nwakibie3:
The Federal Government (FG) has disclosed how the recovered $104 million Abacha loot was spent. The Special Adviser to the President on Social Investments, Maryam Uwais announced that the money was spent on programmes designed to address the plight of poor and vulnerable Nigerians thereby alleviating poverty in the country.

Uwais disclosed this during her keynote address at a two-day Experts’ Training and Advocacy on Tracing and Recovery of Illicit Funds and Assets organised by the Human Environmental Development Agenda HEDA, in Port Harcourt, Rivers State.

The Presidential aide said the total amount disbursed from the Abacha loot from August 2018 to the October payment cycle was $76,538,530 and $27,099,028 from the IDA credit. She explained that the funds were sent to beneficiaries under the National Cash Transfer Programme, which is a part of the National Social Investment Programme.

On what prompted the decision to distribute the funds to the poor, Uwais said that it was decided over by a combination of the Swiss government, the World Bank and the Federal Government. This was to ensure that the funds were well utilised and not diverted to private pockets, as was the case in the past.

In December 2014, a Swiss judge gave a forfeiture order to the effect that the money ($322.5m) recovered from the family of late General Abacha would be returned to Nigeria, one of the conditions being that the World Bank would be involved in monitoring disbursements therefrom.

“Presumably, this was as a consequence of the opaqueness that surrounded the application of recovered funds.”

wais listed key achievements of the Cash Transfer Programme funded with the Abacha loot and IDA loan facility to include enrolment and payment of 620,947 beneficiaries across 29 states. She went on to express regret that there were millions of Nigerian citizens who had never felt the presence of government in their lives, adding many of them had continued to struggle to eat one meal a day.

https://nairametrics.com/2019/10/22/recovered-n31-8-billion-abacha-loot-was-spent-on-the-poor-says-fg/

so dos d poor r no longer poor? I jst tire

Hiss...
Who is fooling who

Lie from the pit of hell


Well, enjoy your next level while it last

U mean 10k of the trader money is amount 31.8b, oh Lord who did we offend in this country?

nwakibie3:
The Federal Government (FG) has disclosed how the recovered $104 million Abacha loot was spent. The Special Adviser to the President on Social Investments, Maryam Uwais announced that the money was spent on programmes designed to address the plight of poor and vulnerable Nigerians thereby alleviating poverty in the country.

Uwais disclosed this during her keynote address at a two-day Experts’ Training and Advocacy on Tracing and Recovery of Illicit Funds and Assets organised by the Human Environmental Development Agenda HEDA, in Port Harcourt, Rivers State.

The Presidential aide said the total amount disbursed from the Abacha loot from August 2018 to the October payment cycle was $76,538,530 and $27,099,028 from the IDA credit. She explained that the funds were sent to beneficiaries under the National Cash Transfer Programme, which is a part of the National Social Investment Programme.

On what prompted the decision to distribute the funds to the poor, Uwais said that it was decided over by a combination of the Swiss government, the World Bank and the Federal Government. This was to ensure that the funds were well utilised and not diverted to private pockets, as was the case in the past.

In December 2014, a Swiss judge gave a forfeiture order to the effect that the money ($322.5m) recovered from the family of late General Abacha would be returned to Nigeria, one of the conditions being that the World Bank would be involved in monitoring disbursements therefrom.

“Presumably, this was as a consequence of the opaqueness that surrounded the application of recovered funds.”

wais listed key achievements of the Cash Transfer Programme funded with the Abacha loot and IDA loan facility to include enrolment and payment of 620,947 beneficiaries across 29 states. She went on to express regret that there were millions of Nigerian citizens who had never felt the presence of government in their lives, adding many of them had continued to struggle to eat one meal a day.

https://nairametrics.com/2019/10/22/recovered-n31-8-billion-abacha-loot-was-spent-on-the-poor-says-fg/

In other words.......campaign promise delivered!!!
Indi ara

pls who are this poor pple,,,, ? the money they would have used in paying our debt,,, yet Nigeria still houses the highest number of poor pple in the world after spending all these money...

really? and m still poor?this must b a joke

really? and m still poor?this must b a joke

But efcc is working now...

