NIGERIA BREAKING: US Signs Agreement with FG to Return $23m Abacha Loot, Malami Reveals What It’ll Be Used For Tuesday, August 23, 2022 at 5:16 PM by Nurudeen Lawal

The Nigerian government is about to get fresh $23 million, part of the funds looted by the country’s past leaders, including Abacha Nigeria’s AGF, Malami, signed an agreement with the the United States Ambassador to Nigeria, Mary Beth Leonard, to repatriate the loot Before signing the agreement, Malami revealed what Nigeria will use the loot for when finally repatriated

FCT, Abuja – The United States government has signed an agreement with the federal government to repatriate $23 million Abacha loot to Nigeria. The agreement was signed on Tuesday, August 23, at the office of Abubakar Malami, minister of justice and attorney-general of the federation, TheCable reported.
According to The Punch, the AGF signed the agreement on behalf of the Nigerian government while the US Ambassador to Nigeria, Mary Beth Leonard, signed for the government of the United States.

Newspaper stated further that the the sum of $23 million is part of the assets looted by past leaders of Nigeria, including late General Sani Abacha

What repatriated loot will be used for – Malami

AGF Malami, in his speech shortly before signing the agreement, said the recovered assets, which were made possible with the cooperation of the governments of United States and United Kingdom would be used in the infrastructural development of the country.

According to him, efforts were being intensified for the recovery and repatriation of more of the looted assets.

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