Separate Abacha loot from COVID-19 funds, HEDA tells FG

An advocacy group, Human and Environmental Development Agenda, has warned the Federal Government against mixing up the recovered $322m Abacha loot, being shared to poor Nigerians, with the COVID-19 funds donated by philanthropists.

The group said the government must let Nigerians know that the $322m Abacha loot, being shared as N5,000 Conditional Cash Transfer, is not the same as the palliative to cushion the economic effect of COVID-19 lockdown on the masses.

Former Nigerian dictator's £210m seized from Jersey account

More than $267m (£210m) belonging to a former Nigerian dictator has been seized from a Jersey bank account.

The money was "derived through corruption" during the presidency of Sani Abacha in the 1990s, according to Jersey's Civil Asset Recovery Fund .

A shell company called Doraville held the funds, which were frozen in 2014.

After a five-year legal wrangle, the money has now been recovered and will be split between Jersey, the United States and Nigeria.