2018 budget to be partly funded with recovered funds – Sagay

Chairman of the Presidential Advisory Committee Against Corruption, Itse Sagay, has revealed that the Federal Government is to partly fund the proposed N8.6 trillion budget for 2018 with recovered funds.

Sagay, who spoke on Friday in Abuja during his committee’s ‘interaction with stakeholders’, said the Federal Government’s anti-corruption efforts had, so far, been extremely successful, with a total of N500bn now in its kitty.

He said Nigerians had never witnessed the recovery of looted funds as huge as the quantum the President Muhammadu Buhari Administration had achieved in the last two years.

The professor of Law said N500bn from what has been recovered is going to be used to fund the budget in 2018.