Mailafia, activists back opposition to Nigeria’s alleged plan to hand $100M

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Mailafia, activists back opposition to Nigeria’s alleged plan to hand $100M
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“We need to do something morally constructive with the funds as a memorial against those who have stolen the future of our children.”

authorities said was stolen by former dictator, the late Gen. Sani Abacha, to Kebbi State Governor Abubakar Bagudu.

In their separate reactions, social justice activists, as well as former deputy governor of the Central Bank of Nigeria , Dr. Obadiah Mailafia, have thrown their weights behind the decision not to return the latest $100million back to Nigeria through Bagudu. “America is not foolish, because they know the implication, which is re-looting of the funds. It is so unfortunate that America is seeing us as a people that lost their conscience with reckless stealing of money from home and pulling it overseas for those countries to manage their economies.”

He added: “CISLAC is extremely frustrated that the Nigerian government seems to use a legal obstruction based on a 17-year-old agreement that entitles Bagudu to the funds and prevents Nigeria from assisting the US. It is scandalous that Buhari’s government refuses to assist the US, because it is bound by a settlement Bagudu reached with the administration of then President Olusegun Obasanjo in 2003, according to US court filings.

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