• About
  • Advertise
  • Contact
Tuesday, August 4, 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

President Tinubu Approves Salary Increases For Armed Forces Personnel

‎ANA Kogi Sets October For Yusuf Ali Literary Contest, Intensifies Convention Preparations

Ogun Approves Construction Of 450-housing Units For Lawmakers, Strategic Roads, Re-construction Of Governor’s Lodge In Abuja

Malaria : The Preventable Killer We Must No Longer Ignore By Nosimot Soneye

“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

President Tinubu Approves Salary Increases For Armed Forces Personnel
National

President Tinubu Approves Salary Increases For Armed Forces Personnel

August 4, 2026
‎ANA Kogi Sets October For Yusuf Ali Literary Contest, Intensifies Convention Preparations
Education

‎ANA Kogi Sets October For Yusuf Ali Literary Contest, Intensifies Convention Preparations

August 2, 2026
66 Hearty Cheers For Dapo Abiodun, The People’s Governor
News

Ogun Approves Construction Of 450-housing Units For Lawmakers, Strategic Roads, Re-construction Of Governor’s Lodge In Abuja

August 2, 2026
Malaria : The Preventable Killer We Must No Longer Ignore By Nosimot Soneye
Health

Malaria : The Preventable Killer We Must No Longer Ignore By Nosimot Soneye

August 2, 2026
In Lagos, NDLEA Intercepts 750grams Of Cocaine Concelead In Local Mortar, Backpack
Crime

NDLEA Intercepts 750grams Of Cocaine Concelead In Local Mortar, Backpack

August 2, 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

Army Redeploys Alabi, GOC 1 Division Over Killing Of 36 Officers, Soldiers

DHQ Confirms Killing Of 86 Terrorists, Arrest Of 101 Others By Troops

3 years ago
Resist Ethnic, Religious Sentiments, Obi Urges Kwara Voters

Resist Ethnic, Religious Sentiments, Obi Urges Kwara Voters

3 years ago

Kwara Community Mourns Over Discovery Of Decomposing Body Of Nursing Mother

3 years ago
Kogi APC Women Professionals Stage “Thank You Walk”,  Commend Peaceful Conduct Of Elections

Kogi APC Women Professionals Stage “Thank You Walk”, Commend Peaceful Conduct Of Elections

3 years 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
  • Housing
  • 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 Bandits Bello Benue Buhari CBN cement Court Dangote death dies drug 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 Senate students Tinubu US
No Result
View All Result

Highlights

Rigging Osun Governorship Election Can Lead To A Repeat Of 1983 Political Crisis – Adeleke Warns

Kano Man, Tahir Tanimu, Sentenced To Death For Killing Friend Over Disagreement On Politics

Dangote Moves To Upgrade Itori Cement Plant Capacity From 6MTA To 12 MTA, Signs $800mln MoU With Sinoma

‎ANA Kogi Sets October For Yusuf Ali Literary Contest, Intensifies Convention Preparations

Ogun Approves Construction Of 450-housing Units For Lawmakers, Strategic Roads, Re-construction Of Governor’s Lodge In Abuja

Malaria : The Preventable Killer We Must No Longer Ignore By Nosimot Soneye

Trending

Africa’s First Barefoot Renewable Energy College Takes Off In Kogi, To Boost Access To Power Supply
Power

Africa’s First Barefoot Renewable Energy College Takes Off In Kogi, To Boost Access To Power Supply

by Vital News
August 4, 2026
0

President Bola Ahmed Tinubu on Tuesday commissioned the Barefoot Renewable Energy College (BARECKS) at the Confluence University...

President Tinubu Approves Salary Increases For Armed Forces Personnel

President Tinubu Approves Salary Increases For Armed Forces Personnel

August 4, 2026
Dangote Cement Deepens Education Support In Kogi

Dangote Cement Deepens Education Support In Kogi

August 4, 2026
Rigging Osun Governorship Election Can Lead To A Repeat Of 1983 Political Crisis – Adeleke Warns

Rigging Osun Governorship Election Can Lead To A Repeat Of 1983 Political Crisis – Adeleke Warns

August 4, 2026
Kwara Court Sentences  Two Kidnappers To Death

Kano Man, Tahir Tanimu, Sentenced To Death For Killing Friend Over Disagreement On Politics

August 3, 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

  • Africa’s First Barefoot Renewable Energy College Takes Off In Kogi, To Boost Access To Power Supply August 4, 2026
  • President Tinubu Approves Salary Increases For Armed Forces Personnel August 4, 2026
  • Dangote Cement Deepens Education Support In Kogi August 4, 2026

Categories

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