Thursday , May 14 2020
Malam Garba Shehu

Mambilla Power, East-West road projects won’t benefit from Abacha loot – Presidency

Abuja – Presidency says the recently repatriated Sani Abacha loot will go towards three of the Federal Government’s five priority projects, excluding the Mambilla power and East-West road projects.

Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, gave this clarification in a statement in Abuja on Wednesday.

The statement read in part: ”In an earlier statement, I had mistakenly noted that the Mambilla was one of five priority projects to benefit from the $311 million Abacha loot under the Presidential Infrastructure Development Fund (PIDF) managed by the Nigeria Sovereign Investment Authority (NSIA). That error is regretted.

”Although the Mambilla and East-West expressway are regarded under the PIDF as priority projects, I have ascertained that they are exempted from the agreement signed between the Nigerian, United States and British territory of Jersey governments.

”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.”

The presidential aide, therefore, enjoined all print and online media to take note of the correction and make the necessary adjustments to their previous publications on the issue.

...

About observer

Check Also

Coronavirus: Edo announces discharge of 14th patient, screens over 126,000 residents

…scales up screening, testing exercise in Igueben, Uromi, Ekpoma The Edo State Government has announced …

Obaseki ratifies Edo Incident Action Plan for COVID-19

The Edo State Governor, Mr. Godwin Obaseki, has approved the state’s Incident Action Plan (IAP) …

Leave a Reply

Your email address will not be published. Required fields are marked *

COVID-19 ALERT

There’s currently no vaccine to prevent coronavirus disease (COVID-19). You can protect yourself and help prevent spreading the virus to others if you: Wash your hands regularly for 20 seconds, with soap and running water or alcohol-based hand rub Cover your nose and mouth with a disposable tissue or flexed elbow when you cough or sneeze Avoid close contact (1 meter or 3 feet) with people who are unwell Stay home and self-isolate from others in the household if you feel unwell