That cash can build 2 standard, world class, well recognize, efficient and highest capacity oil refineries that would meet d entire domestic demand and end subsidy and shortage with a lifespan of about 70yrs before a turnaround maintenance may be contemplated.

looted funds have been reimbursed since 1999-til date. accounting for unaccounted funds how hilarious niger area i hail

only God knows the actual amount Abacha actually looted, that time wire transfer never even dey work well

Adminisher:


World Bank and IMF are failure institutions. A country with talent like Nigeria should have an independent and superior point of view like Iran, India, Russia, China . We are too weighty to be pushovers . The only thing we got from NOI connections was 'fast money' and they have removed all that for higher returns in countries that their economies are not driven by oil like India
This is a good thing. All Nigeria needs is some DEVELOPMENT ECINOMICS not financial complexities that are not adding value.

We need ministers who think and do like Dangote . Practical implementation skills like the Chinese instead of commercial products that only yield on businesses like fuel importation or contracts with oil and gas companies.

Very nice post...

The efforts of Nigerian government to recover the looted fund without the full supports of Nigerian would not make the task easy for the government, to recover the looted fund, we are hearing that the looters will fight back the nation and they were doing so without hide! it's samefull to this nation that a few elements with their evil acts and their colaborators hold down the 170 million nigerian in sufferance at the watch of themselves without any reactions isn't this a shame to the nation? If $1 trillion is unaccounted for and we are looking elsewhere for an angel to come and fix our economy for us without taken the looters responsible, it's a shame to this nation, if we still depend on the aid of western world , Usa, Asia gulf state for our own survival while harbouring the looters who looted us to bone without challenge, then it's a shame to the nation! if the Europian looted their treasory can they have the money to fix their economy talkless of helping others. if a party which formed for the service of the people openly support and protected the looters it is a shame, enough is enough for the office holders and publics sevants who looting nigeria treasory. NLFRC is now at watch of you looters and a drastic action will be taken against any looters!
here is some of the action taken so far:
Letter to the UN
Letter to the EU
Letter to the world bank and monetary institutions
Letter to the AU
Letter to the ECOWAS
Letter to the nations: Swis, Gb, Usa, Germany, Asian nation, Gulf states etc
we let's these international communities known that we need their full support on how to help nigerian government recover every kobo looted in nigeia and placed in their countries, no more hide out for the looters any longer, they either return the looted fund at their disposure or return it, no other options, they may try to play god or take is as joke all for their peril!

JOIN NLFRC Crusade to save nigeria nation!
NLFRC: Nigeria Looted Fund Reserve Recovered Crusade.
GOD BLESS NIGERIA....AMEN

co-ordinator oyinkinola

bokohalal:


If you blind yourself so as not to see your enemies you will have no eyes with which to see your friends

Atimes in life,all you just have to do is to say the right word at the right time...before you know it;all the nairaladers will like you. I like this

The entire money should be sunk into modern railway, Lagos - Abuja, Port Harcourt - Abuja, Kaduna - Kano.

Um but it was Nigerian money to begin with..... How can Nigeria let another country dictate the conditions of its own money expenditures? Wow. If Nigerians accept that, complete international respect lost

nigeria really doesnt need the money, cos dese fooolz we av as govt will squander the money to the last cent. id rather prefer switzerland to donate the money to charity organizations around the world who are known for engaging in genuine charitable causes.

Correct in principle, but the truth is that Abacha never looted.

There is a big deception of Nigerians to scapegoat Abacha, and I am very surprised it appears to be still continuing in present govt, although whilst the news media are quick use the term "Abacha loot", I have not seen any member of present govt use that term.

Guyman02:


The looter here is Switzerland. Abacha is just a conduit

TheTransformer:
Don't you know simple Arithmetic at all? Each Nigerian would be getting only $1.77

if abacha died almost 18yrs, our money had been used for businesses for 18yrs .....interest nko?lolz