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HomeEconomyUS Government Signs agreement with Nigeria to Return $23m Abacha Loot

US Government Signs agreement with Nigeria to Return $23m Abacha Loot

United States government and Nigerian government have reached an agreement on the return of over $23 million of the Abacha loot.

The agreement signing ceremony was held in the office of the Minister of Justice and Attorney General of the Federation, Mr. Abubakar Malami on Tuesday.

Mr. Malami signed on behalf of the Nigerian government, while the U.S Ambassador to Nigeria, Mary Beth Leonard signed on the behalf of the U.S government.

According to Mr Malami, the fund when returned will be invested in three ongoing projects by the Federal Government, including the ongoing Abuja-Kaduna road and the 2nd Niger Bridge.

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