President
Muhammadu Buhari Wednesday in Abuja urged the World Bank to do all within its
powers to facilitate the speedy repatriation to Nigeria all stolen funds still
being held by Swiss authorities.
President
Buhari also assured the World Bank Managing Director that his administration
will honour all agreements with the Bank that will help to stimulate Nigeria’s
economy and reduce the level of poverty in the country.
‘‘We will
strongly support you to create jobs and ensure prosperity in Nigeria,’’ the
World Bank Managing Director assured President Buhari.
Sri
Mulyani Indrawati, President Buhari said that the repatriation of the
additional $320 million US dollars in Switzerland, which has been identified as
illegally taken from Nigeria under the Abacha administration, will help to ease
the current economic hardship facing the country.
Indrawati
told President Buhari that the World Bank was ready to use its knowledge,
expertise and resources to help Nigeria achieve faster growth and development.
One of the
conditions given by the Swiss Authorities for the repatriation of the funds is
that it should be expended on the implementation of social programmes for the
benefit of the Nigerian people in an efficient and accountable way, guaranteed
by the monitoring of the World Bank.
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