The former senator who represented Kaduna Central in the National Assembly, Comrade Shehu Sani, has expressed dismay over the government’s allocation of N10 billion to over 2 million to Nigerians as student loans when an individual is said to have looted N30b in the Humanitarian Ministry.
Sani was reacting to the disclosure of the Economic and Financial Crimes Commission (EFCC) chairman, Ola Olukoyede, that the agency has so far recovered N30billion for the Federal Government traced to 50 bank accounts which have been placed under investigation.
Olukoyede made the disclosure while giving an update on the ongoing probe of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, including the erstwhile chief executive officer of the now suspended National Social Investment Programme Authority (NSIPA), Halima Shehu.
“Moreover, with respect to this particular case, we have recovered over N30 billion, which is already in the coffers of the Federal Government. It takes time to conclude investigations; we started this matter less than six weeks ago.”
Sani, in a post on his X handle, quipped: “Loan for over 2million Students:N10Billion.
Money recovered from One person:N30 Billion.”
The comment by Sani elicited swift reactions from netizens.
@raji_abduljelil said: “No profession can be so lucrative like politics.”
@Godslove0324 said: “3 times the proposed student loan, yet more is still being hidden and yet to be discovered.”
@daram_ola said: “Students loan – N10b
“Money recovered for one person – N30B.
“You already know our nation’s priority. Renewed hope.”
@edum_in said: “I bet no student who needs the loan even knows how to go about it. And before you collect it the stress you will pass through eh.”
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