As Buhari Trying To Recover Stolen Money, SEE How Many Nigerians Are Poor

Vice President Yemi Osinbajo on August 19, Wednesday, has lamented how poor are Nigerians.

He said statistics available to him displayed that 110 million Nigerians are poor that represented two-third of the country’s population.

The vice president expressed fear over what he named extreme poverty in some parts of the country.

Osinbajo said: “When you look at the economic and social policies, and you look at the level of illiteracy in parts of the country, some e extremely bad and some with cases of about 80% or 90% of children out of school, and other cases of unimaginable decayed infrastructure.”

He added that some of the past polices and planning, comprising budgeting of administration, did not indicate the needs and the conditions of the majority of the residents.

Osinbajo said past planning, policy formulation and budgets were not accountable to the people.

On his own part, Lawrence Onoja,the president of the Alumni Association of the National institute for policy and strategic studies had announced the group’s support for the current anti-corruption war of the present government.

He advised President Muhammadu Buhari not to stop at recovering looted funds but ensure that looters were arrested.

Onoja said: “We fully support the statement credited to the Sultan of Sokoto and Chairman of our Heritage Council, Alhaji Sa’ad Abubakar III, that all those found guilty of corruption should not only have their assets seized or forfeited to government but also face jail sentences. 

“We need institutional framework to prevent grafts and public theft. Therefore, we support Buhari administration’s move to do forensic audit of all revenue-generating agencies namely NNPC, CBN, Customs etc.

“There should also be adequate funding for anti-corruption agencies. The courts should also be empowered to prosecute fund offenders.”

It should be recalled that President Buhari has promised that his government will trace and recover what he called “mind-boggling” sums of money stolen by the previous government of Goodluck Jonathan.