Rather, he said, the money is being deployed in the financing of Federal Government’s social investment programmes comprising four components
He described as “mischievous” the insinuations that the government would share to the poor the Abacha loot repatriated by the Swiss Government.
“When the first tranche of Abacha loot was paid under former President Goodluck Jonathan, the Swiss Government found out that the money was re-looted by those in the administration.
“So, when they wanted to release the next tranche, they put the condition that it must be used for the most vulnerable Nigerians.
We said there is no problem. It is the money we are using to finance our social investment programmes comprising four components,” the minister said.
Mohammed further said that 8.5 million pupils in government schools across the country are currently being fed under the Home Grown Feeding Programme.
Similarly, he said, over 400,000 families are being paid stipends of N5,000 every month under the Conditional Cash Transfer Programme.
“The beauty of this programme is that it is being done in collaboration with the World Bank.
“It is the World Bank and various agencies that determine the beneficiaries and who are the most vulnerable Nigerians.’’
Mohammed said that part of the money was being used to finance the employment of young graduates through the N-POWER programme.
He said that no fewer than 200,000 people had been employed in the first batch and another 200,000 would be resuming very soon.
“The fourth is the Government Enterprise Empowerment Programme whereby market women, craft people etc., are given loan between N50,000 and N100,000
“So, when we say this money is being used for the poor people, it is not as if we are sharing it to poor people in the states,’’ he said.
Mohammed said the Buhari administration would remain accountable and committed to the welfare of the common people.
*This is what the Abacha loot is being used for?OMG these people have re-looted the money!!....Five thousand naira a month is what? 2$?Jesus!
Who did we offend as a country? I have always doubt the redeemability of Nigeria, and with things like this I give up hope for the Nigeria of our dreams.
ReplyDeletePolitricksters are sharing the loot for erections.
DeleteThis was the reason I was against them returning the funds. We have in our " we know our rights nature" gone and collected the money.
DeleteWicked Politicians...
Tueh Buhari & Goodluck Jonathan
Chai! We are in for it
ReplyDeleteThis true, my mum came back with an access bank account opening form given to them in a women forum for collection of abacha loot which will start next week. 10k for 5 months and 5k for 3 months. I knew that loot was definitely going to be misappropriated. No poor person will receive a kobo from it. Bad leaders.
ReplyDeleteSdk ,why are you surprised? We that can see through APC gimmicks are not ooh. I only pity the people that believe the brainless thief is fighting corruption why he is busy laundering money all over the world Thank God there time is over.
ReplyDeleteHmmmmm....Democracy, an irony in my lovely country...i weep in addy for our politicians.what a pity...SMH
ReplyDeleteⓂc pinky
Some one said that the kind of loot going on now ehhh,that Abacha's own was a learner then.
ReplyDeleteThat is what they promised lazy Nigerian youth who have nothing doing for 5k.
ReplyDeleteNa dem sabi. What I know is that we will all give account to God on Judgement Day
Stella wallahi our aboki gateman who is a complete illiterate receives 5 k every month. He told me about a month ago. That's its a coded something.
ReplyDeleteYou see.. Tomorrow now they will open their dirty mouth and say we are one Nigeria .
DeleteGod will judge this buhari lead government,what about the niger delta states?
ReplyDeleteWelcome to Nigeria, yeye country!!!!
ReplyDeleteI wish Nigerians can be re-colonized, I swear it will be better than what we have now.
ReplyDeleteUna never see anything o, when some of us were campaigning against this man, so many persons supported him . Stella u supported him then o,
ReplyDeleteThere's no difference between his military tenure and what he's doing now, though I wasn't born then but thanks to historic records and stories from my parents. I was able to envisage what it's gonna be like having him as a president. Y'all called Jonathan weakling abi? Oya make una see una strong bubu na😆😆😆.
One of my aunt(APC person) cut off my allowance because of this yeye looter, she said I was too small to be talking about politics but now she's apologising and calling me a prophetess. But I nor send her again😀😀😀 I'm so happy im having the last laugh. Make I borrow D'royalty laff..."ikwakwakwakwakwakwakwa"
By the way,y'all should forget about removing him come 2019 because he's ready to DO ANYTHING possible to retain power . Only God can remove buhari just like he removed Abacha..make I go my drink local cornflakes(garri) jor😆😆😆😆
ReplyDeleteAll these are strategies to re-loot the loot. The same Abacha that Buhari said did not steal Nigeria money some years back, he is now recovering his loot to be re-looted by him and his cabal....We have a God who gat our back. If Buhari refuses to go 2019 God will surely deliver us as usual...
ReplyDelete