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France To Repatriate $150 Million Abacha Loot To Nigeria

On Friday, the French Government declared its intent to repatriate $150 million from the late General Sani Abacha’s funds.

Since the passing of Abacha, who served as Nigeria’s military leader from 1993 to 1998, the nation has successfully repatriated hundreds of millions of dollars stashed abroad.

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In addition to recovering the Abacha loot, the President acknowledged a €100 million agreement between Nigeria and France to support the i-DICE program.

On Friday, the French Government declared its intent to repatriate $150 million from the late General Sani Abacha’s funds.

Ajuri Ngelale, the special adviser to the president on media and publicity, conveyed this development in a statement issued on Friday after a meeting between President Bola Tinubu and Catherine Colonna, the French Minister of Europe and Foreign Affairs.

Since the passing of Abacha, who served as Nigeria’s military leader from 1993 to 1998, the nation has successfully repatriated hundreds of millions of dollars stashed abroad.

President Bola Tinubu conveyed his gratitude to France for the repatriation that had been embezzled from Nigeria by the former Head of State.

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,” he stated.

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