Nigeria: FG to invest ‘Abacha loots’ in Mambilla Power Project

The Nigerian Government says part of the 311 million dollars ‘Abacha loot’ returned from the United States will be invested in the Mambilla Power Project.

It said that part of it would be deployed into the ongoing fight against COVID-19 in the country.

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

He expressed optimism that the Mambilla power project when completed, would provide electricity to some three million homes or over 10 million citizens in the country.

Shehu revealed that part of the funds had already been allocated, and would be used ”in full, for vital and decades-overdue infrastructure development.

”The projects include the second Niger Bridge, the Lagos-Ibadan and Abuja-Kaduna-Kano expressways – creating tens of thousands of Nigerian construction jobs and local skills, which can then be useful in future projects.