Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,574 members, 7,809,095 topics. Date: Thursday, 25 April 2024 at 10:55 PM

Statement On The Return Of The Abacha Stolen Millions - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Statement On The Return Of The Abacha Stolen Millions (45728 Views)

The Abacha Govt You People Eulogize / Did You Receive Any Stipend From The Abacha Loot Disbursement? / Who Brought Up Ideas Of Murder During The Abacha Junta? (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Statement On The Return Of The Abacha Stolen Millions by References: 4:09pm On May 05, 2020
STATEMENT ON THE RETURN OF THE ABACHA STOLEN MILLIONS FROM THE UNITED STATES AND JERSEY

On Monday, May 4, 2020, some $311 million US Dollars - stolen from the citizens of Nigeria during the Abacha regime - were safely returned to our country from the United States.

These funds have already been allocated, and will be used in full, for vital and decades-overdue infrastructure development: The second Niger Bridge, the Lagos-Ibadan and Abuja-Kaduna-Kano expressways - creating tens of thousands of Nigerian construction jobs and local skills, which can then be useful in future projects.

Part of the funds will also be invested in the Mambilla Power Project which, when completed, will provide electricity to some three million homes - over ten million citizens - in our country.

The receipt of these stolen monies - and the hundreds of millions more that have already been returned from the United Kingdom and Switzerland - are an opportunity for the development of our nation, made far harder for those decades the country was robbed of these funds.

Indeed, previous monies returned last year from Switzerland - some $320 million US dollars - are already being used for the government’s free school feeding scheme, a stipend for millions of disadvantaged citizens, and grain grants for those in severe food hardship.

Without these funds, the fight against Covid-19 would be even tougher.

The latest return is a testament to the growing and deepening relationship between the government of Nigeria and the government of the United States.

Without the cooperation both from the UK Government, the US Executive branch and US Congress, we would not have achieved the return of these funds at all.

For years many countries deemed successive Nigerian administrations as too corrupt, too venal and too likely to squander and re-steal the stolen monies - so they did not return the funds.

Today, US, UK and other jurisdictions have found the partnership with the nation of Nigeria they can finally trust.

The Buhari Administration is committed to - and is enacting - total and zero tolerance to corruption in politics and public administration.

The days when government was seen and used by the political class as their personal ATM to empty are over.

The time of better governance and clean hands in the affairs of state is here to stay.

Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
May 5, 2020

https://www.facebook.com/1636468759900542/posts/2603939996486742/

18 Likes 6 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by gasparpisciotta: 4:13pm On May 05, 2020
So sad. This will also go the way of others before it.

111 Likes 1 Share

Re: Statement On The Return Of The Abacha Stolen Millions by oluwasegun007(m): 4:44pm On May 05, 2020
Imagine the level of development we would be enjoying now if all the looting by this man was judiciously utilized...


Nigeria cannever meet up in this relay race, the rest of the world have moved on...

Imagine the ridicule, because of him America is telling us how to spend our money..

I wonder how much looting fund they have used in purchasing untraceable asset..

No wonder with their money they can't be as poor as dangote.

Well they said he never stole.. What do I know

114 Likes 6 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by Okortor: 4:44pm On May 05, 2020
Money that Would soon be looted and can't be accounted for. Shame on Nigerian govt.

72 Likes 3 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by Ekakamba: 4:45pm On May 05, 2020
The days when government was seen and used by the political class as their personal ATM to empty are over.

The time of better governance and clean hands in the affairs of state is here to stay.





This one go shock even Lai Moh'd. grin tongue

87 Likes 5 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by Forsterobiora(m): 4:45pm On May 05, 2020
Released the LOOTS for a proper reLOOTing

59 Likes 4 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by apesinola001: 4:45pm On May 05, 2020
Story for the gods

16 Likes 4 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by Righteousness89(m): 4:45pm On May 05, 2020
This Loot will likely be Re-Looted!!

20 Likes 1 Share

Re: Statement On The Return Of The Abacha Stolen Millions by dynicks(m): 4:45pm On May 05, 2020
Chai! INDABOSKI BAHOOSE...

Late Sanni abacha for president UNDERWORLD UNION OF LOOTERS !!

This man really raped the wealth of this country from all angles!...

66 Likes 2 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by kingthreat(m): 4:45pm On May 05, 2020
If you have benefited from Abacha loot before, raise your hand up

9 Likes

Re: Statement On The Return Of The Abacha Stolen Millions by Raydos: 4:45pm On May 05, 2020
Its a pity that this money will be embezzled again!

Instead of the government to think about City development, We should start thinking about developing atleast 3 states to a world-class standard, Let's say One from East, West and North, (Kano, Oyo and Enugu)

This will really boost our tourism and will make us less reliant on "OIL",

UAE for instance doesn't give a damn about Oil prices anymore, they now focus more on tourism by building their major cities such as Dubai, And Abu-dhabi to a world class standard, the money UAE make per month now from tourism in Dubai alone can feed the whole Nigeria for a year!!




And besides, if the Government can invest this $311,000,000 into power, and upgrade our power sector to a first world standard!!

It will help an Average Nigerian get out of poverty, stable Power supply alone can alleviate poverty by 20%





But then again this is Nigeria, this money will be embezzled in less than a week!!

What a country!!!!!!!!!

