Bauchi state asset recovery committee uncovers property worth billions acquired illegally
The Bauchi State Assets and Funds Recovery Committee set up by Governor Bala Abdulkadir Mohammed of the state says it has discovered state government’s land in Kaduna State valued at 1.5 billion naira.
According to him, the government had also paid the cost of certificates of occupancy for 2 other plots while it required to apply for reallocation of the remaining 3 plots as they have fallen within the proposed Petroleum University. Markus Koko Yake noted that the property belonging to the State Government adjacent to Wikki Hotel, Bauchi which the former Governor M A Abubakar sold to himself without following due process should be recovered.
He stressed the need for the state government to improve the status of several assets for effective revenue generation and mentioned the assets to include Mining Lands, Yankari Games Reserve, Sumu Wildlife Park, Hotel outfits and its moribund industries.
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