FG Will Make It Difficult For People To Loot Treasury –Adeosun

Nigeria’s Minister of Finance, Kemi Adeosun on Tuesday said the federal government is taking stringent measures aimed at making it difficult for greedy individuals to loot the nation’s treasury.

Mrs. Adeosun stated this while speaking at a conference organized by the Presidential Advisory Committee Against Corruption (PACAC) in collaboration with the Ministries of Foreign Affairs and Justice.

Speaking on the theme “Practical Steps To Stopping Illicit Financial Flows,” Adeosun stated that the high level of corruption was endemic in the country because it was too easy for public funds to be looted, adding that the government would improve tax administration to facilitate compliance and prevent the continuous pilfering of the nation’s treasury.

“We are taking steps to improve tax administration, to improve compliance and to generally make it a little more difficult for people to loot the treasury,” she said.

“My experience from the little time I’ve spent as a Minister is that it’s far too easy to do these things in Nigeria, and we’ve got to make it much more difficult,” she added.

While reiterating the resolve of the current administration at preventing looting and recovering all stolen funds, she stressed that the country could have achieved most of its developmental goals if public funds had been better utilised.