The All Progressives Congress (APC) has declared that the President Muhammadu Buhari led administration as at September 2015 had recovered over N1.4 trillion of Nigeria’s funds.
This disclosure was contained in a statement released by APC’s National Publicity Secretary, Alhaji Lai Mohammed on Friday, November 6, 2015.
According to him, Buhari had succeeded in gathering the funds due to his moves to plug all loopholes in the system.
“Contrary to the disinformation being peddled by the Peoples Democratic Party, PDP, the Buhari administration is poised to lift millions of Nigerians out of extreme poverty by providing social protection and safety nets with another N2.5 trillion Special Intervention Fund.” the statement said.
“Now, the Buhari administration has been busy putting into place measures that will make it possible to start the implementation of this project. Such measures include the introduction of the Treasury Single Account (TSA).”
“We are happy to inform Nigerians that as at the end of September 2015, over N1.4 trillion – which hitherto was lying unproductively in various commercial banks – has been recovered and paid into the TSA,” the statement read.
The ruling party further vowed to fulfill its promise to pay N5,000 monthly to 25 million vulnerable Nigerians.