France is set to return $150 million looted by former Nigerian military leader, General Sani Abacha.

In a statement, the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said President Bola Tinubu commended France for the decision.

Receiving the Minister of Europe and Foreign Affairs of France, Catherine Colonna, the President hailed 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”.

Speaking on the Abacha loot, the French Minister said the repatriation followed the completion of legal processes.“

It was a long process, but we noare glad that it was concluded. Sometimes, justice may be slow, but this is a very good achievement”.