A contract for the return of $23,439,724 in recovered funds was signed by Nigeria and the US.
By Omotayo Olutekunbi
Representative Dachung Musa Bagos has requested the Federal Government to utilize some of the newly recovered Abacha wealth, which totals $23,439,724 million, to pay the Academic Staff Union of Universities (ASUU).
On Wednesday, August 24, 2022, Bagos announced on the Channels Television program Politics Today, he said,
“We have pressing needs. Like now, ASUU has been on strike, and the government is trying to settle those issues.
“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.”
He added, “This is my third year in the National Assembly, we have never discussed any of the recovered loot. We just sit down and we hear that the executive recovered loot and allotted the same to projects that they so desire.
“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. The constitution has given us that right.”
Tuesday, August 23, 2022, saw the signing of a contract between Nigeria and the USA for the repatriation of $23,439,724 in recovered monies that were allegedly plundered by the late General Sani Abacha.
Since February of this year, ASUU has been on strike in support of better welfare and the revitalization of public institutions, among other issues.
Since all attempts by the government to get the union to call off the strike have been successful, one point of discontent for academics is the non-payment of university revitalization funds, which total around N1.1 trillion.
Bagos, who represents Jos South/Jos East, questions why the new Abacha loot should not be utilized to settle ASUU when the government claims it does not have enough money to pay the academics.
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