NIGERIA TO SPEND ABACHA LOOT ON LAGOS-IBADAN EXPRESSWAY, TWO OTHERS – AGF MALAMI

Nigeria’s Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, has stated how the country would spend the $308 million looted by the late former Head of State, General Sani Abacha when it is finally returned.

He said this while signing an Asset Recovery Agreement to repatriate over $308 million of forfeited assets to Nigeria with the Government of Jersey, Nigeria and the United States of America.

He also noted that this agreement has “culminated in a major victory, for Nigeria and other African countries as it recognizes that crime does not pay and that it is important for the international community to seek for ways to support sustainable development through the recovery and repatriation of stolen assets.

He called for the civil society organizations and the Nigerian public to be involved in the monitoring of the implementation of the key infrastructure projects that will greatly enhance road transportation in the country.

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