– The Nigerian government has
proposed 5 ways to spend the
Abacha loot – The loot which is yet to be
released by Switzerland is part
of the 2016 budget – If released the $321 million
will make it $1.044 billion of
stolen loot, returned by
Switzerland so far Abacha’s de factor rule as
president from 1993-1998 was
marked by looting of the
country’s treasury In order to facilitate the quick
return of part of Sani Abacha’s
loot from Switzerland, the
Nigerian federal government has
proposed ways the returned loot
will be used, when released. Therefore, the government of
Nigeria has sent 5 proposals to
Switzerland detailing how it will
spend the $321m Sani Abacha
loot. According to The Nation, Justice
Abubakar Malami, the Attorney
General of the Federation (AGF)
for the Buhari administration said
they will spend the bulk of the
fund on social welfare for Nigerians to alleviate poverty. “Some of the projects have been
captured in this year’s budget.
They will impact on all Nigerians,”
Malami said. “They wrote back to us on the
fact that they will want the World
Bank to be directly involved in the
monitoring of the projects with a
caveat that we have to pay
monitoring fees. “We have not come to terms with
paying monitoring fees for all the
projects. We have not taken any
decision to pay the bills for all the
projects or to restrict the payment
to two of the projects, “We are already collaborating
with World Bank on three
projects which will accelerate the
nation’s development,” he
concluded. READ ALSO: How President Buhari may spend recovered looted
funds Note that, if released the $321
million will make it $1.044 billion
of stolen loot Switzerland has
repatriated to Nigeria in the past
11 years. Meanwhile, recall that only two
months ago, former president
Olusegun Obasanjo had
described a judge as “ignorant
and stupid” for directing all past
civilian presidents from 1999 to account for the loot recovered
from the late military dictator, Sani
Abacha. The judge had issued an order of
mandamus directing the federal government, through the
attorney-general of the
federation, to compel the regimes
of Obasanjo, Musa Yar’ Adua and
Goodluck Jonathan to publish the
details of the recovery and spending of the Abacha loot.https://www.naij.com/919520-read-5-ways-fg-plans-spend-abacha-loot-321m.html?source=index_main

this administration keep looking back and pointing fingers rather than forward and pro-faring solutions

crestedaguiyi:
this administration keep looking back and pointing fingers rather than forward and pro-faring solutions

So Buhari should leave Abacha's stolen money with Switzerland so that they can use it to develop their country while you go and work there as cleaners and security guards.

It is obvious wailers can't stand the sight of Buhari exposing the rot that took place under their brother.
How do you ignore $20B lying idle in the account of few Nigerians and start worrying about oil price you have no controll over?

Seen

jahsharon:


So Buhari should leave Abacha's stolen money with Switzerland so that they can use it to develop their country while you go and work there as cleaners and security guards.

but the dullard of daura said abacha did not loot