See What Buhari Want To Do With The $308 Milion Abacha Loot, Nigerians Reacts

The Managing Director/Chief Executive Officer of Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji, revealed that the Abacha loot will be used to executed three major projects.

He told ARISE News Channel,  that “the $308 million that was announced is to be channelled to the Lagos-Ibadan Expressway, the Abuja- Kano highway and the Second Niger Bridge.”

The United States of America called on the federal government to be prepared to receive the repatriation of $308 million of Late Abacha Loot and expend it on public projects.

Furthermore, the Attorney-General General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN) reconfirmed that he had signed a tripartite agreement on behalf of the federal government with the US and the Island of Jersey in February to repatriate the funds month.

He said the money when received would be used to execute three major projects namely the Lagos-Ibadan Expressway, the Abuja-Kano Expressway and the Second Niger Bridge.