President Muhammadu Buhari has said all recovered illegally acquired assets would be sold and used for the development of Nigeria.
Buhari disclosed this while responding to a question during an interactive session with the Nigerian community in Togo recently.
His media aide Garba Shehu told newsmen that “the President assured that his administration had remained steadfast in keeping to its three campaign promises of providing security, improving the economy and fighting corruption.
“The President noted that if past governments had utilised 25 per cent of the huge oil revenue available to them, Nigerians would not be complaining today.
“He cited the $16 billion reportedly spent on electricity and yet Nigerians could not see the power.”