Sunday, 8 Mar 2026
  • My Feed
  • My Feed
  • My Interests
  • My Interests
  • My Saves
  • My Saves
  • History
  • History
  • Blog
  • Blog
Subscribe
WITHIN NIGERIA
  • HOME
  • Home
  • Home
  • FEATURES
  • Opinion

    White House Visit: What happened when Messi stood silent as Trump discussed US-Israel-Iran war and Ronaldo

    By
    Samuel David

    What to watch this weekend: 3 Nollywood films premiering in cinemas today

    By
    Ifeoluwa

    How to Survive #70,000 minimum wage: Experts advise Nigerian workers

    By
    Sodiq Lawal Chocomilo

    El-Rufai’s Troubles: What You Need To Know

    By
    Sodiq Lawal Chocomilo

    Celebrity Insights: Frank Edwards and Mo Abudu Speak on Showmax Shutting Down

    By
    Samuel David

    At 70, the unforgettable characters of Chiwetalu Agu that defined Nollywood

    By
    Ifeoluwa
  • Opinion

    Why Is MultiChoice Group ending Showmax? Losses, Strategy Shift, and what happens to Subscribers

    By
    Samuel David

    OGUN 2027: Yayi consensus sets the stage for creekside capital leadership

    By
    Abdulsalam Abdullahi Opeyemi

    DRUG NETWORKS EXPOSED: The rise from couriers to cartels in Nigeria’s cross-border trade

    By
    Abdulsalam Abdullahi Opeyemi

    CABINET SHUFFLE: Doris Uzoka-Anite shifts to her third ministry in three years

    By
    Abdulsalam Abdullahi Opeyemi

    NORTHERN UNREST: Shi’a demonstrations escalate from Gombe to Kano

    By
    Abdulsalam Abdullahi Opeyemi

    From Hero To Awaiting Trial: Abba Kyari’s NDLEA Ordeal

    By
    Sodiq Lawal Chocomilo
  • NEWS
  • Politics

    Full Breakdown of 67 Items seized from Nasir El-Rufai’s Abuja Residence by ICPC

    By
    Samuel David

    Enugu: Students, Staff Count Loses As Fire Guts Building At Federal College Of Education, Eha-Amufu

    By
    Nnadi Christopher Ikechukwu

    Inside the final scene of Kilanko everyone is talking about: Allwell Ademola’s last cinematic statement

    By
    Ifeoluwa

    How Oluwo of Iwo openly challenged Trump over Iran War

    By
    Samuel David

    From Kalakuta to Cupertino: How a 1971 Fela classic became the soundtrack for Apple’s MacBook Air

    By
    Ifeoluwa

    How To Apply For JAMB Direct Entry 2026

    By
    Sodiq Lawal Chocomilo
  • Politics

    11 Things You Might Not Know About Prof. Olu Ogunsakin, Chairman of State Police Committee

    By
    Sodiq Lawal Chocomilo

    Bishop Oyedepo and Pastor Adeboye’s shocking predictions on wars and global tension

    By
    Samuel David

    Crime on Campus: How 2 Federal Universities responded in February 2026

    By
    Samuel David

    Actress Olaide Oyedeji on BBL, broken relationships & becoming whole again in recent interview

    By
    Ifeoluwa

    “Businesses are folding up” – Nigerians storm IBEDC office, decry epileptic power supply

    By
    Sodiq Lawal Chocomilo

    How did renowned Nigerian photographer, Kola Onifoto, Die? Full details emerge

    By
    Samuel David
  • ENTERTAINMENT
  • Health

    From 7-month emergency birth to 1st birthday: Chizzy Alichi’s son’s survival story

    By
    Ifeoluwa

    Kenneth Okonkwo’s recent Live TV outburst at Rufai Oseni: What Triggered It?

