Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • NEWS POINT NIGERIA Special: England Face Messi’s Argentina For Place In World Cup Final
    • Nigeria’s Inflation Drops Slightly To 15.91% In June, Says NBS
    • Court Orders Permanent Forfeiture Of 57 Properties Worth N212.8bn Linked To Malami
    • Final Evacuation Flight Lands In Lagos With 308 Nigerians From South Africa
    • Senate Donates ₦50m To Families Of Victims Of Oyo School Abduction
    • Gunmen Invade Kogi School During NECO Exam, Abduct Principal, Supervisor, Students
    • ‘We Must Forgive Ourselves,’ Kwankwaso Calls For Northern, South-East Unity
    • NBC Targets 40 Million Homes, Unveils Plan For 100 Free TV Channels Nationwide
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      Nigeria’s Inflation Drops Slightly To 15.91% In June, Says NBS

      July 15, 2026

      Court Orders Permanent Forfeiture Of 57 Properties Worth N212.8bn Linked To Malami

      July 15, 2026

      Final Evacuation Flight Lands In Lagos With 308 Nigerians From South Africa

      July 15, 2026

      Senate Donates ₦50m To Families Of Victims Of Oyo School Abduction

      July 15, 2026

      Gunmen Invade Kogi School During NECO Exam, Abduct Principal, Supervisor, Students

      July 15, 2026
    • COLUMN

      Who Teaches A Girl To Be A Woman – By Boma West

      July 15, 2026

      Of Banditry And A Shared Sovereignty (2) – By Dr Hassan Gimba

      July 13, 2026

      The Battle Before The 2027 Ballots – By Dr Dakuku Peterside

      July 13, 2026

      Illegal Mining As Fuel For Kidnapping In Nigeria – By Kazeem Akintunde

      July 13, 2026

      FIFA World Cup: Ten Lessons Africa Must Learn From Europe – By Martins Oloja

      July 13, 2026
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Israel Attacks Children, Hospitals In bloody Week In Gaza

      July 15, 2026

      Trump Meets Iraq Prime Minister at White House, Promises ‘Lot Of Deals’

      July 15, 2026

      US, Iran Exchange Heavy Attacks Around Strait Of Hormuz

      July 14, 2026

      Tension Rising As Yemen Government Attacks Sanaa Airport, Houthis Fire Missiles

      July 14, 2026

      Concern For Renewed War In Iran As US Attacks Military, Civilian Targets

      July 13, 2026
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      Tuggar Vs Pate: Two Ministers, One Seat, And A Defining Political Test For Bauchi 2027

      March 22, 2026

      ADC Leadership Crisis Deepens As Bala Writes INEC To Sack David Mark, Aregbesola

      March 22, 2026

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024
    • SPORTS

      Champions Super Falcons Gear Up For WAFCON, Schedule Friendly Against Ghana

      July 15, 2026

      Man United Complete £48m Signing Of Chelsea’s Santos, Close In On Villa’s Tielemans

      July 14, 2026

      ‘The Boys Are Ready To Do Everything For Him’, Moses Simon Backs Chelle To Stay

      July 14, 2026

      Senegal Sack Coach Pape Thiaw After Dramatic World Cup Exit

      July 13, 2026

      Super Eagles Goalkeeper Nwabali Returns To Chippa United Five Months After Exit

      July 13, 2026
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - Alleged Abacha Loots Meant For Economic Empowerment, Al-Mustapha Reveals

    Alleged Abacha Loots Meant For Economic Empowerment, Al-Mustapha Reveals

    By Sadiq AbdullateefJune 13, 2025
    Hamza Almustapha

    RETIRED Major Hamza Al-Mustapha, former Chief Security Officer to late Head of State General Sani Abacha, has refuted claims that the funds recovered by the Nigerian government were personal loots of the late general.

    NEW UBA

    In an interview with the BBC Hausa Service on Democracy Day, monitored by our correspondent, Al-Mustapha asserted that the funds were intended as an economic empowerment initiative to support indigenous entrepreneurs and provide affordable goods and services, similar to Libya’s economic model under sanctions.

    NNAMDI

    He challenged anyone to present documents signed by Abacha linking the funds to his personal bank accounts.

    Ad 19
    Ad 20

    “The money was not deposited in Abacha’s name,” he said firmly.

    Al-Mustapha claimed that after Abacha’s death, some beneficiaries of the initiative either diverted or withheld the funds, which are now being wrongly branded as ‘Abacha loot’.

    He also addressed long-standing allegations surrounding Abacha’s death, drawing parallels with the mysterious demise of MKO Abiola, the presumed winner of the June 12, 1993, presidential election.

    He cited abnormal swelling of the heart and chest in both men as indicators of suspicious circumstances.

    On opposition coalition, he said, ‘I don’t want to be part of anything that will hurt Nigeria in the future, therefore, I don’t want to be part of this political coalition because I don’t think its meant for the betterment Nigeria and Nigerians.

    “At the right time, you will all get to see a good opposition that will defeat the ruling party at the polls”.

    Nigerian TAX Reform - Federal Goverment

    Also reaffirming his political ambition, Al-Mustapha declared his intention to contest the 2027 presidential election, stating that his bid this time is “serious and unwavering.”

    National Orientation Agency Page UP
    Abacha Loot Al-Mustapha Nigeria's Economy
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Nigeria’s Inflation Drops Slightly To 15.91% In June, Says NBS

    July 15, 2026

    Court Orders Permanent Forfeiture Of 57 Properties Worth N212.8bn Linked To Malami

    July 15, 2026

    Final Evacuation Flight Lands In Lagos With 308 Nigerians From South Africa

    July 15, 2026

    Senate Donates ₦50m To Families Of Victims Of Oyo School Abduction

    July 15, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    NEWS POINT NIGERIA Special: England Face Messi’s Argentina For Place In World Cup Final

    July 15, 2026

    Nigeria’s Inflation Drops Slightly To 15.91% In June, Says NBS

    July 15, 2026

    Court Orders Permanent Forfeiture Of 57 Properties Worth N212.8bn Linked To Malami

    July 15, 2026

    Final Evacuation Flight Lands In Lagos With 308 Nigerians From South Africa

    July 15, 2026

    Senate Donates ₦50m To Families Of Victims Of Oyo School Abduction

    July 15, 2026
    Advertisement
    News Point NG
    © 2026 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp