President Muhammadu Buhari on Tuesday vowed to recover billions of dollars stolen under his immediate predecessor, Goodluck Jonathan’s administration.
According to the President, Jonathan’s government threw the nation into a financial crisis by throwing all financial and administrative processes in parastatals and agencies to “the dogs”
He also said the next 90 days might involve some hard times for both the federal government and the states.
“The next three months may be hard, but billions of dollars can be recovered, and we will do our best,” Buhari said in a statement to journalists after his meeting with all 36 state governors in Abuja.
The statement was not clear on how he would go about the recovery of the said stolen funds.
Buhari, in a throwback to the past, said that the lack of accountability and financial recklessness in the management of national resources by the past administration threw the country into a situation that is worse in comparative terms to the now infamous Second Republic.
The President, in the statement by his Special Adviser on Media and Publicity, Femi Adesina, added, “There are financial and administrative instructions in every government parastatal and agency.
“But all these were thrown to the dogs in the past. Honestly, our problems are great, but we will do our best to surmount them.”
He said that a comprehensive statement on the economic and financial situation inherited by his administration would be made public within the next four weeks.
“We will try and put the system back into the right position. What happened in the 2nd Republic has apparently happened again, and even worse, but we will restore sanity to the system,” Buhari assured the governors.
If you were too young to have been born by then, or you weren’t paying attention in history class, Buhari (along with co-partner Tunde Idiagbon) toppled the Second Republic government of President Shehu Shagari on December 31, 1983 citing allegations of corruption, gross mismanagement and rank malfeasance.
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