Abacha $350m Loot: TUC disagrees with FG’s sharing option

The Trade Union Congress of Nigeria has kicked against the federal government decision to share $350M Abacha loot: saying it is another way to “re-loot the loot”.
The union stated this in a statement signed by its president, Dr. Bobboi Bala Kaigama and its Secretary General, Musa-Lawal Ozigi, the union stressed that the recovered lot should be tied to projects so as to make life worth living for the people.
It said: “We are a people deficient in everything that make life comfortable and worthliving. We lack the basic things of life; infrastructure- ranging from roads, modern rail system, hospitals and power, to mention a few. Our education has collapsed. The technical schools have gone into extinction likewise science and technology. Mark Zuckerberg CEO of Facebook, is among the first five richest in the world now with $71 billion. What does he sell? Nothing. How many manufacturing companies does he have? None. Info tech is one aspect that the youths have interest in, yet there is no encouragement.
“The argument that the Federal Government had been drawing money from other sources to fund the Social Investment Programme of the government — an APC initiative and promise made during 2015 electioneering campaigns is not tenable. Those sources equally belong to our common  patrimony. It is on record that monies have been recovered since this administration came on board. And we cannot really say this is what government has been done with it. On this particular one we say no to sharing. Government must tie the money to projects. This remains the only way it would have a significant impact on poverty alleviation and overall development of the country.”
It further added: “We have a population of 200 million and government wants to share $350 million?  What is the formula for sharing?: By geographical zones?, Through state governors or by Individual families, can someone explain something we don’t know? This government must learn to hear.
“Our population and landmass should be an advantage. Unfortunately there hadn’t been creative thinking on the part of the leadership. We expect the authorities to do the right thing and stop creating wrong impressions. Repatriated funds should be transparently and accountably spent.”