• Contact Us
  • About Us
Monday, September 14, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

 UK Agrees To Return £4.2m Ibori Loot

metro by metro
March 9, 2021
in Economy, Uncategorized
0
0
SHARES
0
VIEWS

The government of the United Kingdom has agreed to return £4.2million as part of the loot by a former Delta state governor James Ibori, his friends and family members.

The British High Commission to Nigeria, Ms. Catriona Laing, who disclosed this on Tuesday in Abuja, said this was the first tranche of such planned returns.

Read Also

Thales Alenia Space wins NIGCOMSAT contract to build NigComSat-2A geostationary satellite

World Bank Group Debars African Consulting Surveyors & Mr. Willem Jan Timmerman

Kenya Strengthens Ebola Readiness at Its Busiest Land Border

Laing said what is currently being returned were retrieved from friends and family members of Ibori.

She noted the Ibori case is complicated and the United Kingdom authorities were still working on the total actual amount involved in the case.

Laing, who spoke at a ceremony for the signing of a memorandum of understanding (MOU) between both countries in Abuja, assured more of such recoveries from the Ibori case would be returned to Nigria in due course.

Nigeria’s Attorney General and Minister of Justice, Abubakar Malami, who signed for the country, disclosed that President Muhammadu Buhari has directed the returned loots be deployed to completion of the second Niger Bridge, the Lagos to Ibadan express way and the Abuja to Kano express way projects.

.

Previous Post

South Africa’s Economy Shrinks The Most in 100 Years

Next Post

Nigerian Court Rejects Shell’s Bid To Unfreeze Its Bank Accounts

Related Posts

Business

Thales Alenia Space wins NIGCOMSAT contract to build NigComSat-2A geostationary satellite

September 14, 2026
Banking / Finance

World Bank Group Debars African Consulting Surveyors & Mr. Willem Jan Timmerman

September 11, 2026
English News Releases

Kenya Strengthens Ebola Readiness at Its Busiest Land Border

September 10, 2026
Ghana May Lose $3.8Bn World Bank Funding Over Anti-LGBTQ+ Bill
Economy

Ghana’s Economy Expands 6% In Second Quarter, Driven By Communications Sector

September 9, 2026
Next Post

Nigerian Court Rejects Shell’s Bid To Unfreeze Its Bank Accounts

Thales Alenia Space wins NIGCOMSAT contract to build NigComSat-2A geostationary satellite

September 14, 2026
Houthi Advance In Yemen Puts U.S. In New Bind

Houthi Advance In Yemen Puts U.S. In New Bind

September 12, 2026
FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

September 12, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version