₦airaland Forum

So Abacha was our CBN. Nice One

Blinji:
So Abacha was our CBN. Nice One

Just Imagine The Wife Mentality!
Has She Returned the Ones in Her Care ,if any ,with different Names or She thinks we( NIGERIANS) are Fools?
•Can the Northern Youths and the Masses - See How Those Who Recked Nigeria-Financially is taking Nigeria For A Ride?
Very Shameful and Despicable of Her,to talk like that!

𝗚𝗘𝗡𝗘𝗥𝗔𝗟, 𝗡𝗜𝗚𝗘𝗥𝗜𝗔 𝗜𝗦 𝗪𝗢𝗥𝗦𝗘 𝗧𝗛𝗔𝗡 𝗬𝗢𝗨 𝗟𝗘𝗙𝗧 𝗜𝗧.

General Sani Abacha died on this day — June 8, 1998.

The day you left, the West — America, Britain, and their Nigerian agents — rejoiced.
They popped champagne and sold Nigerians a bold lie:
“Abacha is the problem. Remove him, and paradise will follow.”

But 27 years later, the truth is staring us in the face:
Abacha wasn’t the problem — Abacha was the shield.

Under your watch:
A mudu of rice was affordable.
A dorica of rice or beans was N45.
A loaf of bread was N20 — and it could fill you.
Even N5 had meaning and dignity.
Today? N5 is a joke, an insult, a symbol of failure.
Abacha made #22 to a dollar

The naira didn’t collapse — leadership did.
You cut taxes and protected the poor.
They taxed everything that breathes and gave the people nothing.
You said NO to the IMF.
They said YES, and sold Nigeria for cents on the dollar and collected commissions.

Today, insecurity is our daily bread.

Over 7 million Nigerians sleep in IDP camps.

Over 5,000 villages have fallen to terrorists.

Kidnap

Fynx:
I believe her. I have heard this truth spoken many years ago by people who knew it. Abacha is a hero and not the demon South Westerners paint him. I nearly became a soldier cuz of him.

Lol. 27 years after, Abacha is still blessing Nigeria from hell
Did you know that Nigerian government had to settle some cases out of court with Abacha's family which this particular Maryam was part of them? FG agreed to forfeit some large amount of money to the family in order to get part of it back and avoid wasting time and money in the court. That's how gullible you are

And because Nigerians are fools, they listen to everything,” she said.

She's even calling us fools for believing what we witnessed

omooba969:
Can you reference your claim biko, for the purpose of education.

Tenkz.

Though not the one i am looking for,here are the ones I found

https://www.theguardian.com/world/1999/may/18/chrismcgreal

https://dailypost.ng/2013/06/14/abdusalami-looted-more-than-abacha-obasanjo-is-no-better-full-text-of-tunde-bakares-speech-at-sngs-june-12-commemoration/

Celestialsword:
Kerosene was scarce, Nigerians now resort to the use of (Abacha stove).

It was unavailable and expensive. So were other essential commodities.

There are a couple of people who know what happened to the monies

One was a governor and is now a Federal minister

Another is a bosom friend of 001.

billyG:
𝗚𝗘𝗡𝗘𝗥𝗔𝗟, 𝗡𝗜𝗚𝗘𝗥𝗜𝗔 𝗜𝗦 𝗪𝗢𝗥𝗦𝗘 𝗧𝗛𝗔𝗡 𝗬𝗢𝗨 𝗟𝗘𝗙𝗧 𝗜𝗧.

General Sani Abacha died on this day — June 8, 1998.

The day you left, the West — America, Britain, and their Nigerian agents — rejoiced.
They popped champagne and sold Nigerians a bold lie:
“Abacha is the problem. Remove him, and paradise will follow.”

But 27 years later, the truth is staring us in the face:
Abacha wasn’t the problem — Abacha was the shield.

Under your watch:
A mudu of rice was affordable.
A dorica of rice or beans was N45.
A loaf of bread was N20 — and it could fill you.
Even N5 had meaning and dignity.
Today? N5 is a joke, an insult, a symbol of failure.
Abacha made #22 to a dollar

The naira didn’t collapse — leadership did.
You cut taxes and protected the poor.
They taxed everything that breathes and gave the people nothing.
You said NO to the IMF.
They said YES, and sold Nigeria for cents on the dollar and collected commissions.

