Wednesday, 13 May 2020

STATE HOUSE PRESS RELEASE: THREE OF FIVE FG PRIORITY PROJECTS TO DRAW FROM ABACHA LOOT

STATE HOUSE PRESS RELEASE

THREE OF FIVE FG PRIORITY PROJECTS TO DRAW FROM ABACHA LOOT
 
The recently repatriated Sani Abacha loot will go towards three of @NigeriaGov’s five priority projects, excluding the Mambilla power and East-West road projects.

In an earlier statement, I had mistakenly noted that the Mambilla Project was one of five priority projects to benefit from the $311 million Abacha loot under the Presidential Infrastructure Development Fund (PIDF) managed by @nsia_nigeria. That error is regretted. 

According to the document, only the second Niger bridge, Abuja-Kaduna-Kano expressway, and Lagos-Ibadan expressway will benefit from the repatriated funds. The funds are domiciled in the NSIA.

All print and online media should please take note of this correction and make the necessary adjustments to their previous publications on the issue. 

Thank you. 

Garba Sheu
SSA, Media & Publicity