Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG (24720 Views)
| Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by nwakibie3(op): 9:13am On Oct 22, 2019 |
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/ 1 Like
|
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by channelads: 9:13am On Oct 22, 2019 |
I'm tired of Nigerian Government Take your business to the next level with social media Promotions. Check my siggy for contact 85 Likes 1 Share |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by majamajic(m): 9:19am On Oct 22, 2019 |
u recovered the looted money only to loot it again 236 Likes 11 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by fergie001(mod): 9:20am On Oct 22, 2019 |
Poor people oya come oooo.... #31.8bn...only una.....hian 93 Likes 4 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by habsydiamond(m): 9:21am On Oct 22, 2019 |
This government are not f.cking serious at all.. they claim they spent 31.8billion on the poor and yet Nigeria is one of the poorest countries in the world... What's wrong with this country for God's sake. EFCC that supposed to catch these people dey chase yahoo boys when the big fish dem dey there dey pack money like never before. God save us all. 180 Likes 8 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by Oluwasaeon(m): 9:21am On Oct 22, 2019 |
Which poor ? 36 Likes 3 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by Kwamecron(m): 9:28am On Oct 22, 2019 |
Spent to make dem more poorer... 35 Likes 3 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by orunto27: 9:33am On Oct 22, 2019 |
No. The money has been wasted on Almajiris and on the citizens of Greater Daura Emirate in Niger Republic. Let us know who and who received what amount and in which States. 71 Likes 7 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by sweetonugbu: 9:59am On Oct 22, 2019 |
Crooks 35 Likes 1 Share
|
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by unohbethel(m): 10:02am On Oct 22, 2019 |
but y didnt u guys use it to fund the budget  ...I smell lies 19 Likes 1 Share |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by realestniggah: 2:16pm On Oct 22, 2019 |
DJ, abeg play me Audio Money (remix) - Rudeboi ft Buhari. 82 Likes 3 Shares
|
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by Nobody: 2:16pm On Oct 22, 2019 |
when did they start sharing money and no one told me... errm! oga FG I Neva get my own percentage ooo 58 Likes 2 Shares
|
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by Opinedecandid(m): 2:17pm On Oct 22, 2019 |
Ha 2 Likes 2 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by Jaqenhghar: 2:17pm On Oct 22, 2019 |
35 Likes 2 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by u11ae1013: 2:17pm On Oct 22, 2019 |
Osubade and the ya'ribas cannot can 18 Likes 3 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by echobazz: 2:17pm On Oct 22, 2019 |
Story story..... money that has been re-looted, that's just an excuse for a cover up. 21 Likes 2 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by martowskin1(m): 2:17pm On Oct 22, 2019 |
  Mad people, only fools can take this people serious 33 Likes 4 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by Rikze: 2:17pm On Oct 22, 2019 |
I agree with them, they spent it on the poor to make the poor poorer... They used the money to build the World Headquarters of the poor... They want to use some to sponsor the poor in the upcoming Kogi Guber... Who is ashamed of this country of late? Well, shame no dey catch mad man na Im family members dey shame for am... 28 Likes 2 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by eddyslim(m): 2:17pm On Oct 22, 2019 |
These people are insane 13 Likes 1 Share |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by glowingflame7: 2:17pm On Oct 22, 2019 |
Folly if I may say. Who are the poor? 620,947people, this is a mirage. We have millions living below konko below line. You're tempted to wonder if Abacha looting it is of more advantage and patriotism than this vanishing spending. 8 Likes |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by fergie001(mod): 2:18pm On Oct 22, 2019 |
Poor people, oya come out....let's verify 6 Likes |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by Oyikoha(m): 2:18pm On Oct 22, 2019 |
Which poor |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by four4: 2:18pm On Oct 22, 2019 |
God of haeven! Indirectly they are telling us that the money don enter voice mail be that ooooo  11 Likes |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by blackboy2star(m): 2:18pm On Oct 22, 2019 |
Wasted fund... 10,000 for the poor right? and the same poor people you're charging 5k for National identification card renewal... Same Abacha Mr Integrity said never eat out of the baked national cake, brain-dead government... Next Level jor 19 Likes 1 Share |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by brownskilo(m): 2:18pm On Oct 22, 2019 |
Who do us like this 4 Likes 1 Share |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by YBNDave1000(m): 2:18pm On Oct 22, 2019 |
Yes I swear it’s true I can testify to this,I just received alert now!!!!!! 5 Likes |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by ArmaniUhuru: 2:18pm On Oct 22, 2019 |
Buhari is the biggest fraudster ever. 23 Likes 3 Shares |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by nauto5: 2:18pm On Oct 22, 2019 |
| |
| Re: Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG by sapientia(m): 2:18pm On Oct 22, 2019 |
The presidency are known serial liars. They lie about virtually everything. Is it about how our rice sufficiency crippled Thailand? Or how Book Haram have been defeated? Is it the lie that they are fighting corruption? Or the lie that they don't know telecoms and banks wants to charge us for USSD when they themselves have set the pace to tax them to hell? Or the lie that Buhari has school certificate? Or the the lie that 2019 election was not rigged? Its just numerous to count. These guys are liars back to back. 29 Likes 3 Shares |
Nigerians Have No Business Being Poor, Says Obasanjo • Breakdown Of $3.65 Billion Abacha's Recovered Loot And Their Sources • VAT Designed To Support The Poor, Says Babatunde Fowler • 2 • 3 • 4
Presidency: Jonathan Still In The Race, Puts APC Screening On Hold - Vanguard • APC Disqualifies Wole Oke From Reps Primary After 24 Years As Federal Lawmaker • FG Declares Dec 25, 26, Jan 1 As Public Holidays