By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Lawmaker suggests settling ASUU with recovered $23 Million Abacha Loot
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
EducationPolitics

Lawmaker suggests settling ASUU with recovered $23 Million Abacha Loot

Adamu Abubakar
By Adamu Abubakar
Published: August 25, 2022
Share
3 Min Read
SHARE

A member of the House of Representatives Dachung Musa Bagos has suggested that part of the recently returned $23m Abacha loot should be used to settle the Academic Staff Union of Universities (ASUU).

Okay.ng recalls that the Nigerian Government reached an agreement with the US Government over the return of $23 million dollars supposedly looted by General Sani Abacha.

Abacha was Head of State from 17th November 1993 until his death on 8th June 1998.

Mr Dachung Musa Bagos, the lawmaker representing Jos South/Jos East is wondering why the recent Abacha should not be used to settle ASUU.

- Advertisement -

“We have pressing needs. Like now, ASUU has been on strike and the government is trying to settle those issues,” he said during an interview on Channels Television’s Politics Today on Wednesday.

“As a representative of the people, if I have to argue where those funds should be channeled to on the floor, I will say, ‘Why can’t you channel this fund to ASUU so that most of the youths that are at home would go back to school?’ But some of the areas we feel that the executive is channeling those funds are not the immediate needs of Nigerians.”

The lawmaker also accused the Federal Government of not carrying the National Assembly along in the disbursement of recovered loots.

“This is my third year in the National Assembly, we have never discussed any of the recovered loots. We just sit down and we hear that the executive recovered loots and allot the same to projects that they so desire,” Bagos explained.

- Advertisement -

He said it appears the Federal Government is not alloting these recovered funds to the right areas, saying if there are agreements entered before such monies are repatriated, the National Assembly should ratify such.

“We believe that when we discuss these issues at the National Assembly, we appropriate those funds according to the needs of Nigeria, it is going to go a long way; not just the executive looking at it and alloting it (the fund) to what they feel it should be,” he added. “The constitution has given us that right.”

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Abacha LootASUU Strike
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article Police IG, Usman Alkali Baba Kano, Zamfara and Enugu states get new Commissioners of Police
Next Article 2023: Buhari asserts commitment to APC, vows to support the Party’s candidates

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,600.00
Sell Rate ₦1,630.00

Last updated: 21 hours ago (May 20, 2025 11:38 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Dangote, Elumelu Commit to Boosting Taraba’s Economic Growth at Taravest Summit
Economy
Sunday Igboho
Sunday Igboho Reaffirms His Status on FG’s Wanted List Amid Controversy
News
Federal High Court Schedules Hearing on DSS Suit Against Pat Utomi Over Shadow Government Allegations
News
Olamide
Billboard Honors Olamide as One of 2025’s Global Music Power Players
Celebrities
JAMB Registrar, Is-haq Oloyede
JAMB Announces Additional UTME Exams for Candidates Who Missed 2025 Test
Education Top stories
- Advertisement -
Ad imageAd image

You May Also Like

News

Babachir Lawal Dismisses Tinubu’s Vatican Visit as Non-Achievement, Criticizes Muslim-Muslim Ticket

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 21, 2025
PoliticsTop stories

Osun State PDP Senators Endorse President Tinubu for 2027, Citing Strong Governance Record

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 21, 2025
Education

South-East Caucus Demands Cancellation of 2025 UTME Over JAMB’s Institutional Failure

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 21, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?