It was confirmed via Minister of Finance
Ngozi Okonjo-Iweala in a statement by her
special adviser Paul Nwabuikwu yesterday
Thursday 19 June 2014 that the Federal
Government would receive the sum of $227
million or €167 million from the Government
of the Principality of Liechtenstein as part of
the looted funds recovered from the family of
the late Head of States, Gen. Sanni Abacha.
The amount which is N35.2 billion is to be
recieved by the Federal Government on June
25th.
The statement reads that President Jonathan
would set up an inter-ministerial committee
to ensure the proper utilisation of the funds.
The committee would be given the
responsibility of choosing the favourable
projects and programmes to invest the fund.
Jonathan has also directed that part of the
funds be saved in the Future Generations
Funds to help secure the economic future of
both Nigerian youths and unborn Nigerians
The World Bank will also help in monitoring
the utilisation of the funds in specific
projects.
*Chei.....only God knows how much this man
stashed away oooooh but will bringing back
the monies improve Nigerias economic
situation or help someones private bank
account get fatter?
nice blog welldone, its been said what a man can do a woman can do it better
ReplyDeleteThank you linz.
ReplyDelete