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Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway (12055 Views)

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Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by tonio2wo: 4:35pm On Jul 11, 2018
Tiri hundred and twenty two million dollars, bye bye �
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by BruncleZuma: 4:36pm On Jul 11, 2018
Chai nah so dis money wan take enter circulation again
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by sureteeboy(m): 4:36pm On Jul 11, 2018
Hmm... Bunch of thieves. The fact is, whatever this money is being claimed to be channeled for, the fact remains that its just an avenue for looting

1 Like

Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by LazyNairalander(m): 4:37pm On Jul 11, 2018
Nothing works in kogi. They are embarking on wild goose chase. Abegi.


check my SIGNATURE
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Sunmolar(m): 4:37pm On Jul 11, 2018
Blue3k:


Read more at: https://www.vanguardngr.com/2018/07/abacha-322m-loot-reps-move-to-use-fund-to-resuscitate-ajaokuta-steel-railway-line/


expatriates will be rejoicing with this bill by reps. surely gifts will start flowing from foreign firms handling the project to legislators. at reception of this news
In addition, if Africans didn't develop Africa by themselves no foreigner will.

instead of going for a project that will make impact on unemployed graduates and youth, they prefer to throw it out to strangers. bunch of thieves.
Its pathetic the youth will still be supporting this ills on social media.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Mrojoshua(m): 4:38pm On Jul 11, 2018
Authoreety:
Reps stylishly looking for money to steal...


That money go jst disappear and nobody go cough..




Its d naija factor
True talk. Corruption in high places


I always knew notin gud will come out of ds money owing to d kinda politicians presently in office

1 Like

Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Craziestgirl(f): 4:42pm On Jul 11, 2018
Lolzzzz.
Where is the electricity to power the steel mill going to come from?
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Blue3k(m): 4:43pm On Jul 11, 2018
Craziestgirl:
Lolzzzz.
Where is the electricity to power the steel mill going to come from?

It has its own thermal power plant.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by AZeD1(m): 4:44pm On Jul 11, 2018
Craziestgirl:
Lolzzzz.
Where is the electricity to power the steel mill going to come from?

Ajaokuta has its own power plant.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by okwabayi(m): 4:44pm On Jul 11, 2018
Abeg they should pay this money to the man who brutalized his wife over a 500 NGN note. At least we the people should see the loot make a difference in a fellow human being's life for once.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by LyfeJennings(m): 4:50pm On Jul 11, 2018
Another scam!
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by haraphat01: 4:55pm On Jul 11, 2018
Oluwao ooo
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by ojonugwa25(m): 4:58pm On Jul 11, 2018
It a welcome development by using the fund to revive the ajaokuta steel complex and rail line even the ajaokuta road is in very bad shape for a very long time now.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Badgers14: 5:00pm On Jul 11, 2018
I thought they said Ajokuta Steel is back is back in action 3 months ago.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by mamaafrik(m): 5:08pm On Jul 11, 2018
someone said they should privatize those two on public private partnership, or engage in electricity transmission grids in the 6 geopolitical Zones.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by GavelSlam: 5:11pm On Jul 11, 2018
jjjjj2017:




[s]APC ZOMBIE ARE AS DAFT AS BUHARI grin

SENDING THE MONEY ON CAPITAL PROJECT IS MORE VIABLE THAN DISTRIBUTING IT TO IMAGINARY LESS PRIVILEGE.

BUHARI IS DAFT & THERE'S NO DOUBT ABOUT THAT APC ASSLICKER ARE MAD[/s]


Some of you have garri for brain cells.

This is a World Bank / Swiss government agreement and the conditions were clear.

The reps are simply grandstanding .

2 Likes 1 Share

Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by jjjjj2017: 5:14pm On Jul 11, 2018
GavelSlam:


[s]Some of you have garri for brain cells.

This is a World Bank / Swiss government agreement and the conditions were clear.

The reps are simply grandstanding [/s].
APC SUPPORTERS ARE AS DAFT AS MUHAMMADU BUHARI

YOU DON SNIFF MUHAMMADU ROTTEN ASS TODAY?
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by swiperthefox: 5:16pm On Jul 11, 2018
Thank God for the reps. That's the best news i have read in a while.
This foolish president wants to reloot the $322m in the guise of giving money to the poor.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by bluecircle470: 5:19pm On Jul 11, 2018
Shukuakukobambi:
I hope they succeed in this...before bubu and osibanjo waste am dey do almajiri five five thousand dash to God knows who!! angry


If you know the procedure of releasing that looted money then you won't say this......you must use it for what it is released for before they can even think of releasing the rest. World bank is monitoring it and how it will be distributed.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Billygene: 5:19pm On Jul 11, 2018
[quote author=Blue3k post=69279962]

Read more at: https://www.vanguardngr.com/2018/07/abacha-322m-loot-reps-move-to-use-fund-to-resuscitate-ajaokuta-steel-railway-line/

[/


Exactly my thoughts!
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by dallyemmy: 5:26pm On Jul 11, 2018
World Bank could be invited to supervise the projects.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Shukuakukobambi: 5:26pm On Jul 11, 2018
bluecircle470:


If you know the procedure of releasing that looted money then you won't say this......you must use it for what it is released for before they can even think of releasing the rest. World bank is monitoring it and how it will be distributed.

