FG Disburses $$76.5m Abacha Loot To The Poor

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 Sani Abacha

Sani Abacha

The Special Adviser to the President on Social Investments, Mrs
Maryam Uwais on Monday disclosed that $76,538,530 has so far been
disbursed from the Abacha loot from the August/September 2018 to the
September/October payment cycle. .

She added that the figure was in addition to $27,099,028 from the
International Development Association/World Bank credit spent on
alleviating the plight of poor and vulnerable Nigerians.

The presidential aide said that the Federal Government, through the
National Social Investment Office NSIO, had been disbursing the funds to
beneficiaries of the National Cash Transfer Programme (a component of
the National Social Investment Programme N-SIP).

She added that the gesture was to positively changing the fortunes of
many Nigerians who found themselves below the poverty line, based on
the data collated in the communities and hosted on the National Social
Register (comprising each of the State Social Registers). .

She said the decision to distribute the Abacha loot and IDA funds to
poor and vulnerable citizens, who were mined from a National Social
Register (NSR), collated by the National Social Safety Net Coordinating
Office (NASSCO), was reached by the Swiss Government, the World Bank and
the Federal Government of Nigeria, to ensure that the funds were well
utilised and not diverted to private pockets, as was the case in the
past.

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