    By
    Samuel David

    From Ministerial Nomination To ICPC Custody: How El-Rufai Fell Out With Tinubu Presidency

    By
    Nnadi Christopher Ikechukwu

    Meet ‘Taiwo Oyedele’: 13 Things To Know About The Minister of State for Finance Nominee

    By
    Sodiq Lawal Chocomilo
    FORM SLUMP: Remo Stars’ slide from NPFL title winners to survival fight

    FORM SLUMP: Remo Stars’ slide from NPFL title winners to survival fight

    By
    Abdulsalam Abdullahi Opeyemi
    GLOBAL REALIGNMENT: Artificial intelligence, national defence and the renewed push for sovereignty

    GLOBAL REALIGNMENT: Artificial intelligence, national defence and the renewed push for sovereignty

    By
    Abdulsalam Abdullahi Opeyemi
  • Health

    Courtroom Showdown: Nigerian Oil Tycoon Muhammadu Indimi vs. Twin Daughters — $43.5million at stake

    By
    Samuel David

    From Lumumba To Khamenei: Meet 7 Global Leaders Killed in Targeted and Rebel Operations

    By
    Sodiq Lawal Chocomilo

    Eight in Two Months: Remembering Nigerian Celebrities Who Died in 2026

    By
    Sodiq Lawal Chocomilo

    A Voice Silenced: Tribute to Oyo-born gospel artist, Taiwo of Adegbodu Twins

    By
    Sodiq Lawal Chocomilo

    How a custody courtroom clash escalated: Breaking down the N1bn legal notice against Davido

    By
    Ifeoluwa

    How Iran’s Supreme Leader’s death in US–Israel Airstrikes became a rallying cry in Northern Nigeria

    By
    Samuel David
  • FACT CHECK
  • Pages
    • Blog Index
    • Contact US
    • Search Page
    • 404 Page
    • Travel
    • Technology
    • World News
  • Pages
    • Blog Index
    • Contact US
    • Search Page
    • 404 Page
    • Travel
    • Technology
    • World News
  • MORE
    • VIDEOS
    • GIST
    • PIECE (ARTICLES)
  • 🔥
  • Entertainment
  • National
  • Metro
  • XTRA
  • General
  • photo
  • headline
  • Politics
  • video
  • Sports
Font ResizerAa
WITHIN NIGERIAWITHIN NIGERIA
  • My Saves
  • My Saves
  • My Interests
  • My Interests
  • My Feed
  • My Feed
  • History
  • History
  • Travel
  • Travel
  • Opinion
  • Opinion
  • Politics
  • Politics
  • Health
  • Health
  • Technology
  • Technology
  • World News
  • World News
Search
  • Pages
    • Home
    • Blog Index
    • Contact Us
    • Search Page
    • 404 Page
  • Pages
    • Home
    • Blog Index
    • Contact Us
    • Search Page
    • 404 Page
  • Personalized
    • My Feed
    • My Saves
    • My Interests
    • History
  • Personalized
    • My Feed
    • My Saves
    • My Interests
    • History
  • Categories
    • Opinion
    • Politics
    • Technology
    • Travel
    • Health
    • World News
  • Categories
    • Opinion
    • Politics
    • Technology
    • Travel
    • Health
    • World News
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
National

No record of how Obasanjo, Yar’adua and Jonathan spent Abacha’s $5bn loot, FG reveals

Last updated: March 15, 2020 8:53 pm
Sodiq Lawal Chocomilo
Share
L-R ex-president Olusegun Obasanjo, ex-President Goodluck Jonathan and late Umaru Musa Yar'dua
SHARE

The Federal Government has revealed that they have no records of the exact amount of public funds stolen by a former military head of state, Sani Abacha and no records of how the administrations of Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan spent about $5 billion of the loot recovered between 1999 and 2015.

The disclosure was made after Socio-Economic Rights and Accountability Project (SERAP) Freedom of Information (FoI) requests to Mr Abukabar Malami (SAN) Attorney General of the Federation and Minister of Justice and Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning on “information on the exact amount of public funds stolen by Abacha, and details of spending of about $5 billion recovered loot since the return of democracy in 1999.”

The FoI requests dated 14 February 2020, read in part:

“The Federal Government should disclose details of projects executed with the Abacha loot and their locations, details of companies and contractors involved in the execution of any such projects, details of all the agreements on the loot, the roles played by the World Bank and other actors, as well as the implementation status of all projects since 1999.

“Publishing the details of projects on which Abacha loot has been spent would allow the public to know the specific projects carried and the areas of the country in which the projects have been implemented as well as the officials that may be responsible for any alleged diversion or mismanagement of the loot.

“According to our information, a special panel set up on 23 July 1998 by the former head of state General Abdulsalami Abubakar to probe the late military dictator General Sani Abacha stated that he stole over $5 billion between 1993 and 1998 when he was in power. Much of the stolen public funds have been returned to Nigeria.