Today, insecurity is our daily bread.

Over 7 million Nigerians sleep in IDP camps.

Over 5,000 villages have fallen to terrorists.

Kidnap

I was on the road walking when I saw people jubilating his death. A thought just pop in my mind that these people are celebrating the worst that's coming.
He looked east when the west ostracised Nigeria. Other African leaders took a cue from him after giving China their first major project in Africa. The modern railway project he started has gone through several modifications with huge indebteness to China and still uncompleted 28 years after.

dangermouse:
During Abacha regime, Nigeria was worse off. The economy was bad and brutal. How come Nigerians deviced alternatives to cooking stoves if the economy was good? They even named the stove after Abacha. For those of us here familiar with the charcoal like stove that you have to load up with sawdust instead of charcoal.

Abacha and his cronies looted the country dry. Nobody can change that narative including you madam.

lol i don’t think it was the economy that got us to
Using the abacha stove.. it wasn’t because the economy was bad.. it was shortage of kerosene .. I can say it was purposely orchestrated to make sure that regime never strive and to shrink Nigerians living under military regime but Nigeria devices a mean by using charcoal and sawdust.. believe me it was beyond Nigeria it was beyond abacha

A FEW OF THE DOCUMENTED CASES OF LATE GENERAL ABACHA'S DIRECT STEALING FROM THE CENTRAL BANK OF NIGERIA.
************************
Following General Sani Abacha’s death on June 8, 1998, General Abdulsalami Abubakar assumed power. A month later on July 13, 1998, apparently having seen evidence of monumental looting of the treasury by his late predecessor, then Head of State instituted the Special Investigation Panel to establish “cases of swindled public funds and recover same back to the federal government coffers”.

Within a matter of days, the panel had secured records from the apex back which revealed that between November 1993 when he took over and June 1998 when he died, Abacha had taken from the CBN funds totaling $2,263,520,497(TWO BILLION DOLLARS............) in cash withdrawals, travelers cheques and telegraphic transfers, in the name of “security vote”. However, the job of the panel was made easy by the fact that one of the Abacha family associates, Alhaji Abubakar Bagudu (currently Governor of Kebbi State) was ready to cooperate by returning some of the loot.

On May 26, 1999, just three days before handing over power, General Abubakar promulgated Decree 53 of 1999 on forfeiture of assets by certain persons which listed the monies returned by the Abacha's family.

Abacha’s contempt for accountability commenced less than two weeks after he took power from Chief Ernest Shonekan. In a memo reference NSA/A/320/S/46 dated 30th November 1993, the then National Security Adviser, Alhaji Ismaila Gwarzo, requested for $100 million to combat “an economy that was deflected and distorted through the black market.” In the same memo, Gwarzo also undertook to pay back the naira equivalent into government coffers. Having apparently been briefed by Abacha, the then Central Bank of Nigeria (CBN) Governor, Dr Paul Ogwuma released the money in the following sums: $95 Million and 3.2 million Pounds Sterling, all in cash.

However, the import of that first transaction was that Abacha had realized just how easy it was to directly take money out of the CBN and that became a perfect scam for him. All that was then needed was a letter from Gwarzo seeking approval for any sum of money in the guise of “security” and the CBN would release such demand in cash. So primitive was the whole arrangement that the principal job of some security officials was to be bagging and re-bagging millions of Dollars and Pound Sterling. The following are a few of the documented transactions:

On February 13 and 15, 1995 Gwarzo collected US$200,000 and US$600,000 respectively (totaling $800,000) from the CBN. This was sequel to Abacha’s approval of his letter dated 15th February, 1995 in which he requested for US dollars $4 million and GB£ 2million “to take care of some developments in a number of areas…” The $800,000 was part payment for the approved sum of US $4 million while the balance was paid in Travellers’ Cheques.

On 29th December 1995, Gwarzo collected from the CBN the sum of US $5 million based on Abacha’s approval of his letter to deal with “situation at hand”!

The reasons given in many of the letters seeking approval to take money out of the CBN beggar belief but having “started small”, Abacha apparently became more emboldened with time.

