• About
  • Advertise
  • Contact
Tuesday, April 14, 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

Türkiye Delivers 36 Tons Of Lifeline Food Aid To Displaced Nigerians In Adamawa

Vatican Appoints Bishop Ernest Obodo Apostolic Administrator Of Abakaliki Diocese

Activities Marking 2026 Ovia Osese Cultural Festival In Ogori Begin With Praise Night April 12

NIS Goes Tough on Alleged Extortion At Lagos-Seme Border, Suspends Controllers, Orders Probe

“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

Türkiye Delivers 36 Tons Of Lifeline Food Aid To Displaced Nigerians In Adamawa
National

Türkiye Delivers 36 Tons Of Lifeline Food Aid To Displaced Nigerians In Adamawa

April 13, 2026
Vatican Appoints Bishop Ernest Obodo Apostolic Administrator Of Abakaliki Diocese
News

Vatican Appoints Bishop Ernest Obodo Apostolic Administrator Of Abakaliki Diocese

April 13, 2026
Activities Marking 2026  Ovia Osese Cultural Festival In Ogori Begin With Praise Night April 12
Culture

Activities Marking 2026 Ovia Osese Cultural Festival In Ogori Begin With Praise Night April 12

April 11, 2026
NIS Goes Tough on Alleged Extortion At Lagos-Seme Border, Suspends Controllers, Orders Probe
Crime

NIS Goes Tough on Alleged Extortion At Lagos-Seme Border, Suspends Controllers, Orders Probe

April 10, 2026
Terrorists Invade CRIN, Abduct Four Cocoa Farmers In Ibadan
News

Bandits Kill Five Forest Guards in Midnight Attack On Kwara Mobile Police Camp

April 10, 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

Late Governor Rotimi Akeredolu’s Body Arrives Nigeria

Late Governor Rotimi Akeredolu’s Body Arrives Nigeria

2 years ago
You Are The Link To Nigeria’s Development And Prosperity – Tinubu Tells State Governors

You Are The Link To Nigeria’s Development And Prosperity – Tinubu Tells State Governors

1 year ago

NewsFlash : NFF finally sacks Rohr, names Eguavoen interim Coach

4 years ago
Former President Obasanjo,  Not An Ideal Leader To Emulate – Presidency

Former President Obasanjo, Not An Ideal Leader To Emulate – Presidency

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
  • 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 PDP Police Power refinery rescue road Security students Tinubu troops US Women
No Result
View All Result

Highlights

2027 : APC Announces Senator Olamilekan Adeola As Consensus Governorship Candidate In Ogun

NHRC Worries Over Increasing Frequency, Coordination, Geographic Spread Of Banditry Attacks

Türkiye Delivers 36 Tons Of Lifeline Food Aid To Displaced Nigerians In Adamawa

Nigeria Emerges Net Petrol Exporter, Earns Fresh Forex As Dangote Refinery Powers Historic Shift

ADC Factional Bloc Finally Secures Abuja Venue For National Convention

Vatican Appoints Bishop Ernest Obodo Apostolic Administrator Of Abakaliki Diocese

Trending

World Bank’s 4.4% Growth Projection For Nigeria’s Economy, More Realistic Than Previous Forecasts – TMSG
Oil & Gas

Experts Fault World Bank’s Call On Nigeria To Deepen Fuel Importation, Fully Liberalize Downstream Sector

by Vital News
April 14, 2026
0

Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and...

Man Kills Three Siblings In Ondo

Police Arrests 33 Suspects In Connection With November 20, 2025, Attack On Christ Apostolic Church, Eruku, Kwara State

April 14, 2026
Man Arrested For Attempting To Smuggle Hard Drugs Into Ilorin Custodial Centre, Handed Over To NDLEA

Man Arrested For Attempting To Smuggle Hard Drugs Into Ilorin Custodial Centre, Handed Over To NDLEA

April 14, 2026
2027 : APC Announces Senator Olamilekan Adeola As Consensus Governorship Candidate In Ogun

2027 : APC Announces Senator Olamilekan Adeola As Consensus Governorship Candidate In Ogun

April 13, 2026
Rights Commission  Demands End To Killings, Urges FG To Prosecute Perpetrators

NHRC Worries Over Increasing Frequency, Coordination, Geographic Spread Of Banditry Attacks

April 13, 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

  • Experts Fault World Bank’s Call On Nigeria To Deepen Fuel Importation, Fully Liberalize Downstream Sector April 14, 2026
  • Police Arrests 33 Suspects In Connection With November 20, 2025, Attack On Christ Apostolic Church, Eruku, Kwara State April 14, 2026
  • Man Arrested For Attempting To Smuggle Hard Drugs Into Ilorin Custodial Centre, Handed Over To NDLEA April 14, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • 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