• About
  • Advertise
  • Contact
Tuesday, March 31, 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

FG, Benue, UNHCR Partner To Deliver Life-Saving Support To 100,000 Displaced Persons

Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa

Governor Zulum Dissolves Borno Executive Council

El-Rufai’s Bereavement : Northern Christian Youths Praise President Tinubu, ICPC For Showing Humanity

“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

59 People Killed In Benue Herdsmen Attack On Yelewata –  Gov. Alia
News

FG, Benue, UNHCR Partner To Deliver Life-Saving Support To 100,000 Displaced Persons

March 31, 2026
Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa
National

Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa

March 31, 2026
Governor Zulum Dissolves Borno Executive Council
News

Governor Zulum Dissolves Borno Executive Council

March 30, 2026
Details : Ex-Gov. El-Rufai Faces ICPC Charges Over ₦4.61bln CCTV Deal, $22.47mln Contracts, ₦11bln Light Rail Scam, Others
News

El-Rufai’s Bereavement : Northern Christian Youths Praise President Tinubu, ICPC For Showing Humanity

March 29, 2026
NDLEA Uncovers 237 Wraps Of Cocaine Concealed In Heads Of Stockfish, Arrests Key Suspect
Crime

NDLEA Uncovers 237 Wraps Of Cocaine Concealed In Heads Of Stockfish, Arrests Key Suspect

March 29, 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

Dangote to expand cement operations in Ethiopia

4 years ago
Sanwo-olu Orders Probe Into Death Of Female Medical Doctor At Lagos Hospital

Sanwo-olu Orders Probe Into Death Of Female Medical Doctor At Lagos Hospital

3 years ago
Ibadan Explosion : Koshoedo Sympathises With Oyo Govt., Victims

Oyo Releases N1.3 bln For Payment Of Gratuity To Retired Pry School Teachers, LGs Workers

2 years ago
Friedrich Ebert Stiftung Trains, Graduates 26 Trade Unionists

Friedrich Ebert Stiftung Trains, Graduates 26 Trade Unionists

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

RHFAN Seeks Support For Tinubu’s Renewed Hope Agenda, 35% Affirmative Action For Women In Politics

Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa

NOC Trains 52 Women On Sports Administration To Prepare Them For Leadership Roles

Jos, Kaduna Killings : President Tinubu Orders Manhunt For Perpetrators, Cautions Media, Others Against Misinformation

Governor Zulum Dissolves Borno Executive Council

Farmers Commend Governor Ododo On Cashew Policy

Trending

59 People Killed In Benue Herdsmen Attack On Yelewata –  Gov. Alia
News

FG, Benue, UNHCR Partner To Deliver Life-Saving Support To 100,000 Displaced Persons

by Vital News
March 31, 2026
0

The Federal Government, the Benue State Government and the United Nations High Commissioner for Refugees (UNHCR) have...

NDLEA, US-DEA Move To Strengthen Partnership, Hold Joint Workshop On Narco – terrorism

NDLEA, US-DEA Move To Strengthen Partnership, Hold Joint Workshop On Narco – terrorism

March 31, 2026
26 House Of Reps. Members Defect To APC, ADC, LP, APP

26 House Of Reps. Members Defect To APC, ADC, LP, APP

March 31, 2026
RHFAN Seeks Support For Tinubu’s Renewed Hope Agenda, 35% Affirmative Action For Women In Politics

RHFAN Seeks Support For Tinubu’s Renewed Hope Agenda, 35% Affirmative Action For Women In Politics

March 31, 2026
Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa

Mozambique Deports 40 Nigerians As NIDCOM Urges Calm Over Unfolding Events In South Africa

March 31, 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

  • FG, Benue, UNHCR Partner To Deliver Life-Saving Support To 100,000 Displaced Persons March 31, 2026
  • NDLEA, US-DEA Move To Strengthen Partnership, Hold Joint Workshop On Narco – terrorism March 31, 2026
  • 26 House Of Reps. Members Defect To APC, ADC, LP, APP March 31, 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