….To be used to complete Lagos-Ibadan Expressway, Abuja-Kano and second Niger Bridge
The Federal Government has made good its promise by signing an agreement with the United States of America and the Island of Jersey to repatriate the sum of $318,460,329 looted and stashed away by former Head of State, Gen. Sani Abacha.
According to the spokesperson of the Ministry of Foreign Affairs, Ferdinand Nwonye, the agreement was sealed on Monday at the United States Department of States, Washington DC.
He stated that the Federal Government intends to use the recovered loot to fund three major projects, namely, the Lagos-Ibadan Expressway, the Abuja – Kano Expressway and the Second Niger Bridge and will be supervised by the Nigeria Sovereign Investment Authority.
