Nigeria guns for another $500m Abachas loots
News & Trends •
he said the road projects were located in yobe adamawa benue kwara ekiti lagos ogun edo enugu borno anambra and sokoto states1 in addition to the 322 million recovered from switzerland nigeria will soon repatriate another 500 million which late sani abacha looted and locked up in other countries1 nigeria has engaged other countries including the uk us france and others in further negotiations relating to repatriation1 i am happy to report that we are almost concluding the processes relating to the repatriation of additional 500 millionmalami said1 according to the malami said this is in addition to the 322 million released by switzerkand after negotiations1 you will recall that in december 2017 the federal government participated in a global forum on asset recovery in washington dc during which nigeria and switzerland signed an agreement that paved the way for the repatriation of 322 million1 what transpired was only reported back to the council today. the report today was not only about the signing of the agreement but the report of the eventual repatriation of the amount of money that was signed and agreed to be repatriated during the forum1 fec presided over by president muhammadu buhari approved n185.2billion for the rehabilitation repairs and reconstruction of 14 roads across the country1 the special adviser to the president on media and publicity mr femi adesina also said alongside ministers of health prof. isaac adewole and his industry trade and investment counterpart mr okechukwu enelamah1 the monies are expected to be repatriated from the uk us france and other countries minister of justice and attorney general of the federation mr. abubakar malami said on wednesday after the federal executive council meeting in abuja1 he listed the road projects to include gwoza damboa goniri ngamdu road in yobeborno states at the cost of n34.608 billion mayo belwa jada ganye torngo road in adamawa at the rate of n22.699billion and ado ifaki otun kwara state border in ekiti state at the rate of n6 billion1 he said that makurdi bridge in benue would be repaired at the cost of n4.617 billion ihugi korinya -wuse -ankor in benue at n15.641 billion and gbagi apa owode in badagry lagos state at n4.366 billion1 others are the construction of ijebu igbo ita egba owonowen in ogun and oyo states which would cost n9.833 billion while n7.506billion would be spent on dualisation of jattu fugar agenebode in edo phase ii by mothercat1 he said the makurdi gboko wannune yander section 1 in benue would be reconstructed at the cost of n18.669 billion old enugu port harcourt road at agbogugu abia border spur would cost n13.933 billion1 adesina said that n6.249billion would be spent on rehabilitation of umulungbe umoka road amokwu ikedimkpe egede opeyi awhum road in enugu state at n21.729 billion and rehabilitation of nkwu inyi akpugoeze in anambra at n2.595 billion1 he revealed that n4.354billion would be expended on reconstruction of sabon birnin tsululu kuya maradi junction road in sokoto state1 the minister of health prof. adewole on h is part disclosed that the council approved the draft on food safety and quality bill as well as the food safety institutional reform working document1 source with additional agency1