By The Federal Government has signed an agreement with the government of the United States to repatriate the sum of $23 million looted by former military dictator, the late General Sani Abacha.
The agreement was signed on Tuesday by the Attorney-General of the Federation, Abubakar Malami and the US Ambassador to Nigeria, Mary Beth Leonard.
Speaking at the signing ceremony, Malami said the recovered fund would be invested in the ongoing infrastructural projects in the country.
This development comes months after the National Crime Agency (NCA) of the United Kingdom announced the recovery of about $23.5 million in looted funds from the allies and family of Abacha.
The NCA had said the funds were retrieved as part of a wider pool of funds identified by the United States Department of Justice (USDOJ) as having been stolen out of Nigeria in the 1990s by the former military dictator and his accomplices.
