#EndSARS: Looting hurts investment growth – Buhari warns

By Oluwaseun Sonde

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The President of Nigeria, Muhammadu Buhari has warned that looting and vandalism will hurt trade and investment growth in the country, both large and small industries, as well as the hardworking people in the informal sectors of the economy.

While condemning the looting and vandalization in some parts of the country over the #EndSARS protects, as these incidents do not reflect well on any society, he said this criminal action weaken and erode the confidence of the people and that of foreign businesses in investing in the economy.

According to him, “Families must turn back children who bring home unaccounted goods, in the same way wives must ask their husbands to return looted items brought home. They are wrong and condemnable and should not be supported by reasonable members of the society”.

President Buhari commended the decision of the Lagos State Ministry of Justice to prosecute 229 suspects arrested by the police for allegedly using the # EndSARS protest to destroy and loot public and private property.

“A government that launched a massive crackdown on corruption, brought in strong laws for a decisive battle against corruption, pursues loot recovery at home and abroad, taken strong decisions against those who thought they were above the law, will not fold its arms when an otherwise legitimate and peaceful protest is turning into free-for-all vandalism and looting.

“While the administration has, for its part, blocked so many means of looting public money in a war against corruption, it is the expectation that all civil authorities, community and religious leaders in the country must rise against the organized looting and plunder we are witnessing in parts of the country”, he said.

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