ANEEJ cautions against spending Abacha’s $322.5m loot on elections
A Non-Governmental Organisation, Africa Network for Environment and Economic Justice (ANEEJ), has cautioned the Federal Government against using the recovered $322.5 million Abacha’s loot to fund the 2019 elections.
Executive Director of ANEEj, Rev. David Ugolor, represented by his deputy, Leo Atakpu, made the call yesterday in Benin City, at the 2018 International Human Rights Day with the theme, “Stand up for Human Rights.”
He advised that the funds should be used to implement the country’s social investment programmes in the interest of the people.
Ugolor said the social investment programme funds should be protected and deployed fully to the targeted vulnerable citizens and groups.
He explained that corruption affects human rights, as well as the capacity of public institutions to fulfill their duty of respecting and protecting its citizens.
He expressed concerns at the country’s debt profile, which stood at about $22.083 billion in June, with 26 per cent of the annual budget spent on debt servicing.