Zainab Ahmed, Minister of Finance in Nigeria, has said that the federal government of Nigeria has recovered N605billion through the whistleblowing policy.Speaking on how much the whistleblowing policy, which was launched in December 2016, has helped the country to retrieve, Ahmed said not less than N540bn was recovered in 2018 alone.
She added that the policy has been a “huge success” adding that the federal government would continue to ensure monies stolen by individuals from the national treasury would be recovered “The whistleblower policy of government subsists and it is still being implemented. The total amount of collection that has been made through various efforts in the whistleblower policy is about N605 billion.Ahmed also hinted that N649.434 billion has been released to balance states that are yet to receive full payment of the Paris Club debt.
She noted that the money released was less that the amount to be paid stating that it was due to the exchange rate differential at the point of payment. “For the final phase of the Paris Club debts refunds, the total sum of N649.434 billion was verified by the Ministry as the outstanding balance to be paid to the State Governments,” the Minister said.
Where is the money?
N605B recovered and N600B disappeared in a business investment gone wrong. Nigerian need to rally around SIPP
The question should be, who stole the money? So that prosecution will start
Plough the money back into the economy, cushion this hardship,stop borrowing,Nigerians are in serious nourishment emergencies.
Where the money? Recovered and relooted ?
So where is the money?
Only hear the figure but money no where to be found
So where is the money ? Or what is the government doing with the money ?
Some Wereh will still be defending PDP that they never stole any money, maybe you're the one who stole the money this govt has been recovering, ..Awon..Ole.
Yet we borrow.... this nation is a scam
Why are you borrowing $1bn from China?
The Northern caliphate will continue to use the fraud called Nigeria to destroy the hope of the most populous black nation. How I wished Sowere had not run for presidency but had the determination to led a revolution 'TAKE IT BACK'
You disburse money unintelligently and the thieves use the opportunity to siphon money, then you go after them through whistleblowers and recover some of the money and expect us to clap for you? YouthAwake OurFutureIsAllJeopardized RevolutionLooming
And you are still borrowing this much?
Then use it to provide job opportunities for our youths at least kidnapping will reduce, theft,and so on.
where is the money
Iro ooooooo