Nigeria and the United States government have reached an agreement on the return of over $23 million looted by late military dictator, Sani Abacha.
This followed the signing of an agreement by the governments on Tuesday.
The agreement was signed at the office of the Minister of Justice and Attorney-General of the Federation, Abubakar Malami, on Tuesday.
READ ALSO: UK recovers $23m Abacha loot after 7 years of litigation
Malami signed on behalf of the Nigerian government, while the U.S Ambassador to Nigeria, Mary Beth Leonard, signed on the behalf of the United States government.
The AGF said the fund, when returned, would be invested in three ongoing projects by the Federal Government, including the ongoing Abuja-Kaduna road and the 2nd Niger Bridge.
Abacha ruled Nigeria from 1993 until his death in 1998, a period during which he stole up to $5 billion of public money, according to Transparency International.
The late military dictator was never charged.
Wife of Senator Solomon Olamilekan Adeola, Temitope Adeola, has charged APC women in Ogun State…
Nollywood filmmaker Funke Akindele has revealed that her blockbuster, Everybody Loves Jenifa, was the most…
Security operatives have rescued eight persons abducted around Millennium City and Maraban Rido in Kaduna…
Food security: FG offers 40 universities, polytechnics N2bn eac The Federal Government has offered 40…
LUS President Donald Trump has announced plans to end a 10-year military assistance agreement that…
The Federal Government has commenced N50,000 relief payments to vulnerable Nigerians under its National Emergency…
This website uses cookies.