Federal Government To Begin Transfer Of $322m Abacha Loot To Poor Nigerians In July .

Nigeria

The Federal Government says it will commence disbursement of the recovered 322 million dollars Abacha loot through Conditional Cash Transfers (CCT) to 302,000 poor households in 19 states in July.

Tukur Rumar, of the National Cash Transfer Office (NTCO), disclosed this at a roundtable on assets recovery organised by the Swiss Embassy on Thursday, in Abuja.

The states include: Niger, Kogi, Ekiti, Osun, Oyo, Kwara, Cross River, Bauchi, Gombe, Jigawa, Benue, Taraba, Adamawa, Kano, Katsina, Kaduna, Plateau, Nasarrawa, Anambra and Internally Displaced Persons Camps (IDPs) in Borno.

According to Rumar, the benefiting households will receive N5,000 monthly.

Mr Iorwa Apera, the National Coordinator, National Social Safety Net Coordinating Office (NASSCO), said 503,055 households were already on the NSR register from the 19 states, adding that by July, there would be a social register for all the states of the federation.

“The Federal Government would begin with those states, because they had signed a Memorandum of Understanding (MoU) with NASSCO to put in place certain infrastructure to empower the national register.