79 Likes 3 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by GingerGarlicTea: 4:45pm On May 05, 2020
Lol..

Sakamajee grin
But who is the Presidency sef? grin



Fat people and Belly fat people are at increased risk of developing serious and sometimes life-threatening illnesses as they age, including:
Heart Disease, Heart Attack, Heart Failure, High Blood Pressure, Abnormal heartbeat
Cholesterol problems, Stroke, Type 2 Diabetes,
Cancers (prostate, gallbladder, colorectal, breast, endometrial and kidney), Liver problems
Etc

You can get fat burning vegetables and fruits to avoid these. We have GINGER & GARLIC TEA in a packet for you to burn down those body fats from today.
Chat me up on WhatsApp for pay on Home deliveries.+234903......... 5464... .082.
Let's go......

4 Likes 1 Share

Re: Statement On The Return Of The Abacha Stolen Millions by Virginnn(f): 4:45pm On May 05, 2020
I pity Abacha and all the rulers stealing and siphoning money they and their families can never spend in 1000 lifetimes. imagine what that money and others not known would have done to change our nation and skylines. Nigeria would have been the USA of Africa if not for these set of useless leaders.
Now this government is planning to use the money on projects... I just shake my head.
When I visit some cities and consider what federal government had done I he past like the electricity infrastructures, all those towering masts intheir thousands distributing electricity round the whole country, 4 refineries, national stadiums, national airports, roads, massive bridges, and elegant buildings.

Then I look at what they have done from the 80's till date, you will shake your head in pains. pure waste and massive theft.
Look at our schools today, I just weep for this country.
This projects, this projects they are planning to do with the previously looted funds, Nigeria is doomed.

18 Likes 1 Share

Re: Statement On The Return Of The Abacha Stolen Millions by GeneralPula: 4:45pm On May 05, 2020
I honestly don’t believe any of those Abacha loots have been returned..

Nah coverups and agreement governments just dey do with them..

Those money is damn too much..


But if true, hope they spread it well.

1 Like

Re: Statement On The Return Of The Abacha Stolen Millions by Nobody: 4:45pm On May 05, 2020
But Buhari said he didn't steal anything

5 Likes

Re: Statement On The Return Of The Abacha Stolen Millions by bakisticker(m): 4:46pm On May 05, 2020
Na wa o
Re: Statement On The Return Of The Abacha Stolen Millions by Nobody: 4:46pm On May 05, 2020
Damnn nigarr

Buhari and his cabal will share this 100 billion naira

5 Likes

Re: Statement On The Return Of The Abacha Stolen Millions by apesinola001: 4:46pm On May 05, 2020
I don't trust this government

2 Likes

Re: Statement On The Return Of The Abacha Stolen Millions by Dannyozs(m): 4:46pm On May 05, 2020
shocked

The sum has been returned for further "relootance"

God bless Africa grin

4 Likes

Re: Statement On The Return Of The Abacha Stolen Millions by omlueh(m): 4:46pm On May 05, 2020
Abacha never looted says the presidency

1 Like

Re: Statement On The Return Of The Abacha Stolen Millions by Slawormir: 4:46pm On May 05, 2020
Damnnnnn niggarrr
Isoright
Re: Statement On The Return Of The Abacha Stolen Millions by Golan007: 4:46pm On May 05, 2020
Ask the many hypocrites that never wanted America to release the money in the first place, what they expect the money to be used on and they go quiet.
Re: Statement On The Return Of The Abacha Stolen Millions by blaze17(m): 4:46pm On May 05, 2020
As a Nigerian, we'll never stop hoping
Re: Statement On The Return Of The Abacha Stolen Millions by Cladez(m): 4:46pm On May 05, 2020
So Buhari collected the money....I thought he said Abacha never stole a dime.



Nigeria and propaganda eh tuuuuehhh undecided

4 Likes

Re: Statement On The Return Of The Abacha Stolen Millions by Faithful4real(m): 4:46pm On May 05, 2020
We are watching

See trap, USA did not tell them how they will replace the fund if misused

Re: Statement On The Return Of The Abacha Stolen Millions by N2B2: 4:47pm On May 05, 2020
Did they just say that they used the $320million returned last year for "school feeding" program? grin

We Nigerians are not yet tired of corrupt governments. The day we are, things will begin to change for the better.

31 Likes 2 Shares

Re: Statement On The Return Of The Abacha Stolen Millions by HITMEUP4ANYBIZ(m): 4:47pm On May 05, 2020
any deal ? grin

Rubbish, these people are crazy, how many times will you collect loan before you finished your elephants project, $320 million dollar to feed the poor... you people should fear God


God must punish these politicians that turned Nigeria into this, you shall not have peace for putting us through this hardship

I have Netflix and PIA VPN @ a lil amount

16 Likes 1 Share

Re: Statement On The Return Of The Abacha Stolen Millions by princeade86(m): 4:47pm On May 05, 2020
OK.
Re: Statement On The Return Of The Abacha Stolen Millions by vickthourh(m): 4:47pm On May 05, 2020
Scam

(1) (2) (3) (4) (5) (6) (7) (Reply)

Obasanjo: If Nigeria Breaks Up, Minority Groups Will Be Exterminated / Nnamdi Kanu Arrives Court Premises, Amidst Tight Security / 'I Am Now The Governor Of Ebonyi' - PDP's Idu Igariwey Declares

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.