Cash transfers and the Abacha loot
The return of what may be the last tranche of the Abacha loot and the decision of the federal government to distribute that loot directly to 302,000 poor households kicked off a bit of furore last week. Some question the legality of the decision based on the argument that the federal government cannot unilaterally appropriate those funds.
How Abacha loot should be spent-ANRP
Abundant Nigeria Renewal Party (ANRP) on Friday advised the Federal Government to invest the Abacha loot on human development such as healthcare and education.
June 12: 12 facts you should know
Nigerian President Muhammadu Buhari recently brought the fresh memories of the June 12 1993 Presidential elections, by conferring on the presumed winner of the election MKO Abiola Nigeria’s highest national honours. He also declared June 12 Democracy Day and a public holiday. But what are other historical actualities of the date in Nigeria politics and…
Petroleum Trust Fraud
It is not known to this column how close Brigadier Sani Abacha was to Major General Muhammadu Buhari by December 1983. It was Abacha who announced at the end of a few minutes of martial music...
‘Federal government warehouses $322 million Abacha loot in safety net’
The Federal Government is warehousing over $322 million of the “Abacha loot” to fund some national social safety nets in line with agreements reached with the Swiss Government on the return of the stolen money.Parts of the safety net are in the areas of education....
Restructuring: Propositions summarised
The aim here is to summarise my current position on the question of geopolitical restructuring of Nigeria. I say “current” because as far as I can remember...
Abacha loot: Much ado for nothing
Nigeria must have had a swell Christmas if the provision of the Memorandum of Understanding (MoU) signed with the Swiss Federal Council and the World Bank...
FG directs Malami to recover $321m Abacha loot from Switzerland
Meanwhile, the FEC has celebrated Tuesday’s ranking of Nigeria moving 24 places up from its last ranking on ease of doing business by the World Bank Doing Business report.