Buhari says unclaimed looted assets will sold off

You're referring to the recent statement made by President Muhammadu Buhari regarding the sale of unclaimed looted assets in Nigeria.

On February 26, 2023, President Buhari announced that the Federal Government would sell off unclaimed looted assets recovered by the government. This decision was made in a bid to generate revenue for the country and to ensure that the looted assets are put to good use.

According to the President, the sale of these assets would be done through a transparent and open process, with the involvement of relevant stakeholders, including the National Assembly, the judiciary, and the public.

The President's statement was made during a meeting with the National Assembly, where he briefed lawmakers on the progress made by the government in recovering looted assets. He emphasized the need to ensure that the assets are sold off in a way that benefits the country and its people.

The sale of unclaimed looted assets is seen as a major step towards recovering the country's stolen wealth and using it to develop the nation. The move is also expected to help reduce corruption and promote transparency in government.

It's worth noting that the sale of looted assets is not a new concept in Nigeria. In the past, the government has sold off recovered assets to generate revenue and fund development projects. However, the recent announcement by President Buhari is seen as a significant step towards ensuring that the country's looted wealth is put to good use.

What are your thoughts on this development? Do you think the sale of unclaimed looted assets is a good idea?