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Open Letter to President Buhari: invest latest Abacha loot in the Niger Delta

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Buhari at the national Assembly to present the 2019 budget bill
Date: 13.05.2020

Mr Buhari

The President of the Federal Republic of Nigeria

Aso Rock

Abuja

Your Excellency Sir, 

INVEST ABACHA LOOT IN NIGER DELTA

1.     My President, I would have sent a formal letter through your office to you but due to current COVID-19 lockdown restrictions, I am unable to do so. Kindly accept this open medium as available route for me to easily reach you. I do hope that some of your confidants would read it and call your attention to this message.

2.     In January 2018, the Federal Government recovered $322 million Abacha loot from Switzerland. And the government told us that they spent the whole money on ‘Social Investment’. I am unable to understand what this means in real terms.

3.     The Second recovery was $308 million dollars from Island of Jersey. We were told that this fund was used for construction of Lagos-Ibadan Expressway, and Abuja-Kano Expressway.

4.     The 3rd recovery of $311 is here with us and your government (through Presidential Spokesperson Garba Shehu) tells us that the funds have already been allocated in full to the same Lagos-Ibadan and Abuja-Kaduna-Kano expressways and leftover for the second Niger Bridge.

While I do not contest your constitutional power as my president, I would rather suggest a fair distribution of these recovered monies.

5.     For the records, it is important for all of us to know the source of the billions of dollars that Abacha stole. For avoidance of doubt, this money did not come from Cocoa, it did not come from groundnuts, it was not from cotton, neither was it from tomatoes. The billions that Abacha stole could have come from nowhere else but from Niger Delta oil and my state, Akwa Ibom, produced the highest portion of this oil money.

6.     My President, now that the loot is recovered, I believe that the real owners of these monies should form part to benefit from its allocation and distribution.

7.     Akwa Ibom people are nice, accommodating, peaceful and quiet people. Let these wonderful traits not suffer us to become net losers in your economy into its perpetuity.

8.     My President, it is on record that appointments into critical economic positions have eluded our sons and daughters of Akwa Ibom origin. I have not seen Akwa Ibom represented in the board of NNPC despite the state being the highest producer of oil in Nigeria. We are not in the CBN, Sovereign funds, key Security departments and other federal government owned institutions. Do not allow us to lose all these and Abacha loot comes and is flown over our heads to somewhere else.

9.     We are for a win-win situation my President, kindly authorise: –

i.                    This latest recovered $311 million US dollars to be invested 100% in the completion of the East-West Road.

ii.                  The $3.4 billion IMF loan to be spent on Ibom Deep Seaport construction project in Akwa Ibom State and on the 2nd Niger Bridge. I trust that this IMF loan repayment plan will still be attracted to the interest of the oil that we produce and the economic enterprises of the East.

We are devastated with pollution and land degradation caused by years of oil exploitation. Akwa Ibom people would need life-after-oil and the time to create Infrastructure that guarantees our future is now.

10. My President, do consider this medium and message as a formal communication to the office of the President of Nigeria for his action. My apology in advance should there be any breach of protocol on this matter.

 

Chris  Udoh – FCA

A citizen of Akwa Ibom State