On 23rd August, 1996, Gwarzo collected US $30 million from the CBN following Abacha’s approval of his letter dated 20th August 1996, requesting for the said money to “assist our immediate neighbours and others within this sub-region”.

On 18th December, 1996, Gwarzo collected US $ 66.5 million and GB £20 million following Abacha’s approval of his letter to meet “some requests from Heads of State of some Francophone countries, and to cultivate African solidarity.”

A month later on 30th September, 1996, Gwarzo collected US $50 million and GB £20 million from the CBN sequel to his letter dated 24th September 1996, requesting for the money to “prop some African and other Third World countries” to assist in Nigeria’s “democratization and economic recovery”.

On 28th April, 1997, Gwarzo collected US $60 million GB £30 million sequel to Abacha’s approval of his letter dated 22nd April 1997, in which he requested for the said sums for “public relations to international communities and organizations”.

On 9th July, 1997, Gwarzo collected US $ 5 million from the CBN following Abacha’s approval of his letter dated 23rd May, 1997 to meet all “demands and commitments as directed”.

A month later on 8th December, 1997, Gwarzo collected US $120 million and GB £50 million sequel to Abacha’s approval of his letter dated 26th November 1997. And on 19th January, 1998, Gwarzo collected from the CBN the sums of US $100 million and GB£ 50 million to “counter insinuations that (Lt. General Oladipo) Diya’s coup was not real, and the government framed them to remove and replace the coupists with stooges.” The interesting thing about this particular transaction was that while re-bagging the money, “four cartons containing a total of about US$ 8 million were set aside” in Gwarzo’s own residence, while the balance of US $57 million and GB£ 30 million were delivered to the late Head of State through Mohammed Abacha.

On 25th October, 1997, Gwarzo collected US$ 80 million and GB £40 million “to sponsor military intervention in Sierra Leone, and garner support for same in the West African Sub-region.”

On 30th April, 1998, a few weeks before Abacha died, Gwarzo collected US $ 80 million, GB £50 million and N250 million based on his letter dated 29th April 1998 for the conduct of an enlightenment campaign on the “virtues” of an “Abacha Presidency”.

On 5th July, 1996, Gwarzo collected from the CBN the sum of US $8.1 million and GB £ 5.2 million based on his request dated 14th June 1996, to support five presidential aspirants in the Niger Republic general elections.

On 21st February, 1997, Gwarzo collected from the CBN the sums of US $60 million and £20 million for “pro-Nigeria propangada” abroad.

On 1st April, 1998, Gwarzo collected from the CBN the sums of US $65 million and GB £30 million for “Public Relations at home and abroad, to counter the European Union campaign against the transition programme.”

On the 8th of May, 1996 Gwarzo collected US $3 million and US $9 million respectively from the CBN. Out of this sum, he reportedly sent US $ 7 million (on behalf of Abacha) to then President Matthew Kerekou of Benin Republic as “assistance to the country to pay outstanding workers’ salary” while US $2 million was for Kerekou himself.

On 13th November, 1996, Gwarzo collected US $5 million and GB £3 million from the CBN based on his letter dated 7th November, 1996 “to take care of foreign dignitaries who will attend the burial ceremonies of the first President of Nigeria, Dr. Nnamdi Azikiwe.”

On 10th September, 1997, Gwarzo collected US$ 60 million and GB£ 30million from the CBN “to finance a campaign for a seat on the Security Council of the United Nations Organisation.”

On 9th December, 1996, Gwarzo collected US $5 million from the CBN sequel to Abacha’s approval of his letter dated 21st November, 1996 in which he requested the said sum “to finance the purchase of ten Toyota Land Cruisers, and ten Peugeot 505 saloons for the Republic of Mali”.

If no be say naija na one rubbish country ..madam u and ur kids all above 18 should still be cooling your asses in one confinement far away from humans. ..billions of naira that could have changed the face of the nation and bring tremendous results is been found stacked in your husbands possession when the highest denomination we had was just maybe 200 naira...

