ONLY LAZY NIGERIANS DEPEND ON MARKETS FOR FOOD — SENATOR ONYEKACHI NWAEBONYI. (PHOTO).

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Only lazy Nigerians depend on markets for food — Senator Onyekachi Nwaebonyi The Deputy Chief Whip of the Senate, Senator Onyekachi Nwaebonyi, has come under criticism after saying Nigerians who rely on markets for food are “lazy”, as he urged citizens to embrace farming to tackle rising food prices. Nwaebonyi, who represents Ebonyi North Senatorial District, made the statement during an interview on The Mic On Podcast hosted by Seun Okinbaloye which was published on August 1 with clips going viral on Friday, while defending the economic policies of President Bola Tinubu’s administration. Responding to concerns over food inflation and the rising cost of living, the senator said the government alone could not be held responsible for the prices of commodities in the market, arguing that citizens also had a role to play. “Do you expect Tinubu to moderate the prices of garri in the market? Do you expect Tinubu to come and give you yam to feed your family?” he asked. Nwaebonyi said Nigerian...
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$322.5M ABACHA LOOT SHARED TO 1.9M NIGERIANS-FG.(PHOTO).

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 $322.5 Million Abacha Loot Shared To 1.9m Nigerians - FG

The Federal Government has disbursed the entire $322.5 million Abacha loot of 2017 to 1.9 million poor and vulnerable Nigerians.

Before making the disbursement, the money accrued an interest of $11 million where it was deposited.

Mr. David Ugolor, Executive Director of ANEEJ, an independent monitor providing independent report on the use of the funds, made this disclosure in Abuja yesterday.

Mr. Ugolor told reporters that “the Abacha loot is exhausted. An interest of $11 million was accrued in the money where it was saved and it was disbursed to around 1.9 million poor Nigerians”.

Ugolor added that “no politically motivated data was used in selecting the beneficiaries; the National Social Register was used to determine those who will benefit and the register is updated regularly to remove those who have died”.

According to the ANEEJ Executive Director, “the Abacha loot that was recovered have been exhausted, we have a responsibility to inform Nigerians and then to make sure to tell them what the money was used for”.

He noted that, “it is a very controversial issue that people sit down at home and begin to point fingers that Abacha’s money has been stolen. What we have done with this monitoring is very ground breaking”.

Ugolor said ANEEJ will publish by the end of next month, state by state data of how the money was disbursed.


 

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