BREAKING! $322.5 Million Abacha Loot Shared To 1.9m Nigerians - FG

The Federal Government has disbursed the entire $322.5 million Abacha loot of 2017 to 1.9 million poor and vulnerable Nigerians.

Before making the disbursement, the money accrued an interest of $11 million where it was deposited.

Mr. David Ugolor, Executive Director of ANEEJ, an independent monitor providing independent report on the use of the funds, made this disclosure in Abuja yesterday.

Mr. Ugolor told reporters that "the Abacha loot is exhausted. An interest of $11 million was accrued in the money where it was saved and it was disbursed to around 1.9 million poor Nigerians".

Ugolor added that "no politically motivated data was used in selecting the beneficiaries; the National Social Register was used to determine those who will benefit and the register is updated regularly to remove those who have died".

According to the ANEEJ Executive Director, "the Abacha loot that was recovered have been exhausted, we have a responsibility to inform Nigerians and then to make sure to tell them what the money was used for"

He noted that, "it is a very controversial issue that people sit down at home and begin to point fingers that Abacha's money has been stolen. What we have done with this monitoring is very ground breaking".

Ugolor said ANEEJ will publish by the end of next month, state by state data of how the money was disbursed.

To which Nigerians??

I don't understand this, that's the money is disburse to who?

The stealing in this country even God go shock

I'm yet to receive a kobo, i guess they shared it amongst themselves and their families

GOD know say if I be politician and I occupy public office tomorrow, I go Loot the past, present and future of this Nigerians destiny... Infact I go put the whole of Nigeria for my pocket.

The more you Loot in this country, the more you earn the respect of Nigerians.. Abeg who no like better thing?

Yes oh! 1.9 million ghost Nigerians.

Mjshexy:
I'm yet to receive a kobo, i guess they shared it amongst themselves and their families

It is only for ghost Nigerians. Not for actual Nigerians that exist like you.

Money that is enough to fix electricity and you people will tell me that we should vote APC again please vote Labour Party

AllBlack:


It is only for ghost Nigerians. Not for actual Nigerians that exist like you.

They will all vomit it, there's no place for the wicked

Kollins11:
GOD know say if I be politician and I occupy public office tomorrow, I go Loot the past, present and future of this Nigerians destiny... Infact I go put the whole of Nigeria for my pocket.

The more you Loot in this country, the more you earn the respect of Nigerians.. Abeg who no like better thing?

Amadioha!!!

Them Don reloot the money Sharp sharp.
Shebi bụbu na man of integrity

IduNaOba:

Amadioha!!!

Amadioha no dey work bro. If E dey work, E for don kee Tinubu, athifku and other political theives.

Infact the more you curse them, the more they Loot your future.. Please rain more curses on me oo. I really need the curse.

Mjshexy:
They will all vomit it, there's no place for the wicked

Story.
They will not vomit anything. Their children & grandchildren will still use the money to live large too.