Nigeria ready to receive another money looted by abacha

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 countries.
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 Abuja.
“Nigeria has engaged other countries, including the UK, US, France and others, in further negotiations relating to repatriation.
“ I am happy to report that we are almost concluding the processes relating to the repatriation of additional $500 million,”Malami said.
According to the Nation, Malami said this is in addition to the $322 million released by Switzerkand after negotiations.
“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 million.”
“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 forum”.
FEC presided over by President Muhammadu Buhari, approved N185.2billion for the rehabilitation, repairs and reconstruction of 14 roads across the country.
Late Sani Abacha
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 Enelamah.
He said the road projects were located in Yobe, Adamawa, Benue, Kwara, Ekiti, Lagos, Ogun, Edo, Enugu, Borno, Anambra and Sokoto states.
He listed the road projects to include Gwoza – Damboa – Goniri – Ngamdu Road in Yobe/Borno 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 billion.
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 billion.
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 Mothercat.
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 billion.
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 billion.
He revealed that N4.354billion would be expended on reconstruction of Sabon Birnin – Tsululu – Kuya – Maradi Junction road in Sokoto state.
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 Document

Comments

Post a Comment

Popular posts from this blog

Container falls on Danfo bus at iyana iba

Image
Lagos State is really battling for its life in terms of trucks and containers in the state. Last week, it was reported that a 20ft container fell on some cars at Apapa where they cause serious damages to both the cars and the owners. Just this week, another container has fallen on a Danfo Bus at Iyana Iba. Though it was reported that no casualties as the bus was empty when the incident occurred. Men of the LASTMA were already on the ground to control traffic and to ensure a smooth flow for drivers. Even though there was a presidential order to get rid of these trucks off the road, the order has been effective save for some parts in Apapa and Tincan Port where they are yet to fully comply. These are images from the scene;
Read more

PDP and APC exchange word over saraki

Image
Senate President: no juicy offers We’ll leave APC, says Baraje The Peoples Democratic Party (PDP) got yesterday a reply to its threat to boycott next year’s elections. You are being hunted by your past, All Progressives Congress (APC) National Chairman Adams Oshiomhole told the main opposition party. The PDP fired back, saying APC was jittery over coalition between PDP and 38 others. Senate President Bukola Saraki and House Speaker Yakubu Dogara and others are believed to be on their way to the PDP, but the APC is urging them to stay. Also yesterday, Reformed APC chief Kawu Baraje said the group had decided to leave APC. Oshiomhole said the PDP was being haunted by its past treatment of electoral contests as a do-or-die affair, adding that the APC will not be intimidated by any threat of the PDP or any other party as it was committed to the sustenance of democracy and the sanctity of one man, one vote. The APC Chairman, who spoke when he received the report of the O...
Read more

South Africa 1-0 Namibia: 1st Afcon goal gives South Africa victory at crucial moment

Image
The Bafana Bafana of South Africa secured a crucial victory over the Brave Warriors of Namibia in their group D clash in the ongoing Africa Cup of Nations (AFCON) in Egypt. SuperSport  ✔ @SuperSportTV ZUNGU #BafanaBafana have broken the deadlock against Namibia at last as Bongani Zungu heads home the opener! #TotalAFCON2019 258 10:28 PM - Jun 28, 2019 78 people are talking about this Twitter Ads info and privacy Stuart Baxter’s men put themselves in a great position to make it to the knockout stages of the AFCON following a second-half strike from Bongani Zungi. The goal was South Africa’s first goal at the AFCON finals since Mandla Masongo’s goal against Ghana at the 2015 tournament. Bafana Bafana went into the game following a narrow defeat to Cote d’Iviore in their opening fixture. The game started out with a slow tempo with both sides employing a cautious approach to the game following their poor results from the first game. Sout...
Read more