Some Former Ministers Were Involved in Selling Stolen Crude- Buhari

Nigeria's President Buhari On Tuesday in the United States vowed that; his administration would trace the accounts of individuals who stashed away ill-gotten oil money, freeze and recover the loot and prosecute the Offenders.


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Reacting to questions from members of Nigerians In Diaspora Organization (NIDO) in the United States and Canada at the Nigerian Embassy in Washington DC on the third day of his visit, the President lamented that “Corruption in Nigeria has virtually developed into a culture where honest people are abused.”

According to him, “250,000 barrels per day of Nigerian crude are being stolen and people sell and put the money into individual accounts,” adding that the United States and other developed countries “are helping us to trace such accounts now.

We will ask that such accounts be frozen and prosecute the persons. The amount involved is mind-blowing
 Some former ministers were selling about one million barrels per day.

I assure you that we will trace and repatriate such money and use the documents to prosecute them. A lot of damage has been done to the integrity of Nigeria with individuals and institutions already compromised.”