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

at 09:42 AM, 20/06/2018 (8 months ago)
(3457 | 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.”

Published at: 09:42 AM, 20/06/2018 (8 months ago)
Author: kaygee
Problem with this article? Please email reporter[at]naijapals[dot]com or visit our contact page


dopygenius at 12:03 PM, 20/06/2018 (8 months ago)
(1011 | Gistmaniac) (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 (8 months ago)
(2169 | Gistmaniac) (m)
Re-looting By Federal Government Of Nigeria For All Propaganda Continues (APC) Programs.
Reply
Sniper101 at 02:39 PM, 20/06/2018 (8 months ago)
(2099 | Gistmaniac) (m)
na so we dey hear Grin
Reply
slimber at 06:35 AM, 21/06/2018 (8 months ago)
(12068 | Hero) (f)
Carcus all lies God is watching kontinue
Reply

LATEST COMMENTS

  1. awobaba1963 on: Saraki Delivers Polling Unit For Atiku
    you are bloody liar. how much were you paid... 3 hrs ago
  2. ikpotokin on: 90% of People on Social Media Live Fake Lives – Yvonne Nelson
    including you. the fake white has dumped you, right?... 3 hrs ago
  3. Asterimou on: Twitter Are Debating On Why Yorubas are Attacking Igbo Voters In Lagos?
    The SE can't survive even when you give them their country. Their people are dog eat dog. Igbos... 5 hrs ago
  4. janyozusa on: #NigeriaDecides2019! Scary Moment Corps Members, INEC Staff Hid In A Bush After Thug Invasion
    I am so sad to see my people killing them self because of the old fool's who will never remembe... 6 hrs ago
  5. janyozusa on: #NigeriaDecides2019! PDP Wins By Wide Margin In Peter Obi's Polling Unit In Anambra
    I am so sad to see my people killing them self because of the old fool's who will never remembe... 6 hrs ago