The Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Itsey Sagay says the Federal Government has recovered billions from corrupt Nigerians in the past four and half years.
Sagay, who made the disclosure while fielding questions from State House Correspondents in Abuja on Thursday, said the committee had recorded unprecedented progress in the fight against corruption across the country.
According to him, the proceeds of the anti-corruption fight are already being ploughed into the country’s treasury, where it is use to make life better for citizens.
“The more remarkable aspect of it is that this recovered loot is being ploughed into the national budget every year and used for the Social Investment Programme.
“So when you hear about feeding of over 12 million school children; as when I checked last, having nutritious meal every day, you hear of poor families being supported to survive and stand on their feet or over 500,000 young people who are being trained in all sorts of skills and paid N30,000 a month by government and the interest free loans given to small scale businesses all over the country.
“It’s all part of the money, not a kobo of it is left, everything is ploughed back and I think the country should know that, it’s very unprecedented, this never happened before in the history of the country, everything is ploughed back.
“Then we have succeeded in improving the quality of prosecution by giving the anti-corruption agencies lots of capacity building, train them in the manner cases should be prosecuted and how charges should be drawn.
He said judges up to the Supreme Court had also benefited from the anti-corruption training program.
He also noted that the federal government had succeeded in blocking leakages and corrupt practices in the nation’s oil sector.
“In the area of corruption, you will be surprised if you think back that nobody talks about fuel subsidy corruption anymore. Previously we were losing almost N400 billion every year on fake fuel subsidy payments but now, it is zero.
“So generally, the tone of the country has improved. The country has gained tremendously, corruption has gone down,” he said.
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