Buhari reveals what will happen to recovered illegal assets

President Muhammad Buhari has said all recovered illegally acquired
assets would be sold.

The President said this while responding to a question during an
interactive session with the Nigerian community in Togo at the
Nigerian Embassy.

He said when the recovered assets were sold, the money would be paid
into the country's treasury.

Senior Special Assistant on Media and Publicity to the President,
Malam Garba Shehu, who disclosed this to State House Correspondents
yesterday, added that "the President assured that his administration
had remained steadfast in keeping to its three campaign promises of
providing security, improving the economy and fighting corruption.

"The President noted that if past governments had utilised 25 per cent
of the huge oil revenue available to them, Nigerians would not be
complaining today.

"He cited the $16 billion reportedly spent on electricity and yet
Nigerians could not see the power."