Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: Tinubu hails France for returning $150m Abacha loot
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » Tinubu hails France for returning $150m Abacha loot
Top News

Tinubu hails France for returning $150m Abacha loot

Leon Usigbe
November 4, 2023
Share
Add as a preferred source

President Bola Tinubu has expressed his appreciation to France for the return of $150 million stolen from Nigeria by former Head of State, General Sani Abacha.

He has also acknowledged the signing of a €100 million agreement between Nigeria and France 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 the Minister of Communications, Innovation and Digital Technology, Dr. ‘Bosun Tijani, and the French Minister of Europe and Foreign Affairs in Abuja. 

According to a statement issued on Friday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity), President Tinubu commended the strengthening of bilateral relations between Nigeria and France, noting that this progress followed his visit to Paris after his inauguration.

“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. 

Tinubu emphasized the need to reinforce collaboration on both political and economic fronts, welcoming the growing cooperation 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.

He added: “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 recognize the wishes of our people; they do not want war, but that does not mean we can not take bold and decisive action.”

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 extended a formal invitation to President 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.”

READ ALSO FROM NIGERIAN TRIBUNE 

  • Israeli-Palestinian crisis: Any implications for Nigeria?
  • Tinubu appoints Bayo Onanuga as Special Adviser
  • Coroner summons Naira Marley, two others over Mohbad’s death
  • Davido, Chioma step out with newborn twins
  • NOTES FROM ATLANTA: Neither Tinubu nor Atiku forged credentials with INEC
  • PRESSTIME PODCAST: Digital Media, social media, where do we draw the line
  • Ondo Assembly suspends impeachment of deputy gov Aiyedatiwa
  • EDITORIAL: The Kebbi boat disaster

 


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


TAGGED:Abacha lootFranceTinubu
Previous Article Presidential yacht Presidential yacht: Reps accuse Navy of purchase without approval
Next Article Passengers escape death as private aircraft skids off track at Ibadan Airport

Most Read

  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • UPDATED: Court sacks Uzodinma as APC senatorial candidate for Imo West
    UPDATED: Court sacks Uzodinma as APC senatorial candidate for Imo West
  • BREAKING: FG approves N70,000 monthly transport allowance for workers
    BREAKING: FG approves N70,000 monthly transport allowance for workers
  • CDCFIB recruitment reaches final stage as candidates get important notice
    CDCFIB recruitment reaches final stage as candidates get important notice
  • Reps call for immediate review of basic, secondary education curriculum
    Reps call for immediate review of basic, secondary education curriculum
  • Uche Ogbodo urges women to walk away from marriages that no longer work
    Uche Ogbodo urges women to walk away from marriages that no longer work
  • Why we need fresh $21.7bn loan — Finance Minister
    Why we need fresh $21.7bn loan — Finance Minister
  • Abia: NAFDAC secures five-year jail term for businessman over fake olive oil
    Abia: NAFDAC secures five-year jail term for businessman over fake olive oil
  • 4 tactics fuel attendants use to give customers less fuel
    4 tactics fuel attendants use to give customers less fuel
  • Updated guber lists: INEC okays 41, rejects 28 petitions
    Updated guber lists: INEC okays 41, rejects 28 petitions

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?