Tinubu: I’ll recover all stolen assets, funds

President Bola Tinubu has vowed that his administration will recover every stolen asset from the country.

Tinubu made the vow while declaring open a Summit on Asset Recovery in Abuja on Tuesday, May 27, 2025.

The president said: “Asset recovery is a vital tool in our anti-corruption strategy as it is not merely a legal exercise but a moral obligation.

“Recovering stolen public funds and channelling them towards developmental needs represents both justice and restitution.

“It is about restoring the peoples trust and ensuring that every kobo of our national wealth works for the common good.

Tinubu seeks Senate approval for $21.5bn loan

“Asset recovery sends a clear and unwavering message that there will be no safe haven for corruption in Nigeria and it served as a deterrent, a symbol of accountability and a practical tool to rebuild national confidence in public institutions.

“I would like to reassure you that my administration is committed to aggressively pursuing the recovery of stolen assets, ensuring that every looted fund is returned to the Nigerian people.”

Tinubu, who was represented by the Permanent Secretary in the Office of the Secretary to the Government of the Federation, Nadungu Gagare, added that his administration had prioritised the use of recovered assets in financing critical infrastructure such as the Lagos-Ibadan Expressway, the Second Niger Bridge, and the Abuja-Kano Expressway.

Also speaking, the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, said asset recovery was a fundamental pillar to the fight against corruption, economic crimes, and illicit financial flows.

The Star

Segun Ojo

Recent Posts

Tinubu extends Customs boss Adeniyi’s tenure by 6 months

President Bola Tinubu has granted a final six-month tenure extension to the Comptroller General of…

4 hours ago

NECA commends FG over tax transition guidelines

The Nigeria Employers’ Consultative Association (NECA) has praised the Federal Government for issuing the General…

6 hours ago

IGP appoints Anietie Iniedu as Force spokesperson

The Inspector-General of Police (IGP), Olatunji Disu, has approved the appointment of CSP Anietie Iniedu…

6 hours ago

Tinubu orders security reinforcement at NIPSS after deadly attack

President Bola Tinubu has ordered the immediate reinforcement of security at the National Institute for…

7 hours ago

‘You’ve not disappointed me’: Tinubu lauds Wike over FCT transformation projects

President Bola Tinubu says the Minister of the Federal Capital Territory (FCT), Nyesom Wike, justified…

7 hours ago

Ex-Kano anti-graft chairman alleges Kwankwaso got N3bn

A private legal practitioner and former Chairman of the Kano State Public Complaints and Anti-Corruption…

8 hours ago

This website uses cookies.