Abacha $322m loot to be disbursed directly to Nigerians – FG

The FG has revealed final preparations are being made to disburse $322 million late General Sani Abacha loot directly to Nigerians.

Abacha $322m loot to be disbursed directly to Nigerians - FG lailasnews


This was made known to newsmen by the National Coordinator of the Open Government Partnership (OGP), Nigeria and Special Assistant to the President on Justice Reforms, Juliet Ibekaku-Nwagwu.

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.

Ibekeaku-Nwagwu 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;

“The poorest members of the community will be registered online, and before you make any payment, they must have an ID number so that every payment would be tracked.

No amount will be paid out without a joint signature between Nigeria and the World Bank and without identification of individuals,”

She added that President Buhari’s commitment to the Open Government Partnership during the London Summit in 2016 has enhanced transparency and accountability in government budgeting and contracting, adding that “If there is anything we have achieved its about getting Nigerian citizens to become conscious about what is happening with their money.”

6 Comments

  1. Pathetic & shameless liars. Old hags running & ruining the economy to the detriment of the populace…

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