The senator representing Kaduna Central senatorial district in the National Assembly, Sen. Shehu Sani, has cautioned the Federal Government against its planned sharing of $350 million to vulnerable Nigerians.
The funds are part of the infamous Abacha loot recently repatriated from Switzerland to Nigeria and currently domiciled with the Central Bank of Nigeria (CBN).
As part of conditions for the repatriation of the funds, the Swiss government had reportedly demanded that the funds be shared among Nigerians.
The Federal Government had fixed July for the commencement of Conditional Cash Transfers (CCT) to vulnerable Nigerians.
But taking to his verified Twitter handle on Saturday morning, the vocal senator said the move was “impossible” to achieve.
He said, “Sharing $350 million recovered loot to 180 million Nigerians is impossible. It will end up with beneficiaries whose names will be given by Governors, Ministers, Lawmakers and the President’s men. Let it be tied to a project Nigerians can see with their ‘Korokoro eyes’.”
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