Trump administration welcomes Buhari’s commitment to fight corruption to standstill

The government of the United States of America has thrown its weight behind President Muhammadu Buhari’s personal commitment to the anti-corruption crusade in Nigeria.

U.S. President Donald Trump with President Muhammadu Buhari in the White House on April 30, 2018. [Kevin Lamarque/Reuters]

Shehu said the statement was issued at the end of the signing of the agreement between the U.S. government, the Bailiwick of Jersey, and the Government of the Federal Republic of Nigeria.

He revealed that the agreement was for the return of more than $308 million stolen by late General Sani Abacha, the US government also pledged its commitment to continue to support all other efforts by stakeholders to combat corruption at all levels in Nigeria.

The statement with the headline; ”RETURN OF STOLEN ASSETS TO THE NIGERIAN PEOPLE”, read in part:

On February 3, the State Department hosted a ceremony for the signing of an agreement between the U.S. government, the Bailiwick of Jersey, and the Government of the Federal Republic of Nigeria for the return of more than $308 million to the Nigerian people.

”In the 1990s, the assets were stolen by former military dictator Sani Abacha, and stashed abroad. More than 20 years later, these assets are being returned to the Nigerian people.

”The funds will be used by the Nigerian Independent Sovereign Authority for three infrastructure projects in strategic economic zones across Nigeria.

”To ensure that the funds are used responsibly and for the good of the nation, the agreement includes mechanisms for monitoring the implementation of these projects as well as external oversight, and it requires Nigeria to repay any funds lost as a result of any new corruption or fraud to the account established to hold the returned assets.

”This return reflects the growing international consensus that countries must work together to ensure stolen assets are returned in a transparent and accountable manner.

”It is also consistent with the commitments both the United States and Nigeria made under the principles agreed to at the 2017 Global Forum on Asset Recovery co-hosted by the United States and the United Kingdom.

”This agreement is a symbol of the weight that the United States government places on the fight against corruption.

”We welcome President Buhari’s personal commitment to that fight, and we will continue to support civil society and other Nigerian efforts to combat corruption at all levels. The fight against corruption is an investment in the future of Nigeria."

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

BREAKING: Abba Kyari escapes murder in Kuje prison

BREAKING: Abba Kyari escapes murder in Kuje prison

Peter Obi: How many parties could a man join in his lifetime? – Sowore

Peter Obi: How many parties could a man join in his lifetime? – Sowore

Peter Obi’s exit from PDP reaffirms his unpopularity in the party [Pulse Editor’s Opinion]

Peter Obi’s exit from PDP reaffirms his unpopularity in the party [Pulse Editor’s Opinion]

Gov Okowa salutes Edwin Clark at 95

Gov Okowa salutes Edwin Clark at 95

Okowa congratulates Progress, Nigerian Idol winner

Okowa congratulates Progress, Nigerian Idol winner

2023: Ohuabunwa picks Abia North PDP senatorial ticket

2023: Ohuabunwa picks Abia North PDP senatorial ticket

Jajari wins Borno PDP guber Primaries

Jajari wins Borno PDP guber Primaries

Jandor clinches PDP guber ticket in Lagos

Jandor clinches PDP guber ticket in Lagos

2023: INEC raises alarm over increasing money politics in Nigeria

2023: INEC raises alarm over increasing money politics in Nigeria