• About
  • Advertise
  • Contact
Friday, March 20, 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

TEXT OF THE SPEECH BY PRESIDENT TINUBU AT THE STATE BANQUET IN HIS HONOUR AT WINDSOR CASTLE

NDSF Commends President Tinubu, NSA Ribadu For Niger Delta Wins

Okonjo-Iweala Joins Dangote Group To Mark Women Day, As Staff Celebrate In Abuja, Obajana

Nigeria, Sweden Deepen Ties On Trade, Innovation, Regional Stability

“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

TEXT OF THE SPEECH BY PRESIDENT TINUBU AT THE STATE BANQUET IN HIS HONOUR AT WINDSOR CASTLE
National

TEXT OF THE SPEECH BY PRESIDENT TINUBU AT THE STATE BANQUET IN HIS HONOUR AT WINDSOR CASTLE

March 19, 2026
NDSF Commends President Tinubu, NSA Ribadu For Niger Delta Wins
News

NDSF Commends President Tinubu, NSA Ribadu For Niger Delta Wins

March 19, 2026
Okonjo-Iweala Joins Dangote Group To Mark Women Day, As Staff Celebrate In Abuja, Obajana
Gender

Okonjo-Iweala Joins Dangote Group To Mark Women Day, As Staff Celebrate In Abuja, Obajana

March 17, 2026
Nigeria, Sweden Deepen Ties On Trade, Innovation, Regional Stability
National

Nigeria, Sweden Deepen Ties On Trade, Innovation, Regional Stability

March 17, 2026
Outrage as ActionAid Raises Alarm Over School Bullying, Child Protection Failures
Education

Outrage as ActionAid Raises Alarm Over School Bullying, Child Protection Failures

March 17, 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

2023 Presidential Election Results By Geo- Political Zones

2023 Presidential Election Results By Geo- Political Zones

3 years ago
The Folly Of A War With Iran by Chris Hedges

Israeli Airstrike On Gaza Hospital Kills Four Journalists, 11 Others

7 months ago

Why I Went To Court On Conduct, Outcome of Oyo South APC Senatorial Primary – Soji Akanbi

3 years ago
Benue Assembly Gets New Speaker

Benue Assembly Gets New Speaker

7 months 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 Oyo PDP Police Power refinery rescue road Security students Tinubu troops US
No Result
View All Result

Highlights

NDSF Commends President Tinubu, NSA Ribadu For Niger Delta Wins

Kogi Awards Airport Construction Contract To CCECC

Court Convicts 10 Filipino Sailors, Vessel, Fines Them $6mln For Trafficking 20Kg Cocaine Into Nigeria

Terrorists Invade CRIN, Abduct Four Cocoa Farmers In Ibadan

NSIA, UK’s Asset Green To Establish $496million Dairy Mega-Project In Nigeria

Auchi College Revamp : Okpebholo To Commission Renovation Works April 6 Courtesy Of Class ’91

Trending

2027 : Okpe Union Gives Condition To Support, Vote President Tinubu, Gov. Oborevwori
Politics

2027 : Okpe Union Gives Condition To Support, Vote President Tinubu, Gov. Oborevwori

by Vital News
March 19, 2026
0

A cultural group, Okpe Union has observed that growth and development would continue to elude Okpe Kingdom...

TEXT OF THE SPEECH BY PRESIDENT TINUBU AT THE STATE BANQUET IN HIS HONOUR AT WINDSOR CASTLE

TEXT OF THE SPEECH BY PRESIDENT TINUBU AT THE STATE BANQUET IN HIS HONOUR AT WINDSOR CASTLE

March 19, 2026
WoPU Urges Nigerians’ Support For President Tinubu’s Renewed Hope Agenda

WoPU Urges Nigerians’ Support For President Tinubu’s Renewed Hope Agenda

March 19, 2026
NDSF Commends President Tinubu, NSA Ribadu For Niger Delta Wins

NDSF Commends President Tinubu, NSA Ribadu For Niger Delta Wins

March 19, 2026
Kogi Awards Airport Construction Contract To CCECC

Kogi Awards Airport Construction Contract To CCECC

March 19, 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

  • 2027 : Okpe Union Gives Condition To Support, Vote President Tinubu, Gov. Oborevwori March 19, 2026
  • TEXT OF THE SPEECH BY PRESIDENT TINUBU AT THE STATE BANQUET IN HIS HONOUR AT WINDSOR CASTLE March 19, 2026
  • WoPU Urges Nigerians’ Support For President Tinubu’s Renewed Hope Agenda March 19, 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