President Muhammadu Buhari has declared that all those found guilty in the $2.1 billion arms deal scandal will lose all their properties to the Federal Government, and then be sent to jail.
The President made this disclosure known during a recent interview with BBC Hausa on Thursday, December 24, 2015.
Addressing the falling economy of the country, Buhari said despite the dwindling prices of oil, certain precautions taken by the government will prevent revenue leakages.
The president said: “Remember during the campaigns, we said Nigeria is facing three things and nobody disputed that assertion. Firstly; there was widespread insecurity, war in the North- East, while the country’s oil was being stolen at random in the South. Secondly, there is massive unemployment, 62 per cent of the nation’s population are youth from the age of 35 years downward; most of them are unemployed, including those who went to school and those who did not, that is a serious problem.
“Therefore, it has become necessary to restore peace and create employment. That is why we are returning to agriculture and mineral resources. Thirdly, bribery and corruption are basically suffocating the country. If we don’t kill these monsters, this country would go down.
“That is why those who stole monies meant for arms procurement and shared the fund among themselves are being arrested and are being shown documents, so that they would be asked to refund the money or face prosecution; we would use those documents to prove what they stole, collect all the assets acquired from the proceeds and then jail them.”
“It is generally believed that a fish begins to rot from the head; once the head is rotten, the whole body is also rotten. We have tried to remove all the heads of the organisations, and most of the lieutenants have been changed.
“A lot is happening in this government that people do not appear to understand; many per-manent secretaries of ministries have been changed; we used to have 42 ministers, now we have 36 because the Constitution requires that each state of the federation must have a minister; we used to have 42 ministries, now we have 24.
“Everybody knows Nigeria is not a poor country, we are rich, and we have human resources, the problem had been that leadership did not take seriously, curbing corrupt tendencies,” he said.
“At the local government level, almost everyone knows each other. It would be easy to identify those to give who would go into trading and how to get it back. It would be like a cooperative and we all know how it operates.
“Also, state governments would identify those who have capacity to employ more people and all we need to do is to empower them. Our people already know how to go about implementing these modalities to create employment for the citizens.”
Buhari also spoke on the mutiny of soldiers during the last administration
“I want people to understand that after I settled down and got a good grasp of what the country was going through, we removed all the service chiefs and appointed new ones. We also undertook an investigation and found out how the monies meant for arms procurement were diverted and shared by officials in the last administration.
They sent the boys to the warfront without arms and ammunition, leading some of them to mutiny after which they were arrested and detained. We have been able to raise money and fund the war.
Go and ask the people of Borno, Yobe and Adamawa, how many of their local governments were under the control of insurgents? And how many are currently still under the insurgents. Maybe we would not win the war completely by the end of the month, but the insurgents have now resorted to putting on explosive vests on young children, mostly girls aged 15 and below and then sending them to markets, mosques and churches to detonate.
Boko Haram itself knows that the era of them taking over communities and local governments is over. If people would be fair to us, they would know that the Nigerian Army has basically met the deadline and are winning the war. You cannot find any significant number of Boko Haram members in Adamawa and Yobe, only maybe in about three local governments of Borno, in the area around our borders with Chad Republic. They are not in a position to threaten Nigeria now, so we have won” he said.