• About
  • Advertise
  • Contact
Sunday, May 17, 2026
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home National

France Returns Another Tranche Of $150million Abacha Loot, Tinubu Promises Judicious Use

Vital News by Vital News
November 3, 2023
in National, News
0
Tinubu Congratulates Akpabio, Abbas , Says It is time for Business of Governance
Share on FacebookShare on Twitter

President Bola Tinubu, on Friday in Abuja, expressed his appreciation to France for returning another tranche of $150 million stolen from Nigeria by former Head of State, General Sani Abacha.

In addition to the recovery of another tranche of Abacha loot, the President acknowledged the signing of a €100 million agreement between Nigeria and France.

The €100 million is to support the i-DICE programme — a Federal Government initiative to promote investment in Information and Communications Technology (ICT) and Creative Arts Industries.

The agreement was signed by Dr. ‘Bosun Tijani, the Minister of Communications, Innovation and Digital Technology, and the French Minister of Europe and Foreign Affairs, at an earlier event at Tafawa Balewa House, the headquarters of the Federal Ministry of Foreign Affairs.

President Tinubu commended the strengthening of bilateral relations between Nigeria and France, noting that this progress followed his visit to Paris after his inauguration.

RelatedStories

DHQ Says No Ambiguity In Identity Of Abu-Bilal Al-Minuki, Top Terrorist Commander Killed In Joint Operation

President Tinubu Arrives Lagos After France, Kenya, Rwanda Tour

NHRC Demands Answers As Civilian Deaths From Military Airstrikes Trigger Fresh Outrage

Association Raises Alarm As Number Of Nigerian Children In Orphanages, Motherless Homes Hits Over 14 million

“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,” the President told Catherine Colonna, the Minister of Europe and Foreign Affairs of France, who delivered the news.

The President, while emphasising the need to reinforce collaboration on both political and economic fronts, welcomed the growing co-operation between the two countries in areas of shared interest, such as climate change, economic integration, education, and culture.

On the situation in Niger Republic, President Tinubu, who is the Chairman of the ECOWAS Authority of Heads of State and Government, said Nigeria is monitoring the situation in the neighbouring country, and exploring diplomatic channels to avoid bloodshed.

“Leadership is about responding to the needs of the people; their cries, and their frustrations.

“Nigeria shares a border with Niger across the expanse of seven Nigerian states, and most of these states are very populated.

“Therefore, I need to guide ECOWAS carefully and steadily so that we manage our anger carefully.

”We have a colleague and a democratically-elected leader, President Bazoum, being used as a human shield. If we are not careful, he and his family can be endangered.

”I am deploying all appropriate back-channel strategies to avoid bloodshed in Niger Republic.

“We recognise the wishes of our people; they do not want war, but that does not mean we can not take bold and decisive action,” the President affirmed.

President Tinubu said Nigeria will continue to galvanize international partners in the determined pursuit of a peaceful resolution to the situation in Niger Republic.

The French Minister of Europe and Foreign Affairs conveyed the goodwill of President Emmanuel Macron and expressed the readiness of France to expand mutually beneficial collaboration with Nigeria across multiple sectors.

She proceeded to extend a formal invitation to President Bola Tinubu to attend the forthcoming 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.

Ms. Colonna also commended President Tinubu’s leadership in 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.”
(vitalnewsngr.com)

 

 

Tags: AbachaFrancelootNigeria
Previous Post

Kogi Guber Poll : Ododo Will Further Elevate New Direction Legacies – Bello

Next Post

Busola Oke Eleyele Ready With Yuletide Release, Tagged “Bowl Of Praise”

Vital News

Vital News

RelatedStories

Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja
National

DHQ Says No Ambiguity In Identity Of Abu-Bilal Al-Minuki, Top Terrorist Commander Killed In Joint Operation

May 17, 2026
President Tinubu Departs Abuja On Three- Nation Tour Of France, Kenya, Rwanda May 2
National

President Tinubu Arrives Lagos After France, Kenya, Rwanda Tour

May 15, 2026
Rights Commission  Demands End To Killings, Urges FG To Prosecute Perpetrators
Aviation

