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”.
Nigeria’s first indigenous female neurosurgeon appointed medical director of US hospital Nigeria’s first indigenous female…
ICPC recommends prosecution of alleged fake PFIPC boss after Tinubu-ordered investigation The Independent Corrupt Practices…
Why Osimhen Turned Down Galatasaray's Iconic No. 9 Jersey Super Eagles striker Victor Osimhen has…
Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment Young men in Nigeria's…
FG Orders Polytechnics to Scrap Non-Technical Courses, Restricts BTech Degrees The Federal Government has directed…
Osun Account Freeze: EFCC Insists It Has 72-Hour Power Without Court Order The Economic and…