The news that France will return $150 million looted by former Nigerian military head of state, General Sani Abacha, has been welcomed by President Bola Tinubu.
In a statement released on Friday, the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, confirmed that Tinubu commended France for their decision to return the money.
Tinubu also expressed his appreciation for the good news, saying that the money will be used judiciously in attaining Nigeria’s development objectives.
The President also acknowledged the growing cooperation between Nigeria and France in areas of shared interest such as climate change, economic integration, education, and culture.
The signing of a €100 million agreement between Nigeria and France to support the i-DICE program was also acknowledged by Tinubu, who hailed it as a Federal Government initiative to promote investment in Information and Communications Technology (ICT) and Creative Arts Industries. The French Presidential Envoy, who spoke on the Abacha loot, said the repatriation followed the completion of legal processes.
