February  23,  2016


President Muhammadu Buhari’s fight against corruption is set to encounter stumbling blocks, especially in the recovery of stolen public funds and prosecution of former government officials responsible for the larceny, the presidency has said.

This was contained in a letter by the Presidential Advisory Committee on Corruption, PACC, to a United Kingdom, UK, based anti-corruption organization, ‘Global Witness’. It revealed that due to the fall in crude oil prices and the general economic downturn, the Buhari-led government lacked the needed funds to pursue recovery of loots.

The letter, dated February 15, 2016, was signed by the Executive Secretary of PACC, Bolaji Owasanoye, and directed to the Director, Global Witness, Simon Taylor.

It stated that the commitment of the government to tackle Boko Haram insurgency, fight corruption and improve the livelihood of Nigerians through job creation, was being hampered by the dwindling oil revenue and mounting debts.


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