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Repatriated Loot: Before Delta State People Are Shortchanged – Oke Umurhohwo

Before Delta State people are shortchanged It is a needless debate but the federal government is doing everything to turn the proprietary of a £4.2 million (N2.4 billion at the official exchange rate) to be repatriated to the country by the UK government, into one. The money was realized from parts of assets recovered from a former Delta state governor, Chief James Ibori, by the British government. On Monday, Nigeria and British governments signed a memorandum of understanding (MoU) on returning the money to Nigeria, and controversy set in when the Minister of Justice and Attorney-General of Federation, Abubakar Malami, hinted that the money would go to the federation account and not the Delta state treasury. Things got even messy when Malami noted that the money will be deployed to completing the Second Niger Bridge and the Lagos-Ibadan Expressway, among other projects.

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