Funds Recovered From Looters Used To Fund Country’s Budget – Malami


Abubakar Malami, Attorney General of the Federation and Minister of Justice, has disclosed that funds recovered from looters by the Federal Government have been used to partly fund the country’s annual budget in the last three years.

Malami made the revelation at a stakeholders’ validation retreat discussing the second Nigeria Open Government Partnership Action Plan. 

According to the minister, the Federal Government has approved the harmonisation of the National Anti-Corruption Strategy as part of measures in its war against corruption.

He explained that the asset recovery programme of President Muhammadu Buhari-led administration has been marked by a high level of transparency, which was why it has been able to recover the amount of looted funds in the last three years.

Malami said: “With respect to the commitment under anti-corruption thematic, the Federal Government has approved the harmonised NACS.

“Greater transparency in asset recovery has been recorded in the past three years and these have been applied towards the implementation of Nigeria’s annual budget as well as in social investment for the poor.”

Also speaking, Tayo Aduloju, the incoming Co-Chair, Non-State Actors of the Open Government Partnership National Steering Committee, said there was a need to eliminate corruption in the country.

He also urged the Federal Government to ensure the action plan is characterised by transparency. 


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