that President Muhammadu Buhari has approved the disbursement of funds
recovered from looters under the 2018 federal budget.
He made the announcement at the Herbert Macaulay Memorial Lecture
organised by the University of Nigeria, Nsukka, yesterday.
The Minister also disclosed that the President had approved N120
billion from the funds for the rehabilitation of 36 roads across the
country. He said that the past administration shared the money that
was meant for infrastructural development.
Chiding the past administration which he was also part of, Fashola
said, "While other oil producing countries were busy building their
nations at a time oil prices were high, the past administration in
Nigeria started a different form of development, known as
infrastructure of the stomach."
"We should never forget this. We decided to share the money rather
than invest the money just to win elections. The money that should
have been used to fund the Abakaliki rice was used to import rice.
"This is the opportunity that President Buhari has come to recover
through the Economic Recovery and Growth Plan. So, when the President
is talking of change, he is talking of a time when we will invest in
real infrastructural development and not stomach infrastructure.
"Unlike before, President Buhari has made a choice and that choice has
led to massive development across the country."
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