$311 Million Abacha Loot Will Be Used For Vital And Decades-Overdue Infrastructure Development— Presidency

By Daniel Dafe

The Senior Special Assistant, Media and Publicity to President Muhammadu Buhari, Garba Shehu, has said that the $311 million US Dollars stolen funds by Abacha regime returned by the United States of America will be used to tackle “vital and decades-overdue infrastructure development.

In a statement posted on his Twitter handle @GarShehu on the return of the Abacha stolen millions from the United States and Jersey on Monday, May 4, 2020, he said that the “funds have already been allocated, and will be used in full, for vital and decades-overdue infrastructure development.”

According to him, the said money will be directed in completing the second Niger Bridge, the Lagos-Ibadan and Abuja-Kaduna-Kano expressways, adding “that this will create tens of thousands of Nigerian construction jobs and local skills.”

He added: “Part of the funds will also be invested in the Mambilla Power Project which, when completed, will provide electricity to some three million homes – over ten million citizens – in our country.

“The receipt of these stolen monies – and the hundreds of millions more that have already been returned from the United Kingdom and Switzerland – are an opportunity for the development of our nation, made far harder for those decades the country was robbed of these funds.

“Indeed, previous monies returned last year from Switzerland – some $320 million US dollars – are already being used for the government’s free school feeding scheme, a stipend for millions of disadvantaged citizens, and grain grants for those in severe food hardship.”

He noted: “Without these funds, the fight against Covid-19 would be even tougher.”

He continued: “The latest return is a testament to the growing and deepening relationship between the government of Nigeria and the government of the United States. For years many countries deemed successive Nigerian administrations as too corrupt, too venal and too likely to squander and re-steal the stolen monies – so they did not return the funds.

“Today, US, UK and other jurisdictions have found the partnership with the nation of Nigeria they can finally trust.”

Shehu said that “the Buhari Administration is committed to – and is enacting – total and zero tolerance to corruption in politics and public administration.”

“The days when government was seen and used by the political class as their personal ATM to empty are over. The time of better governance and clean hands in the affairs of state is here to stay,” he opined.