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Ibori’s Loot: Use 60 Percent Of Funds To Develop Delta – Group

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The Delta Economic Literacy, Budget and Accountability for Good Governance, (DELBAG) has called on the Federal Government to channel 60 percent of the repatriated 4.2 million pounds reportedly looted by a former governor of Delta state, Chief James Onanefe Ibori, for the develop of the state.

DELBAG stateed this at a press briefing held in Warri.

In a three point position read by Nohwo Fred, Chief Monday Itoghor, Martha Onose and others noted that Chief James Onanefe Ibori is a citizen of Delta State.

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The group however advocated that sixty percent of the returned loot be used in developing Delta State.

DELBAG also urged the Federal Government of Nigeria to urgently set a Committee comprising all relevant stakeholders(Federal, State and Community leaderships) for the proper planning, execution and monitoring of the approved projects.

DELBAG also appealed that 60% be used for development or laudable projects in Delta State.

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It also expressed the hope that the Federal Government will do the needful in the administration of the looted funds.

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