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

Date: 20-06-2018 9:42 am (5 years ago) | Author: kaygee
- at 20-06-2018 09:42 AM (5 years ago)
(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.”


Posted: at 20-06-2018 09:42 AM (5 years ago) | Gistmaniac
- dopygenius at 20-06-2018 12:03 PM (5 years ago)
(m)
Story for the gods!! June 28 is around the corner,let's hear the part 2 of this story.
Posted: at 20-06-2018 12:03 PM (5 years ago) | Gistmaniac
Reply
- SweetDaddy1 at 20-06-2018 01:51 PM (5 years ago)
(m)
Re-looting By Federal Government Of Nigeria For All Propaganda Continues (APC) Programs.
Posted: at 20-06-2018 01:51 PM (5 years ago) | Gistmaniac
Reply
- Sniper101 at 20-06-2018 02:39 PM (5 years ago)
(m)
na so we dey hear Grin
Posted: at 20-06-2018 02:39 PM (5 years ago) | Gistmaniac
Reply
- slimber at 21-06-2018 06:35 AM (5 years ago)
(f)
Carcus all lies God is watching kontinue
Posted: at 21-06-2018 06:35 AM (5 years ago) | Hero
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. Forex: CBN Stops Opay,Palmpay, Kuda& Moniepoint From Onboarding New Customers

  2. Odumeje Disappointed Us - Abroad Based Man Shares What ‘Indaboski’ Did at London Airport

  3. Internet on Fire As Wizkid and Davido Fight Each Other With Words on X(Twitter)

  4. SHOCKING Moment Two Employees Were Caught on CCTV Performing Rituals in The Office

  5. Careful o, I'm Not The One to Be Played With - Tekno Replies Kizz Daniel Over 'Buga' Royalties

  6. War Of Words Lingers On As Oritse Femi Sides With Wizkid After Calling Don Jazzy An Influencer

  7. “I Can Retire Today And You’ll Still Not Be On My Level” – Wizkid Replies Davido

  8. Former UFC Heavyweight Champion, Francis Ngannou Mourns Death of His 18months Old Son

  9. Isreal DMW Drags Wizkid Following Rift With His Boss, Davido

  10. Wizkid Shades Davido’s Signee, Peruzzi, Calls Him 'Pant Washer Songwriter’

  11. Upcoming Singer, Gnewzy, Kidnapped in Delta, His Abductors Demand $200k Ransom

  12. 16 Persons Land In Police Net Over Murder Of Female Police Inspector, Erekere In Rivers

  13. Nigerian Students & Others Faces Unemployment Crisis In Canada

  14. VIDEO: Singer Teni Wades In Wizkid & Other's Beef, Says Nigerian Female Artists Too Boring

  15. PHOTOS: How Teenager Allegedly Kill 2Yr Old Boy, Harvests Organs In Cross River

  16. Tragedy As Young Man Commits Suicide After Issuing Notice To Quit His Apartment Over N60k Rent

  17. Ministry Of Power Is Acting The Script Of IMF & Word Bank Following Electricity Hike- Femi Fala

  18. "You Owe Don Jazzy Big Apology" – Actress, Shan George Tells Wizkid Over Disrespectful Remark

  19. Accept Tariff Hike Or Face Total Blackout - Minister Of Power, Adebayo Adelabu, Tells Nigerians

  20. Troops Arrest Human Trafficker In Lagos As 22Yr Old Victim Escapes After She Overheard Plan


THIS WEEK
  1. Benin Kingdom Suspends Five Functionaries For ‘Unauthorised’ Visit To Ooni Of Ife

  2. Nigerian Tenant Discovers Landlord With Wife & Daughter, Sparks Outrage Online (Video)

  3. Lady Who Worked As A Maid In Saudi Arabia Narrates Her Harrowing Ordeal As Boss Impregnates Her

  4. I Will Reconcile Atiku And Wike If I Emerge PDP National Chairman – Suswam

  5. GWR Holder, Tunde Onakoya's Parents Gifted A House

  6. No More Big 3 In Afrobeat, I'm On Same Level With Wizkid, Davido And Burnaboy - Rema Reveals

  7. Investigation Launched Into Mysterious Death Of VGC Chairman, Gihan Mbelu In Lagos

  8. Drama As Actress, Toyin Abraham Ajeyemi Clashes With Area Boys On Movie Set (Video)

  9. VIDEO: Singer, Davido Becomes First to Own The $500,000 2024 Rolls Royce Spectre

  10. Wunmi Ajiboye Reunites With Estranged Husband, Segun Ogungbe, Days After Dragging Him (Video)


TOP MEMBERS: