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NEWS

You Must Recover Money Looted from CBN Under Buhari – Senator Tells Tinubu

December 24, 2023 • 1 min read

A former federal lawmaker, Senator Shehu Sani, has urged the President Bola Tinubu-led administration to recover money allegedly looted from the Central Bank of Nigeria (CBN) and the humanitarian ministry in the last administration.

Recall that the former governor of CBN, Godwin Emefiele, was recently accused of illegally acquiring some commercial banks while in office.

Similarly, the Economic and Financial Crimes Commission, EFCC, has reportedly uncovered N37 billion allegedly looted in the Ministry of Humanitarian Affairs, Disaster Management and Social Development under former minister Saddiya Umar-Farouk.

The alleged looting from CBN and the humanitarian ministry occurred during the administration of the former President, Mohammadu Buhari.

Reacting, Sani, in a post on his official X handle on Sunday, said the funds should be recovered and invested in schools.

The post reads: “President Tinubu should recover money looted from the CBN and the one looted from the Humanitarian ministry under the Buhari ‘integrity’ administration and specifically use it to fund the budget of our public Universities, Polytechnics, COEs and Federal Government Colleges”.