Nigerian Govt to Disburse $322m Abacha Loot to Nigerians

abacha
Share on facebook
Share on google
Share on twitter
Share on linkedin

The Federal Government is making final preparation to disburse $322 million fund repatriated from the accounts of former Head of State, late General Sani Abacha in Switzerland to Nigerians.

The National Coordinator of the Open Government Partnership Nigeria and Special Assistant to the President on Justice Reforms, Juliet Ibekaku-Nwagwu disclosed this recently in an interactive session with newsmen.

Ibekeaku-Nwagwu said under MoU with Switzerland the funds would be paid directly into the accounts of the poorest Nigerians through their various accounts for two years and identification numbers to be made available on the website being developed by the National Social Investment office and the World Bank.

She solicited the patience of Nigerians, explaining that the agencies working on the modalities would brief the public on June 28, adding that the process for the payment will be transparent for civil society and the media to monitor.

She said despite oppositions against the MoU from within and outside government, the Attorney General of the Federation Abubakar Malami and his team have pursued President Muhammadu Buhari’s agenda of ensuring that the $322m was returned for deployment in the social safety nets project, which would make targeted transfers to the poor and vulnerable households.

Leave a Reply