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Give us share of the recovered Abacha’s loot, governors tell Buhari

Give us share of the recovered Abacha’s loot, governors tell Buhari

Thirty-six states governors under the umbrella of Nigerian Governors’ Forum has requested some parts of recovered repatriated Abacha’s fund and other loots in the custody of the federal government.

This was the highlight of the resolution of the forum after its meeting on Wednesday.

The governors argued that with the recent deductions from revenues accruable to the federation account available for distribution to the three tiers of government, recovered funds should, therefore be shared amongst the respective units.

The group led by Governor Kayode Fayemi of Ekiti State after its teleconferencing on Wednesday agreed to engage with the federal government to ensure that the governance arrangement of all federation-funded investments recognises state governments as shareholders in the distribution of proceeds and decision making.

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