Presidency: $311m Abacha loot already allocated

The Presidency says the $ 311 m stolen during the Abacha regime and returned to Nigeria from the United States and the Bailiwick of Jersey , on Monday , May 4 , 2020 , has already been allocated .

This was contained in a statement released on Tuesday by Garba Shehu , spokesperson to the President , Major General Muhammadu Buhari (retd . ).

Shehu said the repatriated funds would be used in full , for “ vital and decades- overdue infrastructure development” including the second Niger Bridge , the Lagos- Ibadan and Abuja – Kaduna – Kano expressways as well as the Mambilla Power Project .

He said the receipt of the stolen monies is an opportunity for the development of the nation.

The Pace News
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