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Abacha Stolen $76.5M To Raise Poor Nigerians Has Been Spent – FG Reveals

Posted By:  on  October 22, 2019




JUST IN: Abacha Stolen $76.5M To Raise Poor Nigerians Has Been Spent – FG Reveals

The Special Adviser to the President on Social Investments, Mrs Maryam Uwais on Monday unveiled that $76,538,530 has so far been dispensed from the Abacha plunder from the August/September 2018 to the September/October installment cycle. She included that the figure was notwithstanding $27,099,028 from the International Development Association/World Bank credit spent on lightening the predicament of poor and powerless Nigerians.

The presidential helper said that the Federal Government, through the National Social Investment Office NSIO, had been dispensing the assets to recipients of the National Cash Transfer Program (a segment of the National Social Investment Program N-SIP). She added that the motion was to emphatically changing the fortunes of numerous Nigerians who wound up underneath the neediness line, in light of the information grouped in the networks and facilitated on the National Social Register (containing every one of the State Social Registers). .

She said the choice to convey the Abacha plunder and IDA assets to poor and defenseless natives, who were mined from a National Social Register (NSR), gathered by the National Social Safety Net Coordinating Office (NASSCO), was come to by the Swiss Government, the World Bank and the Federal Government of Nigeria, to guarantee that the assets were all around used and not occupied to private pockets, similar to the case before.

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