Thursday, 18 Jun 2026
  • My Feed
  • My Interests
  • My Saves
  • History
  • Latest Updates
Subscribe
WITHIN NIGERIA
  • HOME
  • NEWS
  • ENTERTAINMENT
  • FACT CHECK
  • 🔥
  • FEATURES
  • POLITICS
  • SPECIAL REPORTS
  • ANALYSIS
  • SPORTS
  • NOLLYWOOD
  • EDUCATION
  • OPINION
  • BUSINESS
  • LIFESTYLE
  • HEALTH
  • TECHNOLOGY
  • PRESS RELEASE
Font ResizerAa
WITHIN NIGERIAWITHIN NIGERIA
  • HOME
  • NEWS
  • ENTERTAINMENT
  • FACT CHECK
Search
Have an existing account? Sign In
Follow US
© WITHIN NIGERIA MEDIA LTD. All Rights Reserved.
National

Corruption: Lawan seeks UN’s assistance on repatriation of looted funds

Last updated: March 11, 2020 8:18 pm
Adejayan Gbenga Gsong
Share
SHARE

President of the Senate, Ahmad Lawan, has sought the assistance of the United Nations on the repatriation of looted funds back to Nigeria.

Lawan made the appeal on Wednesday when the United Nations Country delegation paid a visit to his office at the National Assembly, Abuja, according to a statement by his Special Assistant (Media), Ezrel Tabiowo.

The Senate President, while responding to anti-graft concerns raised by the visiting delegation, said that the fight against corruption in Nigeria continues to suffer setbacks as a result of the inability of the federal government to repatriate looted funds stashed away in foreign countries across the world.

According to Lawan, such resources, if at the disposal of government, would go a long way towards addressing critical developmental and infrastructural deficits faced by the nation.

“The head of delegation has raised a lot of issues, and these are important and very relevant issues to us.

“When we fight corruption, we do so within and outside. So much of Nigeria’s resources have been taken out of the country.

“But even when we identify embezzled funds, to get them back to Nigeria is a big deal. And in fact, we are suffering from that for years.

“We have had few occasions when we received some repatriation, but the bulk is still out there.

“We need UN to help us, because the kind of resources that are alleged to have been taken out of Nigeria will make the country a rich country if they are repatriated,” Lawan said.

“We have never been a rich country, comparing the resources we have had, and the development challenges facing us till date.

“We are blessed and endowed, but we need every single kobo to be put into the development of this country,” the Senate President added.

The Senate President lamented further that due to unavailability of funds, the Federal Government resorted to obtaining domestic and foreign loans to fund capital projects in the 2020 budget.

Reacting to concerns raised over Nigeria’s rising population, Lawan said, “I believe that if we are able to use our population to build the capacity of our population, Nigeria’s population will be a blessing not a curse or burden.

“It is our inability to provide for capacity building of the population, and addressing health issues and so on that makes Nigeria look like it is in bad shape.

On Nigeria’s readiness to meet the 2030 deadline for Sustainable Development Goals (SDGs), the Senate President said, “from the failures in the implementation of the Millennium Development Goals (MDGs) in the past, the SDGs will definitely have a better treatment in the country, because our failures in the past has shown us our areas of weaknesses.

“Already, we are trying to work hard between the parliament and the executive arm of government to close ranks, to focus and remain on those issues out of the seventeen, that will have spin-over effects on others.”

Lawan thanked the UN for its “supportive” role to Nigeria in response to the recent outbreak of the Coronavirus (COVID-19) disease in the country.

“We appreciate the role you play in our country. The UN has been so supportive in many ways, and of course, the recent support you have given is in the area of our response to COVID – 19.

“We started slowly in our response, but I think as a country we are now responding very well, and thank God we are also lucky we have very few incidents.

“There are countries that are more developed than Nigeria that are in a very dire situation as far as the COVID-19 menace is concerned,” he said.

Earlier, leader of the United Nations delegation, Edward Kallon said the UN invests about $750m on development assistance per annum in Nigeria.

He added that, “the UN is also very active on the humanitarian front in the country and our support to north east Nigeria, the epicenter of the crisis in Borno, Adamawa and Yobe.

“We have been investing from $945m in 2017 to $878m in 2018, and $714m in 2019, and on an annual basis, the UN and its partners are assisting around 5.5m people in north east Nigeria.

“The total number of people in need of humanitarian assistance this year has varied from 6.2 million to 7.9 million as we speak.”

Kallon, while highlighting the major developmental challenges facing Nigeria said, “The UN is concerned about some mega trends that we feel is affecting Nigeria’s development.

“One, is our concern about explosive population growth visa vis the Gross Domestic product (GDP) Growth rate.

“As you are aware, Your Excellency, the population is growing at the rate of about 2.6 percent, and the economy is growing sluggishly at about 2 or 2.1 percent.

“The second mega trend is multi-dimensional poverty and increasing inequality, which is a major concern for us.

“If you look at the population growth and the GDP growth rate, what it is telling us is that more Nigerians are being born into poverty, and the figures are alarming and is a serious concern.

“The third mega trend is corruption and illicit financial flows, which your government is workin very hard to combat.”

TAGGED:Lawanlooted fundsUnited Nations
Share This Article
Email Copy Link Print
ByAdejayan Gbenga Gsong
Adejayan is an award-winning Journalist and Opinion writer with varied experience in Nigeria. Mail me at AdejayanOluwagbenga@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE
Previous Article ‎Bayelsa: Afe Babalola, Olanipekun protest Supreme Court’s N60m penalty
Next Article Mother Of Floyd Mayweather’s Children Found Dead In Her Car
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

National

Rape suspects should swear with ancestral water before being charged to court – Ondo monarch

By
Adejayan Gbenga Gsong
National

COVID-19: Adamawa announces reopening of schools for graduating Students

By
Adejayan Gbenga Gsong
National

Electoral Act: NASS plans to override Buhari this week

By
Adesina .O (Teekay)
National

Ngige slams ASUU, says they are responsible for prolonged strike

By
Sodiq Lawal Chocomilo
WITHIN NIGERIA
Facebook Twitter Youtube Rss Medium

About US

 Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • World News
  • Opinion
  • Politics
  • Tech
  • Health
  • Travel
Usefull Links
  • Contact Us
  • Advertise with US
  • Complaint
  • Privacy Policy
  • Cookie Policy

© . All Rights Reserved.