FG to share N115bn Abacha loot among poor Nigerians
The Federal Government has said it will commence disbursement of the recovered Abacha loot to poor Nigerian households in July.
A $322 million (about N115 billion) loot recovered from the former military Head of State’s Swiss account would be shared among 302,000 poor households in 19 states, the National Cash Transfer Office (NTCO) said Thursday.
The states are: Niger, Kogi, Ekiti, Osun, Oyo, Kwara, Cross River, Bauchi, Gombe, Jigawa, Benue, Taraba, Adamawa, Kano, Katsina, Kaduna, Plateau, Nasarawa, Anambra and Internally Displaced Camps (IDPs) in Borno.
A member of the NTCO, Tukur Rumar, said during a round-table event on assets recovery organised by the Swiss Embassy in Abuja, that the benefiting households will receive N5,000 monthly and are derived from the National Social Register (NSR) that the 19 states are already on.
He said the programme was designed to also train beneficiaries on livelihood skills, social skills and other programmes that would change their lives completely.
Mr Rumar, however, said NCTO had been making payments to the 46,000 poor and vulnerable households across the 19 states since December 2016, adding that the number had increased to 290,000.
