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How former Gov. Aliyu, Nasko squander state funds

It has now been revealed how former governor Babangida Aliyu of Niger state along aside his chief of state, Nasko, the PDP gubernatorial candidate in the 2015 general for allegedly abuse of office and money laundering.

According to agency source in the anti-graft agency: “Specifically, the Chief Servant, as he was called in his days as governor, is alleged to have diverted N2 billion Ecological Funds for political purposes.

“He is also alleged to have fraudulently sold the state’s stake in North South Power, the holding company for Kainji Dam. About 16 per cent of the state’s 26 per cent shares in the company was sold for N3.6 billion.

“Of this, N1.090 billion was paid to the Government House and used for the 2015 elections, where Aliyu’s protégé, Nasko, ran unsuccessfully as governor.”

“Three companies were said to have benefited from the heist through contract awards. Among them a company that is owned by a former government official, which allegedly got a contract for which it was paid N847 million.

“Of this sum N800m was allegedly given to a former chief of staff who allegedly handed the money to the former governor.”

A company /owned by a friend to Ibrahim Nasko, younger brother to a former Chief of Staff, Umar Nasko got N487m for a contract.

“The money was paid to various Bureau de Change, converted into dollars and handed to the former Chief of Staff, Nasko who also delivered the money to Babangida Aliyu,” the official said, pleading not to be named because he is not allowed to talk to the press.

According to the Agency report, the ongoing probe of the ex-governor has nothing to do with the petition to the EFCC by the Niger State Government on a N2.9 billion loan obtained in the twilight of his tenure.

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