Abacha grew Nigeria’s foreign reserves from N200m to $9b before he died – Fmr aide, Al Mustapha

Major Hamza Al-Mustapha, the ex-Chief Security Officer to late Gen. Sani Abacha, has hailed the late Military Head of State for his alleged good deeds for Nigeria.

Al-Mustapha said Abacha had revamped and stabilized Nigeria’s ailing economy before his demise. Speaking at the 22nd commemoration of Abacha’s death in Kano, on Monday, Mustapha insisted that the late Head of State saved over $9 billion in foreign reserves before he died.

He maintained that during the regime of the late Head of State, one dollar was sold at only N85, adding that there was no inflation despite all the problems and challenges confronting the government, then.

According to the former presidential aide: “What Abacha has done to Nigeria can’t be forgotten in the annals of history and generations yet unborn. “Abacha came in and found only N200m dollars in the foreign reserve but before his demise was able to revamp the economy and stabilise it to the extent that he saved over $9bn in foreign reserves.

“Only God will reward General Sani Abacha for the laudable initiative he made in transforming this country to an enviable height.” In the past few years, several billions of Naira stashed in banks in the UK and the US, have been linked to the late Head of State. Some of the huge sums have been repatriated to Nigeria.

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