NHRC Demands Answers As Civilian Deaths From Military Airstrikes Trigger Fresh Outrage

May 14, 2026
Association Raises Alarm As Number Of Nigerian Children In Orphanages, Motherless Homes Hits Over 14 million
News

Association Raises Alarm As Number Of Nigerian Children In Orphanages, Motherless Homes Hits Over 14 million

May 14, 2026
FG Targets Pension Funds, Capital Markets To Close Nigeria’s $2.3trillion Infrastructure Gap
National

FG Targets Pension Funds, Capital Markets To Close Nigeria’s $2.3trillion Infrastructure Gap

May 14, 2026
Next Post
Busola Oke Eleyele Ready With Yuletide Release, Tagged “Bowl Of Praise”

Busola Oke Eleyele Ready With Yuletide Release, Tagged "Bowl Of Praise"

Bello Releases N497mln For Payment Of 2023 WAEC Fees Of 15,033 Students

Bello Releases N497mln For Payment Of 2023 WAEC Fees Of 15,033 Students

Dredging Ogun River Will Curb Flooding At Isheri – Abiodun

Dredging Ogun River Will Curb Flooding At Isheri - Abiodun

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Deeper Life Church Pastor hacked to death in Kogi

4 years ago
NJC Formally Recommends Kudirat Kekere-Ekun For Appointment As Chief Justice of Nigeria

NJC Formally Recommends Kudirat Kekere-Ekun For Appointment As Chief Justice of Nigeria

2 years ago

Nigeria goes tough with sexual offenders, convicts 110, arraign 327 others

4 years ago
President Tinubu Applauds Catholic Church Commitment To Education, Healthcare

President Tinubu Applauds Catholic Church Commitment To Education, Healthcare

1 year ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu troops US
No Result
View All Result

Highlights

Oyo APC Reps Primaries Peaceful, Transparent — Alabi, Election Committee Chairman

Abductors Of Pupils, Teachers Of Oyo Schools Trapped In National Park, Government Says, Confirms Killing Of Teacher, Motorcyclist

Abiodun Participates In APC Primaries, Commends Peaceful Conduct

INEC Confirms Submission Of Membership Registers By 22 Political Parties

President Tinubu Confirms Killing Of ISIS Leader, Abu Bilal Al-Manuk In Nigeria, Thanks President Trump

President Tinubu Arrives Lagos After France, Kenya, Rwanda Tour

Trending

Security

Oyo Schools Attack : Terrorists Release Video Of Abducted Principal Begging Tinubu, Makinde, CAN, Well Meaning Nigerians For Help

by Vital News
May 17, 2026
0

Terrorists that kidnapped the Principal, teachers and pupils of LA School, Ahoro-Esinele, and Community Grammar School, Ahoro-Esinele,...

Man Kills Three Siblings In Ondo

Police Confirm, Mourn 17 Officers Killed By Terrorists In Yobe

May 17, 2026
Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja

DHQ Says No Ambiguity In Identity Of Abu-Bilal Al-Minuki, Top Terrorist Commander Killed In Joint Operation

May 17, 2026
President Tinubu, Osifo To Slug It Out As APC Adopts Direct Primary for 2027 Presidential Ticket

Oyo APC Reps Primaries Peaceful, Transparent — Alabi, Election Committee Chairman

May 16, 2026
Terrorists Invade CRIN, Abduct Four Cocoa Farmers In Ibadan

Abductors Of Pupils, Teachers Of Oyo Schools Trapped In National Park, Government Says, Confirms Killing Of Teacher, Motorcyclist

May 16, 2026
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Oyo Schools Attack : Terrorists Release Video Of Abducted Principal Begging Tinubu, Makinde, CAN, Well Meaning Nigerians For Help May 17, 2026
  • Police Confirm, Mourn 17 Officers Killed By Terrorists In Yobe May 17, 2026
  • DHQ Says No Ambiguity In Identity Of Abu-Bilal Al-Minuki, Top Terrorist Commander Killed In Joint Operation May 17, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In