Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

Pope Leo says war doesn’t solve problems as US-Israel, Iran tensions escalate

FedEx founder Fredrick Smith dies aged 80

Gunmen abduct bride-to-be, kill her brother hours to wedding in Abia

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»Breaking News»France to return $150m Sani Abacha loot – Presidency
Breaking News

France to return $150m Sani Abacha loot – Presidency

DailyblastBy DailyblastNovember 3, 2023012 Mins Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

The Presidency on Friday said France will return $150 million looted by former Nigerian military leader, General Sani Abacha.

In a statement, the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said President Bola Tinubu commended the European country for the decision.

Related posts:

  1. US returns another $20m Abacha loot to Nigeria
  2. Abacha’s loot: FG, US agree on $23m repatriation
  3. Court orders FG to account for $5billion recovered from Abacha’s loot
  4. Emulate Kenyan officials, confess your sins, apologise and return stolen loot – Archbishop Ignatius Kaigama tells Nigerian politicians

Receiving the Minister of Europe and Foreign Affairs of France, Catherine Colonna, the highly-elated President hailed the strengthening of bilateral relations between Nigeria and France, noting that this progress followed his visit to Paris after his inauguration.

“Thank you for the good news on the return of Abacha loot. We appreciate your effective cooperation concerning the return of Nigeria’s money. It will be judiciously applied in attaining our development objectives,” Tinubu was quoted as saying.

While emphasising the need to reinforce collaboration on both political and economic fronts, the President welcomed the growing cooperation between the two countries in areas of shared interest, such as climate change, economic integration, education, and culture.

Tinubu also acknowledged the signing of a €100 million agreement between Nigeria and France to support the i-DICE programme — a Federal Government initiative to promote investment in Information and Communications Technology (ICT) and Creative Arts Industries.

The agreement was signed by the Minister of Communications, Innovation, and Digital Technology, Dr. ‘Bosun Tijani, and the French Minister of Europe and Foreign Affairs at an earlier event at Tafawa Balewa House, the headquarters of the Federal Ministry of Foreign Affairs.

In her remarks, the French minister conveyed the goodwill of President Emmanuel Macron and expressed France’s readiness to expand mutually beneficial collaboration with Nigeria across multiple sectors.

She proceeded to extend a formal invitation to President Bola Tinubu to attend the forthcoming Paris Peace Forum.

Speaking on the Abacha loot, the French Presidential Envoy said the repatriation followed the completion of legal processes.

“It was a long process, but we are glad that it was concluded. Sometimes, justice may be slow, but this is a very good achievement,” she said.

Colonna also commended President Tinubu’s leadership in handling the affairs of the Economic Community of West African States (ECOWAS), saying: “We support your efforts at ECOWAS. We are behind you because we believe that constitutional order is a treasure for all countries, and democracy must be a reality”.

Post Views: 311
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous Article2.6 million Nigerians may go hungry in 2024 -FAO
Next Article Labour declares nationwide strike November 8 over assault on NLC President Ajaero
Dailyblast

Related Posts

Pope Leo says war doesn’t solve problems as US-Israel, Iran tensions escalate

June 22, 2025

FedEx founder Fredrick Smith dies aged 80

June 22, 2025

Gunmen abduct bride-to-be, kill her brother hours to wedding in Abia

June 22, 2025
Add A Comment

Comments are closed.

Recent Posts
  • Pope Leo says war doesn’t solve problems as US-Israel, Iran tensions escalate June 22, 2025
  • FedEx founder Fredrick Smith dies aged 80 June 22, 2025
  • Gunmen abduct bride-to-be, kill her brother hours to wedding in Abia June 22, 2025
  • Presidency refutes Lamido’s claims on Tinubu’s June 12 role June 22, 2025
  • EFCC arrests governor’s aide for alleged sextortion & cyber bullying June 22, 2025
Top Posts

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,381 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,143 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025652 Views
Latest Reviews
Most Popular

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,381 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,143 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025652 Views
Our Picks

Pope Leo says war doesn’t solve problems as US-Israel, Iran tensions escalate

FedEx founder Fredrick Smith dies aged 80

Gunmen abduct bride-to-be, kill her brother hours to wedding in Abia

© 2025
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.