Buhari inaugurates committee to audit recovered loot

Bag of money
Bag containing money used to illustrate the story.

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

Members of the committee are Olufemi Lijadu, Chinyere Bibiogha and Mohammad Nami.

They were sworn in by Mr. Buhari inside the conference room in the office of the wife of the president at the Presidential Villa, Abuja.

The president said he had earlier asked all government agencies to submit detailed reports of all recoveries up to March 2017 to his office.

He said the committee will audit all accounts in which the recovered assets where lodged to ensure reports submitted to him were accurate. He directed the committee to audit all remittances into the accounts up till April 2017.

Some of the ministries, departments and agencies (MDAs) that have announced recovered loot include the anti-graft EFCC, the Attorney General’s office and the Ministry of Finance.

President Buhari directed all MDAs, banks and companies to cooperate with the committee, which he said should submit its report to his office within four weeks.


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  • musa aliero

    I hope the auditors will not collect their own share and pretend all is well, it is Nigeria any thing is an avenue for some to be corruptly enriched!

  • Julius

    I completely and totally agree with you. Let’s hope no Nigerian audit firm gets involved in a major way because we know how it will come out.

    • Kay Soyemi (Esq.)

      Funny, I just read the full report on the mandate given to the Committee.

      Buhari is not unaware of the possibilities of these shenanigans.

      • Julius

        He should because all Nigerians are aware of shenanigans…it’s our middle names..lolz. Hope so bro.

  • Dr Pat Kolawole Awosan

    This is a transparent act by president Muhammadu Buhari, for inaugurating a committee to conduct a thorough audit of all recovered stolen public funds and asset under his anti-corruption war that befell Nigeria, under former PDP led Dr Goodluck Ebele Jonathan,s Federal Government of Nigeria.
    Those whose passion and insinuation of false would now come to their senses as their ethnic/religion-bigotry have shamed them all moreover, now that global oil price has collapsed and Nigeria, has diversified its economy from reliance on oil for agricultural produce and natural resources.

    • emmanuel

      nitwit.

  • kinsly

    Fire On La Presidente! No peace for the criminals.

  • mascara

    This is nonsense. Buhari himself said he didn’t want transparency on recovered assets. Nigerians have no right to know how much was recovered, and from whom the monies were recovered. That secrecy made it possible for people to steal from it. Now, just watch and see – even the results of the so-called audit will still be kept secret. Only the simple-minded thinks Buhari is handling the recovered asset thing well. If Buhari himself is honest, he will make sure every recovered asset is published, and the name of the culprit made public. If the culprits are put the shame then they will have second thought before stealing public money again.

  • endipin

    Another committee would be set up to review the report of this committee!

  • curseless

    This goes to show that Nigeria is a very difficult and complex place to rule because evil practices have eaten into the fabrics of our consciousness. This is not about Buhari to be honest, it is about the collective will of the people to do the right thing. All these practices in the government is not without the connivance of the average citizen who are aiding and abetting these evil and causing it to fester. When people have audacity to divert recovered money into their pockets then we have a problem. Yes, we don’t like what we see but it represents or mirrors the nature of the society hollistically and for people to be blaming Buhari alone is misguided terribly. Catch any looter in Nigeria his/her village people will openly start to defend him justifying the unjustifiable. What we need to move forward from this morass is a benevolent dictator who will crack the whip and stay above boards,

  • emmanuel

    Where is Osibanjo’s committee report on Oke and Grass cutter?
    Failures love themselves; not just like, because it gives them hope of failing forward. MWEEEWWWW!
    Let him quickly get international forensic auditors to audit the TSA. Na who una dey deceive?

    • Kay Soyemi (Esq.)

      Emmanuel, were you not around when both were eventually fired based on the outcome and recommendations of same Committee report?

      It’s no longer up to the Presidency, but the relevant anti-corruption agencies to prosecute those involved.

      • emmanuel

        We all saw the video of the recovery operations, therefore we must read the report.
        We were told that the report would be released in two weeks at that time. It would be two years soon.
        The duo were sacked because we were on Buharis neck, which he ordinarily did want to do.
        There is no secret about what was a national embarrassment.
        We were told at first that the house belonged to Wike, then to Amaechi and the rest of the story.
        If that house trully belonged to Wike, Nigeria would still be burning by now.
        I imagine that your internet data subscription would not have ran out like it did over the last three months without renewal.

  • realist

    The member of the committee automatically becomes millionaires, as from today several ganamustgo bags fully loaded will accompany visitors to their houses by the cover of the night. The agencies will end up sharing with them in order to beat Buharis sincerity hands down. Unless if not the Nigerians I know.