Treasury looters seek to return to govt, Lai Mohammed warns

The Minister of Information and Culture, Alhaji Lai Mohammed

The Minister of Information and Culture, Lai Mohammed, has challenged the civil society to work with the media and other stakeholders to ensure that Nigerians never forget, for one moment, the damage done to the country by treasury looters.

The minister threw the challenge at the launch of the Anti-Corruption Situation Room, ACSR, which includes civil society organisations, media groups, government agencies and other stakeholders, in Abuja on Tuesday.

”Those who turned our treasury to their piggy bank are once again presenting themselves as the saviours of the nation. They say the best time for Nigeria was when the proceeds of their corruption subsidized many and gave the illusion of economic boom. They are so emboldened as to say Nigerians are earnestly yearning for them. No contrition. No apologies. No shame. Just sheer bravado. Unbridled arrogance. Revisionism.

”The Civil Society, the media and indeed all stakeholders owe it a duty not to allow Nigerians to forget, to say ‘Never Again’ to those who view Nigeria as nothing but a cash cow to be milked to death,” he said.

Mr. Mohammed said the formation of the ACSR could not have come at a better time, as the Buhari Administration’s fight against corruption is gaining momentum, ”and the government is winning the war”.

”But there is a challenge: There seems to be a feeling of numbness among the citizens about the conduct of those whose actions brought us here, those who looted the national treasury dry. Suddenly, these same people are engaging in revisionist history and blaming everyone but themselves for the mess their actions put the country into,” he said.

Reeling out the cost of corruption to the nation, the minister listed the conversion to a slush fund of the 2.1 billion dollars meant to buy weapons for the Nigerian military to fight Boko Haram; the fact that country could only generate 2,690 megawatts as at 29 May 2015 despite spending billions of dollars on power and the failure of past governments to save for the rainy day, even when oil was selling above
$100 a barrel for many years.

He listed some of the gains of the anti-corruption fight as raising the country’s foreign reserves from $23 billion to $38 billion; stoppage of the payment of phantom subsidy of between 800 billion and N1.3 trillion; and the recovery of at least $43 million and 56 houses from just one official of the immediate past Administration.

Other gains of the fight against corruption, according to Mr. Mohammed, include the recovery of $2.9 billion from looters so far; the Whistle-blower policy which has led to the recovery of $151 million and N8 billion in looted funds from just three sources; the elimination of thousands of ghost workers, which has saved the nation N120 billion and the elimination of the N108 billion in maintenance fees payable to banks, pre-TSA.

He commended those behind the formation of the ACSR, a platform to build synergy among anti-corruption CSOs, the labour movement, the law enforcement agencies, the Parliament and the Judiciary, as well as to ensure that Nigerians take ownership of the fight against corruption.


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  • Mani_Kay


  • evidence

    Under these treasury looters, a bag of made in Nigeria rice was 7k, dollar N198 , fuel N87.
    We did not pay N50 stamp duty or N65 ATM transaction among other devilish tax and duties Buhari imposed on us.
    Please we want the treasury looters to return.

  • Alex

    We the Good Nigerians dont want TREASURY LOOTERS any more.On behalf of every Nigerian,we will use our voters’ card to reject them.Amen

  • Tess

    The greatest looting ever in Nigeria is happening right now, and you Liar Lai think that Nigerians are still hoodwinked by the rhetoric of 2015.

  • obiora

    But Alaye Mohamed was a member of PDP before. So if PDP is Treasury Looter then all of them are the People who looted the Treasury.

    • Nuhu

      Let Nigerians rise up against this fraudulent administration of Buhari.

  • Tony Ani

    Knock it off liar. Prominent members of your most incompetent party are looters. and have pending corruption cases in courts. There is no difference between your party and PDP. Most of your prominent leaders are thieves and defected from the PDP.

  • born Great

    I think is better to have the so called treasury looters back in government, than to have a mindless, wicked and unreasonable man like yourself in government. The expire date of this government is Feb 2019.

  • Stanley

    If it’s the looters as seen by APC, we want them. If it’s the looters that kept naira at N196 and protected our jobs, we need them. Halleluya, let them come and return fuel back to N87.

  • Pointblank

    This people think the same rhetoric and lies they told in 2015, would hold sway today. Nigerians have become wiser. You can go on deceiving yourselves. Since the inception of this administration till date, no single treasury looter has been convicted. Babachar, Buruntai, oke, Maina, Kyari, etc have not even been charged to court. Eyes go clear in 2019.

  • Ekoile

    I have read a similar documented narrative before Mr. Lai, “Give us Barnabas” they said over 2000 years ago….these days we call it Stockholm syndrome. Ignore the wasters, Mr. Lai, history will judge correctly.

  • emmanuel

    The list below represent those who have no integrity in Nigeria today. Their good morning means the day has ended – Buhari, Osibande, Liar, Magu, Lawal Daura, Mamman Daura, Abba Kyari (a certified rogue), Malami, Mahmoud Yakubu of INEC, Amina Zakari of INEC, Satan of Sokoto and Sanusi Lamido. They also represent a clan of looters

  • emmanuel

    If it is possible, 2015 May to 2019 May should not form part of our history. It is a disaster and a period of political interregnum when there were no leaders. A period marred with extreme looting and vindictive government operators