Recovered loot’ll help the economy –Oyegun

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NATIONAL Chairman of the ruling All Progressive Congress (APC), Chief John Odigie-Oyegun, said yesterday, that the Presi­dent Muhammadu Buhari administration will plough back all recovered looted funds into the economy.

 Oyegun said the process will follow normal legisla­tive approach.

This was just as he feigned ignorance of any threat to his position.
Odigie-Oyegun spoke with State House Corre­spondents at the end of a meeting, President Buhari had with the leaders of the APC at Aso Rock.

The APC chairman said it was wrong to say that the present administration had spent a year in office when the 2016 budget, which is its first budget, was passed yesterday. Oyegun reiter­ated that all monies recov­ered from looters would be deposited into the nation’s account.

“We don’t just recover money and spend it. When we recover money, it will go into the revenue purse, it will be deployed appro­priately with the normal legislative approach,” he said.

Asked to react to the reports making the round that his position was be­ing threatened, Odigie- Oyegun replied, “I am not aware that my office is under threat. I led the party to the State House.

 It (the report) amazes me, occasionally, it annoys me. That is one of the things you have to endure when you are in a position like mine.

He said party leaders discussed challenges since the elections and decided on the way forward during the meeting.
“It was a very serious meeting that discussed serious issues that have to do with the progress of the party.
“Basically, we are ex­pecting the budget to be out, and once that is done, implementation of our policies will start. That is what we will use to deliv­er on our promises to the people.”

On the disagreement among members of the party in some states, the party chairman said there was nothing strange about it.

“Skirmishes among par­ty members are normal. We have set up a commit­tee looking into all those issues and will resolve those issues,” he said.

SUN NEWS


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