The Nigerian government, on Monday, confirmed the receipt of $311 million looted by a late dictator, Sani Abacha.
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, in a statement by his Special Assistant on Media and Public Relations, Umar Gwandu, said approximately $311,797,866.11 of the Abacha loot was repatriated from the US and Jersey.
“This agreement is based on international law and cooperation measures that set out the procedures for the repatriation, transfer, disposition and management of the assets,” he said. The AGF said the Nigerian government has committed that the asset will support and assist in expediting the construction of three major infrastructure projects across Nigeria, namely: The Lagos – Ibadan Expressway, Abuja – Kano Road, and the Second Niger Bridge.
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