Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

France agrees to return $150m Abacha loot

Credible News by Credible News
November 4, 2023
in Development, Economy, Legal, News
0
0
SHARES
4
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

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

President Bola Tinubu commended France for this decision, and during his meeting with the Minister of Europe and Foreign Affairs of France, Catherine Colonna, he expressed his appreciation for the strengthening of bilateral relations between Nigeria and France, which began after his visit to Paris following 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 said

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.

The €100 million agreement between France and Nigeria to support the i-DICE program, a Federal Government initiative to encourage investment in the creative arts and information and communications technology, was also acknowledged by Tinubu.

At a previous gathering at Tafawa Balewa House, the Federal Ministry of Foreign Affairs’ headquarters, the agreement was signed by the French Minister of Europe and Foreign Affairs and Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Technology.

During her speech, the French minister conveyed President Emmanuel Macron’s goodwill and stated that France is willing to increase mutually beneficial cooperation with Nigeria in a variety of areas.

She then went on to formally invite President Tinubu to the upcoming 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”.

Crediblenews.ng

Tags: Abacha lootAjuri NgelaleBosun TijaniCatherine ColonnaECOWASFranceGeneral Sani Abachai-DICEParisPresident Bola TinubuPresident Emmanuel Macron
Previous Post

Governor Fubara apologises for Rivers crisis

Next Post

ASUU criticizes student loan scheme, citing disadvantages for the poor

Credible News

Credible News

Next Post

ASUU criticizes student loan scheme, citing disadvantages for the poor

NRS Advertisement

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
Bandits kidnap students of Federal University of Gusau

Gunmen kill nine in Plateau State

October 2, 2023
Methodist Church seeks FG’s support on mission schools

Methodist Church seeks FG’s support on mission schools

September 11, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
Borno State Governor Babagana Umara Zulum receives the NNPCL management delegation in Maiduguri.

NNPCL pledges to resume oil exploration in Borno

October 28, 2026
A container truck overturns onto a passenger bus in a fatal crash on Berger Bridge along the Ibeju-Lekki Expressway in Lagos.

Four die as container truck crushes Lagos passenger bus

October 28, 2026
World Bank

World Bank forecasts 23 percent commodity price jump

October 28, 2026
TUC rejects FG’s ₦70,000 transport allowance proposal

TUC rejects FG’s ₦70,000 transport allowance proposal

October 28, 2026

Recent News

Borno State Governor Babagana Umara Zulum receives the NNPCL management delegation in Maiduguri.

NNPCL pledges to resume oil exploration in Borno

October 28, 2026
A container truck overturns onto a passenger bus in a fatal crash on Berger Bridge along the Ibeju-Lekki Expressway in Lagos.

Four die as container truck crushes Lagos passenger bus

October 28, 2026
World Bank

World Bank forecasts 23 percent commodity price jump

October 28, 2026
TUC rejects FG’s ₦70,000 transport allowance proposal

TUC rejects FG’s ₦70,000 transport allowance proposal

October 28, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

Borno State Governor Babagana Umara Zulum receives the NNPCL management delegation in Maiduguri.

NNPCL pledges to resume oil exploration in Borno

October 28, 2026
A container truck overturns onto a passenger bus in a fatal crash on Berger Bridge along the Ibeju-Lekki Expressway in Lagos.

Four die as container truck crushes Lagos passenger bus

October 28, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.