General Sani Abacha died 24 years ago, but he’s still Nigeria’s OG sugar daddy in 2022. The evidence of his massive stealing of Nigeria’s assets in his five-year military regime continues to outlast him.

How Buhari Should Spend the $23m Abacha Loot

On August 23rd, 2022, the United States agreed to return to Nigeria the sum of $23m which Abacha stole over two decades ago. The US alone has returned more than $334.7m linked to the former dictator. 

But as nice as it is for Nigeria to get some of its money back, there’s been a lack of transparency in how the returned Abacha loot is spent. Nigerians just aren’t feeling the impact directly enough. 

How Buhari Should Spend the $23m Abacha Loot

For example, the government wants to spend the fresh $23m on projects like the Abuja-Kano road, the Lagos-Ibadan Expressway and the Second Niger Bridge.

But we have other ideas on more tangible ways to spend it:

Giveaway, obviously 

It’s not easy to be a Nigerian these days. You just need to look at the state of the economy to agree everyone needs some credit alerts. 

Call it hardship allowance or allowance for igbo and shayo, but everyday Nigerians need to personally feel touched by the Abacha loot.

Give it to ASUU

How Buhari Should Spend the $23m Abacha Loot

The Academic Staff Union of Universities (ASUU) has been on its annual leave strike for the past six months because of its unending conflicts with the Federal Government (FG). The two parties have left thousands of students stranded at home while they battle over money and control. FG should think about throwing the $23m ASUU’s way to end the strike… for now.

Compensate Nigerian students

Speaking of those stranded students, there have recently been conversations about how they should be compensated. This $23m from our sugar daddy Abacha should do some leg work in appeasing them for the time lost at home without education.

How Buhari Should Spend the $23m Abacha Loot

ALSO READ: Why Nigerian Students Deserve Compensation for ASUU Strike


Bribe the national grid

The national grid has been a relentless opp to Nigerians, especially in 2022, with many breakdowns and blackouts. The government can make it stop by bribing it to chill or something. 

Jollof rice festival

The way to anybody’s heart is through their stomach and what better way to feel the impact of Abacha’s recovered loot than for the government to feed everyone? 

$23m feels just right enough to throw a Guinness World Records-breaking Jollof rice festival. Everybody gets a taste of the national cake rice!

How Buhari Should Spend the $23m Abacha Loot

Expensive sacrifice at a T-junction

Transparency International estimates that Abacha may have stolen up to $5 billion from Nigeria between 1993 and 1998. We’re yet to get half of that money back. 

How Buhari Should Spend the $23m Abacha Loot

We can use this little $23m to offer an expensive sacrifice to the gods to help in the recovery of everything that took flight under Abacha’s watch. You spend money to make money.

Pay bounty on oil thieves

Buhari recently complained that oil thieves are partly to blame for Nigeria’s revenue-generation issues. Some of these thieves are “big men” cashing out from robbing Nigeria. We can use the Abacha loot to place bounties on their heads to encourage citizens to help security agencies to find them more easily.

How Buhari Should Spend the $23m Abacha Loot

Tithe

It’s important to always give unto Caesar — and unto the Lord — in style.

ALSO READ: There’s a Place for Animals in the Nigerian Public Service

>

OUR MISSION

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.