Politics

VIDEO: Abacha didn’t loot any penny, best president Nigeria ever had – Buba Galadima

Buba Galadima, a former ally of President Muhammadu Buhari, said Abacha was Nigeria’s best president and never looted a penny.

Galadima made this assertion in an interview with Untold Stories, noting that the past military head of state is so far the best President Nigeria has had.

Galadima said Abacha did well in infrastructural projects, noting that throughout his four years plus reign, the dollar-to-naira rate was N84, and the fuel price never changed.

His response reads, “I have answered this question severally. For me, Abacha was the best President that Nigeria ever had because he held this country like this. And Abacha built the Federal Secretariat, National Assembly, and several others

“Throughout Abacha’s 4 years plus, the dollar was N84, fuel never changed, you can plan for your business.

“Which of these leaders can beat his chest to say the dollar remains the same for six months?,””Galadima stated.

When asked about Abacha’s looting, Buba Galadima said Abacha didn’t loot any penny. The interviewer asked if he stored money abroad then.

Also read: Kaduna senator, Usman lauds security forces for successful rescue operation

In response, he said, “I was part of the government, and I knew how much I left in the government’s coffers, which were wiped out in two months after Abacha’s regime.”

He further explains why several returns from different countries claim to be looted funds from Abacha.

“The so-called Abacha loot, Abacha was advised by Saddam Hussein, to establish dummy companies around the world not linked to you, gather as much money that you can that can serve your country’s import for at least 6 months,  because there were several sanctions by the West.

Abacha followed the advice and deposited the money in different countries for importation purposes, and the money was not recorded in Abacha’s name.

“The money was never recorded in Abacha’s name,” he said.

 

Rachael Omidiji

Recent Posts

Boundary dispute won’t strain historical, cultural bond between Oyo, Osun — Makinde

Oyo State Governor, Engr. Seyi Makinde, has assured that the boundary dispute will not strain…

3 minutes ago

Oborevwori urges Delta youths to join Army, paramilitary services

Oborevwori assured that the state government would provide buses at strategic locations across the three…

5 minutes ago

SSANU tasks AGF on payment of workers’ salaries, threatens industrial action

"It is regrettable that, since our exit from IPPIS, the salaries of our members are…

14 minutes ago

2026: APC groups insist on zoning of party ticket to Osun West

Hundreds of youths, women, and men within the All Progressives Congress (APC) party converged in…

16 minutes ago

FG’s strategic support boosting NAF operations — CAS Abubakar

“These acquisitions will further expand the service’s capacity to execute complex missions and maintain momentum…

36 minutes ago

FG signs financing pact for $158m value chain programme in Northern Nigeria

The Federal Government and IFAD have signed a $158.15m financing agreement to launch the Value…

50 minutes ago

Welcome

Install

This website uses cookies.