Tag Archives: Sani Abacha

$250m Abacha loot: FG seeks World Bank’s help

BY OLALEKAN ADETAYO The Federal Government is currently reaching out to the World Bank to assist it in the repatriation of €185m (about $250m) allegedly stolen by the late   dictator, Gen. Sani Abacha, investigation by The PUNCH has revealed. A Liechtenstein court had in 2012 ordered the confiscation of the money recovered from companies linked

Arewa House

DERIVATION DEBATE: How Northern Leaders ‘Underdeveloped’ the North

Uncompassionate capitalism championed by the greedy northern elite, who own major oil blocks in the Niger Delta, is responsible for the region’s backwardness today By Ohia Israel The debate on the justification of giving 13% derivation of Nigeria’s oil revenue to the oil rich Niger Delta states has of recent become subject of national discuss,