Skip to content
July 17, 2026
  • FRSC: Bus Preachers, Hawkers To Attract N50,000 Fine
  • Peter Obi Releases Part 2 Of ‘Roadmap To A New Nigeria’, Unfolds  Education And Healthcare Agenda
  • UK Govt Urges FIFA To Investigate  Argentina Over Falklands Banner
  • