The Federal Government has said the $322 million repatriated loot of the former Head of State, General Sani Abacha, will be spent on poor Nigerians.
Juliet Ibekaku-Nwagwu, National Coordinator of the Open Government Partnership and Special Assistant to the President on Justice Reforms, made the disclosure to pressmen in Abuja.
Ibekaku-Nwagwu said under the MoU with Switzerland, the money would be paid directly into accounts of poorest Nigerians in the next two years.
The aide stated that the disbursement would be done through identification numbers to be made available on a website being developed by the National Social Investment office and the World Bank.
She explained that Nigerians will be brief on the modalities regarding the project on June 28.
She added that the disbursement process will be made transparent for civil society organizations and media to monitor.
“The poorest members of every community will be registered online, and before they will receive any payment, they must have an ID number, so that every payment can be tracked”.
“No amount will be paid out without a joint signature between Nigeria and the World Bank and without the identification of individuals”, Ibekaku-Nwagwu said.
“If there is anything we have achieved, it’s about getting Nigerian citizens to become conscious about what is happening with their money,” she added.