Arrangement Directorate (PTAD).

 

“ICPC’s audit of Constituency Projects covering 2015 to 2018 helped recover N2 billion of diverted funds and assets, and also forced about 300 contractors to return to site to complete abandoned or poorly-executed projects.

 

“In August 2021 the ICPC commenced the third Phase of this Constituency and Executive Projects Tracking Exercise. In 2019 alone, ICPC also recovered N32 billion worth of Land, Buildings and Vehicles.

 

“In 2021, the EFCC and ICPC have continued their recovery efforts, with billions of Naira in cash assets already recovered, either through Interim or Final Forfeiture Orders.

 

“Since the President assumed office in 2015, close to a Trillion Naira worth of stolen funds and assets have been recovered in all. All final forfeitures are being deployed for use in the Government’s special Infrastructure and Social Investment Programmes, or put into the annual Budget.

 

“President Buhari will continue to ensure that government monies and revenues are safeguarded and put to the most efficient and transparent use for the benefit of the Nigerian people.

“APC is working to rebuild Nigeria after years of neglect and destructions. President Buhari is laying solid and sustainable foundation for Nigeria’s greatness,” the APC leaders said.

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Breaking: President Swears in Nigeria’s New Chief Justice

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President Muhammadu Buhari has sworn in the new Chief Justice of Nigeria Olukayode Ariwoola.
The President performed the swearing ceremony today in Abuja.

The brief ceremony took place at the Presidential Villa.

NPO Eeports that Ariwoola will be serving in acting capacity pending the appointment of a substantive Chief Justice of Nigeria.

Justice Ariwoola was born on 22 August 1958).
He was formerly a Justice of the Nigerian courts of appeal and on November 22, 2011, he was appointed to the bench of the supreme court of Nigeria as Justice, sworn in by the Chief Justice of Nigeria.
He was appointed and awaiting Nigerian Senate’s approval as Chief Justice of Nigeria on the 27th June 2022 following the resignation of Justice Tanko Muhammad.

His appointment comes amidst clamour for better condition of service at the apex court.

NPO

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Fireworks mistaken for gunfire cause stampede at New York parade

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A stampede occurred at a Pride Parade in the city of New York, United States, on Sunday, with hundreds of people attempting to flee after mistaking the sound of fireworks for gunfire, police said.

“There were no shots fired in Washington Square Park. After an investigation, it was determined that the sound was fireworks set off at the location,” the NY Police Department said in a tweet shortly after the incident.

Police told newsmen “there were no serious injuries” from the stampede.

Terrified people ran or walked briskly along a street adjacent to the square after the scare, videos on social media showed.

Tens of thousands of people attended Sunday’s LGBTQIA+ Pride parade, which wound its way through the streets of lower Manhattan under the blazing sun.

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The atmosphere was largely festive, although the shadow of Friday’s US Supreme Court decision to abolish a constitutional right to abortion — leaving states to legislate on the matter themselves — loomed over proceedings.

New York’s Pride parade is the second-largest in the United States, after San Francisco, and Sunday’s gathering was the first time it had taken place since the COVID-19 pandemic began.

Organisers also said the US Supreme Court decision on abortion was “devastating.”

“This dangerous decision puts millions in harm’s way, gives government control over our individual freedom to choose, and sets a disturbing precedent that puts many other constitutional rights and freedoms in jeopardy,” the organisers said.

Many rights groups fear that the verdict on abortion could be the beginning of a broader push by the Supreme Court, currently dominated by a conservative majority, to curtail other freedoms won in recent decades, such as rights to contraception or same-sex marriage.

AFP/Punch

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Updated: Things to know about Justice Ariwoola, acting CJN

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Justice Olukayode Ariwoola

Justice Olukayode Ariwoola is expected to be sworn in today as the next Chief Justice of Nigeria (CJN) after the sudden resignation of Justice Tanko Muhammad.

Tanko’s resignation has been confirmed by the CJN’s spokesperson, Ahuraka Isah, on Monday morning.

Ariwoola is billed to leave the judicial service in 2028 should he eventually get the CJN substantive job.

Born on August 22, 1958, Justice Ariwoola was a Justice of the Court of Appeal before his appointment on November 11, 2011 as Justice of the Supreme Court of Nigeria.

He is also a member of the Nigerian Bar Association, the International Bar Association, and the Nigerian Body of Benchers.

Ariwoola was among the Supreme Court justices that heard the appeal of Alhaji Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) against the declaration of incumbent President Muhammadu Buhari as winner of the 2019 election.

He was a Justice of the Court of Appeal between 2005 and 2011 after having been elevated from the State High Court of Oyo State.

He was first appointed a Judge of Superior Court of record in Oyo State in 1992 from private legal practice.

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