Abacha loot
The Federal Government has disbursed the entire $322.5 million Abacha loot of 2017 to 1.9 million poor and vulnerable Nigerians.
Before making the disbursement, the money accrued an interest of $11 million where it was deposited.
Mr. David Ugolor, Executive Director of ANEEJ, an independent monitor providing independent report on the use of the funds, made this disclosure in Abuja yesterday.
Mr. Ugolor told reporters that “the Abacha loot is exhausted. An interest of $11 million was accrued in the money where it was saved and it was disbursed to around 1.9 million poor Nigerians”.
Tinubu Commissions Gateway Airport, Pledges to Crush Banditry in Nigeria President Bola Tinubu has pledged…
Gov Yusuf Pledges Full Support for Tinubu, Declares APC Unbeatable in Kano Kano State Governor…
La Liga: Barcelona Fight Back to Beat Atletico Madrid 2–1 Barcelona continued their dominant run…
Military Arrests Two Suspects, Recovers Weapons After Jos Crisis The Nigerian Military has arrested two…
Trump Confirms Rescue of Second F‑15E Crew Member From Deep Inside Iran U.S. forces have…
Southampton Shocks Arsenal to Advance in FA Cup Southampton produced a sensational and inspiring performance…