Bastards Don loot ninja finish

What is my busness. I have since lost empathy for the citizens of this country. Webl are all responsible for this mess. We put ourselves in it and vehemently resist anything to change the situation.

But I repeat again. Poverty has nothing to do with resources, available or absent. It is a mental state that cannot see the way to create wealth or sustain it. Give them 100 gazillion dollars and nothing will change.

Biggest budgets ever, highest debts everz yet nothing....

Criminal Gang On Next Level

Laugh wan kee me O
"poor" senators or almajiris only?

i have nothing to say i have nothing to say

Zombies will still believe this


OLD BACKWARD AFFIDAVIT WIELDING HERDER

Now, how many are we in Nigeria? In other words, each of the poor might have received 1million above? Who among us received his or her own? I told you people that buhari is still where he was kept since 2017 in London. I pray flesh still remain before the truth come out

Shows you're ignorant of what is happening in your country. Google is your friend ore

Jasseyfrd:



TALK TRUE.. MY WAS FREE.. RENEWAL N500

Buhari government administration is the worst government so far , know policy direction at all,

Buhari government administration is the worst government so far , know policy direction at all, [color=#000000][/color]

Wow! Best government ever... Lolz








YOU WANT TO ENJOY AT LEAST 8 HOURS ELECTRICITY DAILY WITH OUR 1KVA SOLAR SYSTEM? CHECK MY SIGNATURE NOW

When they replay their excuses in their head and also amongst themselves during their numerous meetings, does it sound plausible before they tell the public or they just don´t even bother to lie properly anymore because they believe whatever they tell us, is what we will accept?

MADAM MARYAM UWAIS, IRONICALY YOU MUST BE A GREAT MOTHER, WIFE AND MOUTH PIECE OF APC TO COME UP WITH SUCH PROCLAMATION LATE ABACHA LOOTS WAS SPEND FOR THE POOR?!? REALY WAS SUBSIDY PAYMENT ALSO FOR THE POOR?? OR THE UNDER FUNDED AND HIJACK IDP CAMPS?? OR THE ELECTION TRADE MONEY WHEN DID YOU GO TO MARKET LAST AS A MOTHER I HAVE NOT SEEN THE CHANGE EXCEPT HUNGER, HUNGER, INSECURITY, UNREST, KIDNAPPERS, ETC. WORLD BANK SAID NIGERIA IS THE POOOORESSST COUNTRY IN THE WORLD. GOD BLESS YOU!!

Poor wetin , If I hear.

God punish u there

Shameless set of people

blackboy2star:
Shows you're ignorant of what is happening in your country. Google is your friend ore

I did mine today at AMAC....they where very fast... Believe me..

Person wey talk diss shit no dey fear god at all

Buhari has allowed his govt to be dragged into this lie.
The truth is that there is no Abacha loot returned. I know Abacha never looted and white supremacist would never in reality return a kobo of any money they have managed to steal from Africa.

But because Abacha defied them and refused their ruinious IMF and World Bank loans and their dictates, These white supremacist need to discredit the great General Abacha so they have to pretend that they have returned loot stolen by Abacha.
Somehow they seem to have made our govt go along with this deception.

My theory on how this may have played out, is that the white supremacist will say we are returning the money $60m but it would not be given to you directly but will pay it to humanitarian NGO operating in the country to alleviate poverty.
Of course these
NGO will never receive the money but the white supremacist global powers would insist and put it on record that the refund has been made.

This why over 21years after Abacha's assassination sponsored by the same white devils the only loot they seem to be finding to return (pretending to return) is this phantom loot they termed "Abacha's loot" which by the white supremacists' own assertion is not even upto a total $1bn , yet no Nigerian govt has ever accounted for this loot and captured in annual budget.

Deepsky:
Shameless set of people

When you thought you've heard it all. Na waoooo

Name them? I mean the poor!

Wasted 8yrs.. yet some idiots wants tinubu to come waste more years.. No hope for the poor

Abacha loot ko abacha ni,abacha wey baba said he didn't steal any money!