From: Bamidele Fasube
Does Buhari Have A Plan To Improve Nigerian Economy?
- No (70%, 1,107 Votes)
- Yes (30%, 465 Votes)
Total Voters: 1,572
Loading ...President Muhammadu Buhari on Thursday eventually admitted that he
inherited a whooping sum of N13.6 billion from former President,
Goodluck Jonathan.
Though, the cash according to the National Economic Council (NEC) was
part of loots recovered from family of former Head of State, late Gen.
Sani Abacha.
It was also gathered that the balance of Abacha’s loot as at end of
November 2015 stood at $26,000,389 and £19,000,033 respectively.
The Governor of Benue State, Samuel Ortom, unveiled this at the end of
the NEC meeting presided by the Vice President, Yemi Osinbajo at the
villa in Abuja.
The NEC comprises state governors, federal attorney-general, Central
Bank of Nigeria, Ministries of National Planning, Finance, and Federal
Capital Territory.
According to the governor, giving the exchange rate of N260 per dollar
and N360 per pound, the total balance is estimated at N13.6 billion.
Ortom disclosed that Buhari is yet to make do with the money.
“We were briefed on updates on Abacha’s loots in Council. The
Accountant General of the Federation reported that the dollar account
as at November 2015 ending has a balance of $26,000,389.00 while the
pounds sterling have a balance of 19, 000, 033.00. That is where we
are today.”
