Monday, October 26, 2026

Abacha Loot: Federal government appoints CSO to monitor spendings

It is not immediately clear if the move was part of the loot repatriation deal with the U.S.

• December 25, 2020
Nigeria's Attorney General, Abubakar Malami [Photo Credit: BusinessDay]
Nigeria’s Attorney General, Abubakar Malami [Photo Credit: BusinessDay]

The Federal Executive Council has selected a Civil Society Organisation (CSO) to monitor the appropriation of over $311million recovered in February from funds looted by the late Head of State, Gen. Sani Abacha.

The recovered funds had been earmarked for infrastructural projects such as the 2nd Niger Bridge, Abuja to Kano Expressway and Lagos to Ibadan Expressway.  

CLEEN Foundation, an Abuja Based CSO, which focuses on promoting public safety, security and accessible justice, was selected to oversee the spending.

This announcement was made on Thursday by a Umar Jibrilu Gwandu, a media assistant to Attorney-General Abubakar Malami.

Mr. Gwandu said that the involvement of a CSO was  to increase transparency in the management of the funds.

In April, the Attorney General’s office had disclosed that the country recovered over $311 million of the stolen funds by the country’s former military ruler from the United States after an agreement was signed in February by the concerned parties.

It is not immediately clear if the appointment of a CSO to monitor deployment of the loot was part of the agreement signed with U.S. government where the funds are being repatriated.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

NESG logo

Economy

GDP growth, lower inflation figures not enough to improve Nigerians’ lives: NESG

Mr Yusuf said reforms must deliver decent jobs, greater purchasing power, improved security and reduced poverty for households.

police

States

Police launch investigation into shooting of two corporals in Kogi

The ‌two police officers were said to be involved in shootings that led to their deaths.

Dr Muhammad Ali Pate

NationWide

Nigeria may declare Ebola outbreak over by December 7: FG

The Ebola patient in Nigeria and her husband were flown to Switzerland on Monday.

National Assembly

NationWide

National Assembly has strengthened democracy since 1999: Nwawuba

Mr Nwawuba said the National Assembly has contributed to economic and security developments.

Brazilian president Luiz Inácio Lula da Silva

World

Tinubu congratulates Brazil’s President Lula Da Silva on re-election

Mr Tinubu reaffirmed Nigeria’s commitment to working with Brazil to strengthen multilateral cooperation.

Amina Mohammed

Africa

UN, EU advocate intelligence sharing, technology to strengthen Africa’s fight against terrorism

The ambassador reaffirmed the EU’s commitment to strengthening counter-terrorism cooperation with Nigeria and the African Union.