FG disburses $103.64m Abacha loot to the poor
The Special Adviser to the President on Social Investments, Mrs Maryam Uwais, has said that the Federal Government has been channelling the recovered Abacha loot and the International Development Association /World Bank credit towards programmes and policies designed to address the plight of poor and vulnerable Nigerians.
Delivering an address on Monday at the training on illicit funds, the Presidential aide said from the August 2018 to the October payment cycle, the total amount disbursed from the Abacha loot was $76,538,530 and $27,099,028 from the IDA credit.
Uwais, who said the funds, which were specifically being disbursed to beneficiaries of the National Cash Transfer Programme, a component of the National Social Investment Programme, noted that the gesture was positively changing the fortune of many Nigerians