You and your family should crawl back to enjoy the left over u stole from the nation ...ole!!!

samfrancis1:
lol i don’t think it was the economy that got us to
Using the abacha stove.. it wasn’t because the economy was bad.. it was shortage of kerosene .. I can say it was purposely orchestrated to make sure that regime never strive and to shrink Nigerians living under military regime but Nigeria devices a mean by using charcoal and sawdust.. believe me it was beyond Nigeria it was beyond abacha

I totally disagree with you.
Kerosine was out of reach of the common man, despite that our refineries were working then.

Essential commodities were out of reach too, like bread, milk etc . Then all types of austerity measures were put in place by his government while he and his cronies siphon Nigerian money.
Our refineries were sabotaged and with our stolen money,he built refineries abroad and was importing the products to Nigeria.

The countries that discovered the loots and repatriated them back knows fully well the source of those monies.

Even his son Mohammed at that time,came out (just as his mother is now coming out to insult our sensibilities), to tell Nigerians that even if the Federal government recovers all the loot,they can never be as poor as Dangote.

Nigerians experienced the gestapo style of government during his regime, with many people killed. You can imagine the celebration and rejoicing that heralded the news of his death nation wide. I leave you to make your deductions on that.

What took her so long to come out and say all this trash, because she believes many Nigerian has amnesia and have forgotten. But alas history is there for anyone who cares to read.

No amount of twisting can change the narative.

Bad as he was he was better than the criminals that came after him. The dollar was at around 80 naira and fuel price was a tiny fraction of what it is today.

God will continue to Bless Marian FOREVER and Ever! Her husband came to save the nation but they lblame him for corruption. Democracy is for thieves. We need foreign rulers to help us because our politician are killers

Pharaoh4rin:
A certain tribe in Nigeria owns the media. They controlled all form of misinformation. They made a certain region pay for a coup and accused another dead man as a looter. Meanwhile they're saints.

Nigeria we hail thee.

There was a tribe.......

dey talk rubbish all the monies france govt returned is what, killing iothers and leaving yours is what abeg Bleep that shit it will continue to be like that

Sangoamadioha1:
Gumsu had her secondary school education at Command Lagos( Ipaja). I no witness her spending dollars o 🫤

You dey mind SW propaganda and lies , this is how they make up lies

Godfullsam:
Your husband looted our resources. When he died, another set of looters came on board and re-looted the looted monies.

That's it.

Your husband didn't keep any money for Nigeria.
Stop lying to us madam.

Abdulsalami Abubakar looted all the money Abacha kept, everyone especially in Niger state knew how he looted billions and kept them inside tanks.

I love Sani Abacha, you might not like my stance but its my personal opinion. May almighty forgive his shortcomings. Rest on Khalifa!

Someone that after death should have been put on trial like what they did to Pope Formosus.
*Pls ask google or AI

This 🤡 must be high on cow dung and pee🤣🤣😅😂😁😄😃😀

Can we talk about how exchange rate never increased for a single day and how bag of rice and beans prices were stabled until his death. In as much as Abacha was bad, the economy was fair. I was attending a private school back then and my father failed to pay my school fees bro. I will still pick him and Yar'adua over any other present and past president

dangermouse:
During Abacha regime, Nigeria was worse off. The economy was bad and brutal. How come Nigerians deviced alternatives to cooking stoves if the economy was good? They even named the stove after Abacha. For those of us here familiar with the charcoal like stove that you have to load up with sawdust instead of charcoal.

Abacha and his cronies looted the country dry. Nobody can change that narative including you madam.

Mention one past or present nigeria leaders that was as discipline as Abacha. Let's start from there.

Twemi:
This people still dey talk for public. Shame no dey catch you?. You husband’s death was celebrated throughout Nigeria, is that a sign of a good leader?

That guy ruined his family name forever....nothing wey una fit say o

The woman said that if anyone has a proof et him come out with the proof.
The truth is that for me (my personal opinion) the man Abacha was one of the leaders Nigeria ever had, tell me what happened in Nigeria during his time that is happening now for example: Human right abuses, killings, looting of treasures etc all of them are happing now under the civilians.

Newsgeek24:
https://news360ng.com/my-husband-didnt-loot-all-the-monies-he-kept-for-nigeria-vanished-maryam-abacha/

This one think say we are in the military era when she can rubbish Nigerians. She go collect wotowoto. Abi her head dey pain am ni☹️