How FG spent $322m recovered from Abacha family —Garba Shehu | Nairalaw

The Senior Special Assistant to the President on Media and
Publicity, Garba Shehu, has explained how the $322m recovered from
late Gen. Sani Abacha’s family is being utilised by the Muhammadu
Buhari administration.

Shehu, in a statement obtained by the News Agency of Nigeria in
Abuja on Wednesday, said the money was used to make the Conditional
Cash Transfer of a monthly amount of N5,000 to more than 300,000
poor homes across the nation under the Social Investment Programme
introduced by the Federal Government.

He added that the spending was in line with the Memorandum of
Understanding signed between the governments of Nigeria and
Switzerland as a condition for releasing the funds.

According to Shehu, as part of the MoU, the World Bank is
monitoring the application of the funds, noting that the Bank has
also given an additional facility to support the on-going cash
transfers.

(NAN)