Federal Govt Of Nigeria Set To Disburse $322m Abacha Loot Directly To Poor Nigerians

at 09:42 AM, 20/06/2018 (3 weeks ago)
(2110 | Gistmaniac) (m)

The President Muhammadu Buhari-led administration is hoping to pay the next batch of Abacha loot directly into the accounts of poor Nigerians.
The Federal Government is making final preparation to disburse $322 million fund repatriated from the accounts of former Head of State, late General Sani Abacha in Switzerland to Nigerians.
 The National Coordinator of the Open Government Partnership (OGP), Nigeria and Special Assistant to the President on Justice Reforms, Juliet Ibekaku-Nwagwu disclosed this recently in an interactive session with newsmen.
 Ibekeaku-Nwagwu said under MoU with Switzerland the funds would be paid directly into the accounts of the poorest Nigerians through their various accounts for two years and identification numbers to be made available on the website being developed by the National Social Investment office and the World Bank.
 She solicited the patience of Nigerians, explaining that the agencies working on the modalities would brief the public on June 28, adding that the process for the payment will be transparent for civil society and the media to monitor.
 She said despite oppositions against the MoU from within and outside government, the Attorney General of the Federation (AGF), Abubakar Malami (SAN) and his team have pursued President Muhammadu Buhari’s agenda of ensuring that the $322m was returned for deployment in the social safety nets project, which would make targeted transfers to the poor and vulnerable households.
 “The poorest members of the community will be registered online, and before you make any payment, they must have an ID number so that every payment would be tracked. No amount will be paid out without a joint signature between Nigeria and the World Bank and without identification of individuals,” she said.
 Ibekeaku-Nwagwu said President Buhari’s commitment to the Open Government Partnership during the London Summit in 2016 has enhanced transparency and accountability in government budgeting and contracting, adding that “If there is anything we have achieved its about getting Nigerian citizens to become conscious about what is happening with their money.”
dopygenius at 12:03 PM, 20/06/2018 (3 weeks ago)
(320 | Upcoming) (m)
Story for the gods!! June 28 is around the corner,let's hear the part 2 of this story.
Reply
SweetDaddy1 at 01:51 PM, 20/06/2018 (3 weeks ago)
(1972 | Gistmaniac) (m)
Re-looting By Federal Government Of Nigeria For All Propaganda Continues (APC) Programs.
Reply
Sniper101 at 02:39 PM, 20/06/2018 (3 weeks ago)
(2049 | Gistmaniac) (m)
na so we dey hear Grin
Reply
slimber at 06:35 AM, 21/06/2018 (3 weeks ago)
(9763 | Hero) (f)
Carcus all lies God is watching kontinue
Reply

LATEST COMMENTS

  1. Upbendel on: Super Eagles Player, Shehu Abdullahi Beats Up Wife For Not Receiving Her Call In His Presence
    [quote author=kacylee link=topic=362242.msg5473207#msg5473207 date=1531728551]to hit a woman is so v... 1 hr ago ago
  2. OmosetanOmorele on: Actress Adunni Ade UNDER FIRE For Posing In Her Underwear (PHOTOS)
    [quote author=Mykie010 link=topic=362335.msg5473409#msg5473409 date=1531776830]its like u have been ... 1 hr ago ago
  3. Upbendel on: Nigerian Lady Who Reportedly Snatched Her Best Friend's Husband Dies Mysteriously (Photos)
    The Guided squad missiles !... 1 hr ago ago
  4. Upbendel on: Stop Glorifying Single Mums, They Only Give Birth To Criminals - Lady Sparks Serious Debate Onli
    Thank God we still have  Real African woman in the house God bless you! ... 1 hr ago ago
  5. Abogado on: Viral Video Of 2 Ladies Strip Naked For Stealing At A Boutique In Okere Market, Warri (+18 Video
    TOO BAD,GUYS WHY?... 3 hrs ago ago