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Govt to Share Abacha's Loot with Poor Nigerians

The government has announced plan to disburse U.S$322 million recovered from former head of state Sani Abacha in Switzerland to Nigerians. The Swiss government claims that there is no more Abacha loot left in their country.

Nigeria: Abacha Loot - Govt Begins Cash Transfer to Poor Homes in July

Premium Times, 28 June 2018

The federal government says it will commence disbursement of the recovered $322 million Abacha loot through Conditional Cash Transfers (CCT) to 302,000 poor households in 19 states… Read more »

Vanguard

Abacha's loot.

Nigeria: No More Abacha's Loot in Our Country, Says Swiss Govt

Vanguard, 28 June 2018

With the successful repatriation to Nigeria of over $1 billion stashed away by late Nigerian head of state in Switzerland, there is no more Abacha loot left in that country. Read more »
Nigeria: Abacha Loot in Switzerland Fully Repatriated, Says Envoy

This Day, 28 June 2018

The Swiss Ambassador to Nigeria, Eric Mayoraz, has said that with the repatriation to Nigeria of over $1 billion stashed by late Head of State, General Sani Abacha, in Switzerland,… Read more »
Nigeria: It's Impossible to Re-Loot Recovered Looted Funds - Govt

Premium Times, 27 June 2018

The federal government says it is now impossible for recovered looted funds to be re-looted, as mechanisms have been put in place to prevent it. Read more »
Nigeria: Govt to Disburse U.S.$322 Million Abacha Loot to Nigerians

Daily Trust, 20 June 2018

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… Read more »
Nigeria: Abacha Loot - Minister Confirms Receipt of $370M From Swiss Govt

Vanguard, 19 June 2018

The Federal Government, yesterday, met with top officials of the United Kingdom, United States of America and Jersey to work out the final modalities for drawing down $500 million… Read more »