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Recovered Abacha’s loot will be used for two major expressways, Second Niger Bridge- Malami

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The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, says the recovered $308 million looted by the late former Head of State, General Sani Abacha will be used on the construction of Lagos – Ibadan Expressway, Abuja – Kano Expressway and the Second Niger bridge.

Malami said this in a press statement published on the website of the US Embassy and Consulate in Nigeria on while signing on behalf of the Nigerian government, Vanguard reports.

In Malami’s words, “As you are aware, the government of Nigeria has committed that the assets will support and assist in expediting the construction of the three major infrastructure projects across Nigeria – namely

“These projects currently being executed under the supervision of the Nigeria Sovereign Investment Authority as a public-private partnership (PPP) will boost economic growth and help alleviate poverty by connecting people and supply chains from the East to the West and to the Northern part of Nigeria, a vast area covering several kilometers with millions of the country’s population set to benefit from the road infrastructures.“

The AGF also noted that this agreement has “culminated in a major victory, for Nigeria and other African countries as it recognizes that crime does not pay and that it is important for the international community to seek for ways to support sustainable development through the recovery and repatriation of stolen assets.”

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