Sani Abacha died on 8 June 1998. He was a Nigerian Army officer and dictator who served as the de facto President of Nigeria from 1993 until his death in 1998. He is also the first Nigerian soldier to attain the rank of a full star General without skipping a single rank.
He is seen as the most enigmatic leader the country has ever had. .
In addition, Abacha took a prominent role in the 1983 Nigerian coup d’état which brought General Muhammadu Buhari to power in 1983, and the August 1985 coup which removed Buhari from power.
On 17 November 1993, Abacha took over from the transitional government – being the Minister of Defence and most senior official – after Chief Ernest Shonekan resigned.
During Abacha’s regime, he established The Petroleum Trust Fund under Decree 25, of which Muhammadu Buhari; a former military president, chaired. It was inaugurated on the 25th March 1995. The PTF was formed to undertake major economic issues which Nigeria was suffering from at the time. .
Contrary to many views that the Abacha administration was financially shrouded in secrecy, Abacha had mandated the PTF to publicise its accounts as it was the second largest public corporation at the time.
In 1997, the account of PTF showed that it disbursed N24.3bn on roads, N21.2bn on security, N7.8bn on health, and N3bn on other projects. Other disbursements include N2.2bn on water supply, N936m on food supply and N476m on education. It realised a total of N1.049bn from various investment activities.
Between 1993 and 1998, during his presidency, the country cracked-down heavily on insecurity.