UAE to help Nigeria recover stolen funds

UAE to help Nigeria recover stolen funds

Determined  to recover Nigeria’s stolen funds stashed in foreign banks, the Federal Government, yesterday, signed different bilateral agreements with the United Arab Emirates, UAE.

The agreements were essentially on trade, finance and judicial matters.

While the agreement on trade was to promote investments and business dealings amongst the two countries, the judicial bilateral agreement will enable the country to extradite, or transfer persons serving jail terms.

The signing of the agreements which took place at Abu Dhabi was witnessed by President Muhammadu Buhari and the Crown Prince of the United Arab Emirates, Sheikh Mohammed Bin Zayed Al Nahyan.

A statement by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, from UAE stated that Nigeria’s Ministers of Finance, Trade/Investment, and Justice signed the respective agreements on behalf of Nigerian government. Read more


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