FG commences disbursement recovered Abacha loot

October 12th, 2018

From Jibrin Miachi, Kaduna

Despite the criticism that greeted the decision to share the recovered “Abacha Money” among some Nigerians, Federal Government has commenced the disbursement of same to the beneficiaries in the north.

    The programme, Federal Government Empowerment Programme (FGEP), which is designed to mobilises small scale business venture with a token of N10,000, kicked off in Kaduna last weekend, where over 50,000 beneficiaries capture in the state are to be reached.

    Speaking in an interview with The AUTHORITY, a staff of FGEP, an Agency overseeing this programme, Mr Alkasim Garba who made this disclosure gave a breakdown of the beneficiaries to include the following “value chains – petty grain sellers, vegetable and fruit sellers”.

Others include “Okada/tricycle riders and food vendors such as Kara/fried or boiled yam and wiener” and said “after this category, we will go for other four value chains before the end of the year”.

Speaking further, Garba said “we have started the disbursement and we started it at the Kaduna Central Market. We had to do that because the Vice President, Yemi Osinbajo was coming there and we therefore wanted the people in the market he had come to visit to actually see the impact of what we are doing now”, he explained.

It would be recalled that Vice President Osinbajo was at the Kaduna central market last Thursday, 4th October 2018 to see the traders, after which Garba said “we are out and going to places we have captured people earlier”.

Even though he did not give the number of the people that were attended to during the vice president to the market, Garba remarked that with regards to Kekenap riders, “all in all, about 10,000 of them have been captured in Kaduna, Kafanchan, Zaria, Saminaka and the likes.

“They are supposed to be collecting N10,000, payable back in six months time after which they will be given N15,000 which they will also pay back in six months. After this, they will be given N30,000, payable back in six months time.

Rather than embarking on this programme, they recommended education, health sectors and road infrastructural rehabilitation programme or sinking the money into the rival of comatose industries such as textile companies, with a view to generating employment for jobless youths.

 

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