Yeah I know they said to be used to better the lot of those it was stolen from and sharing it is the least sensible way of spending it. Investing it in projects that would accrue to better the lives of Nigerians is a surer way to pull people out of poverty. Ajaokuta is one such project and I'm sure the Swiss wouldn't object

Though another thing is if the crooks in NASS and Aso Rock will allow it's judicious application
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by femicyrus(m): 5:44pm On Jul 11, 2018
Blue3k:


Read more at: https://www.vanguardngr.com/2018/07/abacha-322m-loot-reps-move-to-use-fund-to-resuscitate-ajaokuta-steel-railway-line/

the fact that we have a professor as VP and this government can only think of sharing money to the poor without any prior biometric data to support that line of thinking is worrisome. nothing innovative coming from this government on recovered loot is just a shame.

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Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Humility017(m): 6:07pm On Jul 11, 2018
jjjjj2017:




APC ZOMBIE ARE AS DAFT AS BUHARI grin

SENDING THE MONEY ON CAPITAL PROJECT IS MORE VIABLE THAN DISTRIBUTING IT TO IMAGINARY LESS PRIVILEGE.

BUHARI IS DAFT & THERE'S NO DOUBT ABOUT THAT APC ASSLICKER ARE MAD


my brother I tire...it goes to show that the man seriously lack ideas...
nothing to deliver come 2019.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by malcom2x(m): 6:19pm On Jul 11, 2018
Seconded. We can't be fooling ourselves in this country ask the time. Y pay the poor and encouraging laziness while you borrow to finance the budget? May Good help us

1 Like

Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Rindo69: 6:51pm On Jul 11, 2018
Abacha was the biggest thief Nigeria had yet the President said he didnt steal. If you can offer to return 1.2 billion USD...try converting this to Naira, i bet you that your calculator cannot contain the zeroes

Summary: Chances are fleeting that President Obasanjo will see USD 1.2 billion in stolen Abacha loot. Under pressure from Northern political leaders, Obasanjo released late military leader Sani Abacha's son Mohammed from prison September 24. With Mohammed's release, Obasanjo
surrendered his best leverage over the Abacha family. Obasanjo, who hoped for both political and federal budgetary benefits from the purported "Mohammed's release for USD 1.2 billion" exchange, may now end up empty-handed. With Mohammed's release, the Abachas will likely use some of the purloined funds to finance Obasanjo's political enemies. This would be akin to an insurance policy against Obasanjo's recouping the entire USD 1.2 billion. If Obasanjo is defeated in his reelection bid, the Abachas can be fairly certain that the election victors will not pursue them, and definitely not with the alacrity of Obasanjo. End Summary.

Source: https://wikileaks.org/plusd/cables/02ABUJA2837_a.html
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by Nobody: 6:52pm On Jul 11, 2018
Blue3k:


Read more at: https://www.vanguardngr.com/2018/07/abacha-322m-loot-reps-move-to-use-fund-to-resuscitate-ajaokuta-steel-railway-line/



"" Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel""


U can't resuscitate something that never was.

Akaokuta has never produced Steel before.

1 Like 1 Share

Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by gabolak(m): 7:03pm On Jul 11, 2018
"Can anything good ever come from Nazareth..... "
I think this will pass as one of the unexpected good that has ever come from this National Assembly.
kudos to them.
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by 0ldirtybastard(m): 7:16pm On Jul 11, 2018
Blue3k:
Lol this is the 3rd bill they have in circulation regarding the plant. Oh well lets see how this plays out.

Chai. This money is gone. Bet me. Use it for federal roads, disburse it to nigerians, use it for this, use it for that. Confusion everywhere. This is a chess maneuver to checkmate nigerians...i repeat this is a chess maneuver to....*line breaks*

THIS IS NIGERIA!
Re: Abacha $322m Loot : Reps Move To Use Fund To Resuscitate Ajaokuta Steel, Railway by 989900: 7:38pm On Jul 11, 2018
Build 6 world class hospitals in the 6 geo-political zones (1 each), and name them Swiss Hospital, Abacha Loot Hospital (PMB will never allow this), Recovered Loot Hospital, etc.

These are projects that can be started and completed to finish and verified,

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