A lot of Nigerians had been eagerly awaiting the release of the looters’ list as promised by the Federal Government, but were disappointed when it was finally released last Friday and Sunday.

They said there was nothing new about it, as it contains the names of people they were already familiar with.

The Chairman of the Presidential Advisory Committee Against Corruption, Professor Itse Sagay (SAN), offers an insight.

"Well, you cannot go and cook up a list just to satisfy the people’s appetite.

"If the list contains the names of people who are being prosecuted or interrogated right now, that’s the best; that’s the only list that can come out and, of course, another group that will be named would be people whose assets have been forfeited, either temporarily or permanently. I don’t really understand what Nigerians expected."

Sagay said this in Abuja while reacting to the looters' list released by the Federal Government.

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He stated that while it seemed the list contained only members of the Peoples Democratic Party, was "because the PDP which had been in power since 1999, had had access to assets, national wealth and had helped itself without restraint, without caring about the welfare of the people.

"Others didn’t have that opportunity, so ideally, their names would be the ones being mentioned. Maybe in 10 years’ time, maybe some APC members would have their names mentioned in the looters’ list."

Asked why the name of former Minister of State for Defence, Musiliu Obanikoro, who left the PDP for the APC, alleged to have been involved in the same $2.1bn arms scam that made most PDP members to be on the looters’ list was missing, he said: "You know this is a list released by the Minister of Information [Lai Mohammed]. So, he must have a reason for omitting his name. Maybe there has been a change of situation as regards his charges at that time. I have no idea."

It appears Nigerians will have to wait for 10 years before members of the APC that may have mismanaged public funds will be named.

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