• About
  • Advertise
  • Contact
Thursday, November 13, 2025
  • 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

Ogun Targets N500bln IGR To Finance 2026 Budget

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

Our National Convention Will Go On As Scheduled On Saturday — PDP

“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

Ogun Targets N500bln IGR To Finance 2026 Budget
Economy

Ogun Targets N500bln IGR To Finance 2026 Budget

November 12, 2025
Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization
Business

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

November 12, 2025
Three PDP, ADC House Of Assembly Members Defect To APC In Kogi
News

Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

November 12, 2025
PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South
News

Our National Convention Will Go On As Scheduled On Saturday — PDP

November 12, 2025
‎IMPI Welcomes First Interest Rate Cut In Five Years, Says CBN Decision Aligns With Its Projection
News

IMPI Reviews Tinubu’s Record Military Assets Acquisition In 18 Months From US

November 11, 2025
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

REVEALED : How Aso Rock Cabal Misled Buhari Into Fuel, Naira Crises Over Plot To Make Atiku President

Buhari Summons Emergency Meeting Of National Council of State Over Fuel, Naira Crises

3 years ago
Bandits Shot Dead 3 Policemen At Zamfara Checkpoint

Police Bust Syndicate Kidnapping, Selling Children , Rescue 7 Children From Lagos, Enugu

2 years ago
Abiodun’s Economic Policies Has Positioned Ogun As Model Hub for Industries, Logistics, Knowledge – Okubadejo

Abiodun’s Economic Policies Has Positioned Ogun As Model Hub for Industries, Logistics, Knowledge – Okubadejo

2 years ago

400 Nigerian Deportees From UAE Arrive Abuja

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 gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Our National Convention Will Go On As Scheduled On Saturday — PDP

IMPI Reviews Tinubu’s Record Military Assets Acquisition In 18 Months From US

ECCIMA Applauds FG’s “Nigeria First” Policy, Says 15% Import Tax On PMS And Diesel Will Boost Jobs, Economic Growth

Bandits Kidnap Six Directors Of Ministry Of Defence In Kogi

Dangote Fertiliser Limited Partners German’s thyssenkrupp Uhde To License Four Urea Granulation Units In Nigeria

Hausa Community In Warri LGs Confers Madugu Title On Hon. Thomas Ereyitomi

Trending

Ogun Targets N500bln IGR To Finance 2026 Budget
Economy

Ogun Targets N500bln IGR To Finance 2026 Budget

by Vital News
November 12, 2025
0

The Ogun State Government has set an ambitious target of generating ₦500 billion in Internally Generated Revenue...

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization

November 12, 2025
Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

Three PDP, ADC House Of Assembly Members Defect To APC In Kogi

November 12, 2025
PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South

Our National Convention Will Go On As Scheduled On Saturday — PDP

November 12, 2025
‎IMPI Welcomes First Interest Rate Cut In Five Years, Says CBN Decision Aligns With Its Projection

IMPI Reviews Tinubu’s Record Military Assets Acquisition In 18 Months From US

November 11, 2025
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

  • Ogun Targets N500bln IGR To Finance 2026 Budget November 12, 2025
  • Dangote Unveils New Sugar Pack Sizes At Lagos Trade Fair, Recommits To Nigeria’s Full Industrialization November 12, 2025
  • Three PDP, ADC House Of Assembly Members Defect To APC In Kogi November 12, 2025

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