Buhari is not bothered about 2019 elections- Lai Mohammed - Welcome to Uju Ayalogu's Blog

Breaking News

Post Top Ad

Wednesday, 29 November 2017

Buhari is not bothered about 2019 elections- Lai Mohammed

Buhari is not bothered about 2019 elections- Lai Mohammed

Minister of Information and Culture, Alhaji Lai Mohammed has dispelled reports that President Muhammadu Buhari is thinking of re-contesting the presidency in 2019.

According to him, the president more concerned more focused on fulfilling his campaign promises of fighting corruption, dealing with insecurity as well as boosting the nation’s economy than seeking re-election.

Speaking during a courtesy visit to the corporate headquarters of Leadership Group Ltd in Abuja yesterday, the minister maintained that Buhari is and would not want to be distracted by politics.

READ ALSO :  Nestle Fined Heavily for Selling Substandard Maggi Noodles

“Mr President is much more concerned about delivering the campaign promises of the current administration, and don’t want to be distracted. As the government, our major concern is delivering the promises of the current administration. At the end of the day what we will campaign with is our achievements’’, Mohammed said.

He also reiterated that recovering looted funds from looters and cleansing the country from corruption, among others remains one of the cardinal points of the current administration.

The minister noted that unlike in previous administrations when recovered loot were being diverted, all recovered stolen funds in the current administration will be accounted for.

He recalled that President Buhari had on Wednesday inaugurated a three-member committee to audit all assets recovered by relevant government agencies.

The committee, he noted, is mandated to audit all remittances into the accounts in which the recovered assets were lodged up till April 2017 to ensure that reports submitted to him were accurate.

The minister said cash recovered in the current administration to date include N78, 325,354,631.82 (seventy-eight billion, three hundred and twenty-five million, three hundred and fifty-four thousand, six hundred and thirty-one Naira and eighty-two kobo).

He also listed varying sums in other currencies to include $185,119,584.61 (One hundred and eight-five million, one hundred and nineteen thousand, five hundred and eighty four US dollars, sixty one cents); 3,508,355.46 Pounds Sterling (Three million, five hundred and eight thousand, three hundred and fifty-five Pounds and 46 Pence) and 11, 250 Euros (Eleven thousand, two hundred and fifty Euros), all totaling about N144.9 billion.

He added that apart from this, recoveries under interim forfeiture (cash and assets) during the period include N126,563,481,095.43 (One hundred and twenty-six billion, five hundred and sixty-three million, four hundred and eighty-one thousand, and ninety-five Naira, forty-three Kobo).

Other amounts in other currencies are $9,090,243,920.15 (Nine billion, ninety million, two hundred and forty-three thousand, nine hundred and twenty Dollars, fifteen cents); 2,484,447.55 Pounds Sterling (Two million, four hundred and eighty-four thousand, four hundred and forty-seven Pounds, fifty-five Pence) and 303,399.17 Euros (Three hundred and three thousand, three hundred and ninety-nine Euros, 17 cents), summing up to about N3.3 trillion.

On the whistleblower who went to court over his unpaid commission for the funds recovered from a mansion in Ikoyi, the minister recalled that when he made the announcement of the compensation for whistleblowers, he made it clear that whistleblowers will get between 5 to 2.5 per cent of the recovered funds.

He said the higher the quantum of money recovered, the lower the percentage, just as he explained that anything below a billion naira will get five per cent, while recovered loot above one billion will get less than five per cent.

Besides, he noted that fears of revealing the identity of whistleblowers have now been allayed, as the original whistleblower of the Ikoyigate has headed to court to seek redress.

READ ALSO :  ‘No law says women can’t stand surety, bail people’

On the recent alleged feud between operational staff of the Economic and Financial Crimes Commission (EFCC), Directorate of State Security (DSS) and National Intelligence Agency (NIA) over the abrupt halting of EFCC’s attempt to arrest former directors-general of DSS, Ita Ekpeyong and NIA, Ayodele Oke, the minister said it is not unusual for government agencies to clash over operational issues.

“When the chips are down the president will surely ensure that things are done right. It is not abnormal to have issues or conflict among government agencies’’, he said.

On the president’s directive that state governors should pay all staff salaries before Christmas, the minister stressed the need for state governors to heed to the president’s call.

“The federal government has intervened four times and I hope they (governors) will heed to the president’s request this time to pay up all workers owed their remunerations’’, he said.

On efforts by the federal government to ensure that the nation is free from all forms of insecurity and activities of the Boko Haram insurgents, he said the current administration is proud to say peace and security are steadily restoring in the Northeast, which was in the grip of the terrorists when Buhari assumed office on May 29, 2015.

‘’We have put Boko Haram on the run. Occasionally, they attack soft targets, but even that is being tackled with intelligence-driven measures. We are tackling insecurity comprehensively, whether it is Farmers/Herders clash, cattle rustling or kidnapping.

Only this morning, the federal government launched the Policy Framework and National Action Plan for Preventing and Countering Violent Extremism’’, he noted.

Mohammed said the current administration is also revamping the nation’s economy as can be seen in the various economic indices.

He continued: “The Naira is largely stable; we have raised foreign reserves from N23 billion to N35 billion within a year and we have pulled the nation out of recession. Our economy is on a growth trajectory once again, after contracting for five consecutive quarters. We have been named among the top 10 reforming economies in the world.

“We have leapfrogged 24 places in the ease of doing business rankings. We are taming inflation, which has fallen for eight consecutive months. We are building infrastructure and we are creating jobs.

Also, I am glad to inform you that capital importation into Nigeria in Q3 2017 recorded a substantial increase, compared to the past few quarters, as the economy continued to recover from recession.

“The total capital imported in the third quarter was recorded at $4,145.1 million, more than double the inflow in the second quarter of this year, representing an increased value of 147.5% on a year-on-year basis’’.

Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music and Submit your story  on Ujuayalogusblog.com by clicking here. For Advert Inquiries Tel/+44(0)7590363984 Subscribe to Ujuayalogusblog.com News!

For More:  Visit Us at Uju Ayalogu's Blog

Share This

No comments:

Post a Comment

Post Bottom Ad

Pages