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Monday, 6 June 2016

Special Account for the Recovered Loot.

FG Opens Special Account For Recovered Loot, Funds To Be Spent On Infrastructure. The Federal Government has concluded plans to spend the ... thumbnail 1 summary
FG Opens Special Account For Recovered Loot, Funds To Be Spent On Infrastructure.

The Federal Government has concluded plans to spend the recovered looted funds on the development of the nation’s infrastructure, the Punch has learnt.

The infrastructure on which the money would be spent includes roads and railways among others.



The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, disclosed this to one of our correspondents in an interview on Sunday.

Adesina was asked how the Federal Government planned to spend the recovered funds as indicated on Saturday by the Minister of Information and Culture, Alhaji Lai Mohammed.

Adesina said, “The President said it sometimes ago in Kaduna that recovered money would be spent on the development of infrastructure. The infrastructure includes roads and railways among others.

“Nigerians can be assured that the money would be spent transparently and judiciously. They have nothing to fear. The Analysts.

Opinion: Provided the masses benefit from the infrastructures, then it would have been wisely spent.

C.V.Akuta Media UK.

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