Who Benefits From Ibori’s Loot? As UK Returns £4.2m

James Ibori

The federal government have had to cash out on behalf of Nigerians Abacha loots and other recovered loots by EFCC. Former Delta State Governor, James Ibori is set to make the Nigerian government richer again but obviously not Deltans whose Common wealth was stolen.

The United Kingdom is set to return £4.2m (N2.2bn) seized from the convicted former Governor and his associates.

The Attorney-General of the Federation, Abubakar Malami, said this while delivering his speech on Tuesday at the signing ceremony of the Memorandum of Understanding between Nigeria and the UK regarding the return and management of stolen assets recovered from the former Governor and his cronies.

However, when state government officials are convicted and their stolen funds repatriated, who should benefit from it? The federal government or the state government? The current federal structure which allows the federal government to become the generalismo of all entities currently subsumes the will of the states and as such, Deltans may never get the share of their returned loot courtesy of one of their illustrious sons or prodigal.

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