“The report by the panel shows that the government recovered some $635 million, £75 million, DM 30 million and N9 billion as well as several vehicles and properties in Abuja, Lagos and Kano together with 40% interests in West African Refinery in Sierra Leone. Other assets were recovered from the Abacha family and associates.

“Furthermore, former president Olusegun Obasanjo administration also reportedly recovered over $2 billion of Abacha loot. Mr Obasanjo would seem to confirm this fact when he stated in the second volume of his book titled My Watch that: ‘by the time I left office in May 2007, over $2 billion and £100 million had been recovered from the Abacha family abroad, and N10 billion in cash and properties locally.

“Similarly, former president Goodluck Jonathan administration reportedly recovered $226.3 million and €7.5 Million from Liechtenstein. Some £22.5 million was also recovered from the Island of Jersey while $322 million and £5.5 million from the Abacha loot were reportedly returned to the government.

“The government of president Muhammadu Buhari has also recovered several millions of dollars of Abacha loot since assuming office in May 2015, including $321 million from Switzerland, and $300 million from the US and Jersey.”

Serving an update on the FOI request with reference number MJ/FOI/REQ/035/11/34, SERAP disclosed that only Mr Malami has sent in a reply.

A statement which was signed by Hamza Adeyinka Omolara, Malami’s Principal Counsel at the Ministry of Justice reads in part;

“We have searched our records and the information on the exact amount of public funds stolen by Abacha and how recovered loot was spent from 1999–2015 is not held by the Ministry.

“However, a total of $322 million was recovered from Switzerland in January 2018 and the funds were used for Social Investment Project. Also, $308 million was recovered from the Island of Jersey in collaboration with the USA. While awaiting the transfer of the money to Nigeria, it has been designated for the following projects: Lagos—Ibadan Expressway; Abuja—Kano Expressway, and Second Niger Bridge.”

However dissatisfied with the response, SERAP alleged that the federal government also failed to provide sufficient details on the spending and planned spending of the $630 million it said it recovered since 2018.

A statement signed by the group’s deputy director Kolawole Oluwadare, reads in part;

“The failure to provide information on the exact amount stolen by Abacha and on spending of recovered loot for the period between 1999 and 2015 implicitly amounts to a refusal by the government. The government also failed to provide sufficient details on the spending and planned spending of the $630 million it said it recovered since 2018.”

“In the circumstances and given that Mrs Zainab Ahmed has failed and/or refused to response to our FoI request, we are finalising the papers for legal actions under the FoI Act to compel the government of President Muhammadu Buhari to fully and effectively comply with our requests.”

TAGGED:Abacha's $5bn lootex-President Goodluck JonathanLate Umaru Musa Yaraduaolusegun obasanjo
Share This Article
Email Copy Link Print
BySodiq Lawal Chocomilo
Follow:
Lawal Sodiq Adewale aka CHOCOMILO is an award winning journalist. Mail me at Chocomilo@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE
Previous Article Lagos explosion: APC expresses shock, sympathises with victims
Next Article Buhari sympathizes with victims of Lagos explosion
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

National

Buhari presides over security meeting

By
Adejayan Gbenga Gsong
National

Despite slaughtering of rice farmers in Borno, Nigeria’s minister, Lai insists Boko Haram is badly degraded

By
Sodiq Lawal Chocomilo
National

32 Nigerians Deported From Germany

By
Davies Ngere Ify
COVID-19: Face mask now a must in Oyo State, says Seyi Makinde
National

Gov Makinde Reveals Identity Of Company With Large COVID-19 Cases In Oyo

By
Adejayan Gbenga Gsong
WITHIN NIGERIA
Facebook Twitter Youtube Rss Medium

About US


BuzzStream Live News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.
Top Categories
  • World News
  • World News
  • Opinion
  • Opinion
  • Politics
  • Politics
  • Tech
  • Tech
  • Health
  • Health
  • Travel
  • Travel
Usefull Links
  • Contact Us
  • Contact Us
  • Advertise with US
  • Advertise with US
  • Complaint
  • Complaint
  • Privacy Policy
  • Privacy Policy
  • Cookie Policy
  • Cookie Policy
  • Submit a Tip
  • Submit a Tip
© Foxiz News Network. Ruby Design Company. All Rights Reserved.