Saturday, October 31, 2020
22.8 C
Abuja
Saturday, October 31, 2020

NDDC/EFCC: People Have Abused Trust In My Administration – Buhari

Must read

WTO DG Job: We Move On To The Next Step Despite Hiccups – Okonjo

In this file photo taken on September 19, 2016 former Finance Minister of Nigeria Ngozi Okonjo-Iweala looks on during the Opening Plenary Session: “Partnering...

Eutelsat: First Quarter 2020/2021 Revenues and Africa’s Growth Strategy

Africa contributes to four out of the five Eutelsat’s operating segments. In its last financial year results, Africa contributed to 7.7% of Eutelsat’s revenues,...

COVID

By Emma Ujah – Abuja The World Bank has predicted a 14 per cent fall in global remittance flows in 2021, due to the impact...

#EndSARS: Hoodlums destroyed 30 vehicles, looted Cross River Basin Authority

Ada Wodu, CalabarThe Managing Director of Cross River Basin Development Authority, Engr Bassey Nkposong, has disclosed that hoodlums destroyed 30 vehicles, caterpillars and looted...

 

President Muhammadu Buhari on Friday said some people trusted by his administration have abused the privilege.

The President made the comment in Abuja after a Sallah service.

He was responding to a question about the recent corruption allegations arising from the Economic and Financial Crimes Commission (EFCC) and the Niger Delta Development Commission (NDDC).

Former EFCC boss, Ibrahim Magu was suspended in July after corruption charges were brought against him, and the House of Representatives publicly investigated financial misappropriation at the NDDC amid a plethora of drama.

READ ALSO: Boko Haram: Nigerians Know We’ve Done Our Best, Says President Buhari

“There has been an abuse of trust by people trusted by the previous administration and this administration,” Buhari said on Friday when asked about how he felt about the recent developments.

“A number of assets have been recovered and some money; but we have introduced TSA, Treasury Single Account, where all the money are taken.

“I said assets should be sold and the money put into TSA so the money can be identified at any level. And I will see who will come after us and take it back again to those who misappropriate public funds.”

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

WTO DG Job: We Move On To The Next Step Despite Hiccups – Okonjo

In this file photo taken on September 19, 2016 former Finance Minister of Nigeria Ngozi Okonjo-Iweala looks on during the Opening Plenary Session: “Partnering...

Eutelsat: First Quarter 2020/2021 Revenues and Africa’s Growth Strategy

Africa contributes to four out of the five Eutelsat’s operating segments. In its last financial year results, Africa contributed to 7.7% of Eutelsat’s revenues,...

COVID

By Emma Ujah – Abuja The World Bank has predicted a 14 per cent fall in global remittance flows in 2021, due to the impact...

#EndSARS: Hoodlums destroyed 30 vehicles, looted Cross River Basin Authority

Ada Wodu, CalabarThe Managing Director of Cross River Basin Development Authority, Engr Bassey Nkposong, has disclosed that hoodlums destroyed 30 vehicles, caterpillars and looted...

Ikeja Electric launches mass metering programme

Nairametrics, Nigeria’s leading financial advocacy company, in a bid to provide cutting edge financial and non-financial intelligence report to its readers, has partnered leading...