Buhari says at UN -$9.6bn judgment: P&ID case, a scam

President Muhammadu Buhari warned on Tuesday that Nigeria would not tolerate attempts by persons and organisations he called international criminals to defraud the country.

He also stressed that his administration would sustain its anti-corruption fight.  Buhari cited the Federal Government’s prosecution of Process and Industrial Development over the controversial $9.6bn judgment it obtained from a London court against Nigeria as an example of  “a scam.”

He was speaking at the General Debate of the ongoing 74th Session of the United Nations General Assembly in New York.

Buhari told the session that the world was facing various crises, including financial crimes, and called for collective efforts by all countries to address the problems.

The President’s speech also touched on the social media, blaming them for promoting crimes and mass killings.

He also held technology companies responsible for helping the social media to fuel crises.

Buhari also spoke on the effects of poverty, saying , “ No threat is more potent than poverty and exclusion”, adding that a link existed between poverty and criminality.

The President told the session that his administration was doing much to tackle poverty as exemplified by its social investment programmes for the vulnerable people.

Making a general case for Africa, Buhari sought the support of the West to develop the continent.He spoke further, “A developed Africa will not be antagonistic to industrialised countries but will become friends and partners in prosperity, security and development. A prosperous Africa will mean greater prosperity for the rest of the world. A poor Africa will be a drag on the rest of the world. Is this what the international community wants?

“A coordinated multi-lateral effort should be set in motion to utilise and maximise use of the enormous resources on the African continent for the benefit of all nations. Investing partners will be able to recoup their investments manifold over time.

“Current attempts to help develop Africa by industrial countries are un-coordinated and plainly incremental. We have the skills, the manpower and the natural resources, but in many instances, we lack the capital – hence my plea for industrial countries to take a long-term view of Africa, come and partner us to develop the continent for the benefit of all.”

Buhari also devoted some time to the Palestinian situation, saying that Palestinians had a right to live on their own land.

The President also informed the session on Nigeria’s plans to combat climate change.

He called for the expansion of the membership of the UN Security Council to include more nations. (Punch)

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