Speaking at a meeting with members of the National Peace Committee led by Gen. Abdulsalami Abubakar at the Presidential Villa, President Buhari declared that his administration was committed to ending corruption, unemployment and insecurity in Nigeria.
"Nigeria has to break this vicious cycle before we can make progress," the president said.
In a statement by the Special Adviser to the President on Media and Publicity, Mr Femi Adesina said:
"Buhari told Abdulsalami and members of his committee that the Federal Government, under his leadership, would not only ask for the return of stolen funds that had been stashed in foreign banks, but would also ensure that those who stole the funds were put on trial in Nigeria."
President Buhari also said that he was reorganizing Nigeria's revenue generating institutions. A single treasury account has been established for all Federal revenue to ensure greater probity, transparency and accountability in the collection, disbursement and utilization of national funds, he adds.
"We have really degenerated as a country. Our national institutions, including the military, which did wonderfully on foreign missions in the past, have been compromised. But we are doing something about it. The military is now retraining and morale has been resuscitated."