NATIONAL Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, has expressed its support for the Federal Government’s decision to pay the $322 million Abacha loot as cash transfer to poor homes, through conditional cash transfers, CCT.

General Secretary of the union, Issa Aremu, in a statement, frowned at the recent call by the National Assembly for the executive arm of government to pay the repatriated monies into the Consolidated Revenue Account and be distributed to the federating units in line with the current revenue sharing formula.

Aremu, who is also a member of the National Executive Council, NEC, Nigeria Labour Congress, NLC, while addressing a workshop on the Provision and Spread of Socio-Economic and Infrastructural Facilities, organised by the Federal Character Commission, FCC, said legislators wrongly compared “like with unlike.”

He noted that the recovered Abacha loot from Switzerland was negotiated to be used for budgeted World Bank-assisted Social Investment Programme, SIP, through cash transfer to the poor.

While hailing all participants and stakeholders that worked to ensure the return of the loot, Aremu called on the National Assembly members to pass the Proceed of Crime Bill before the next general elections in 2019.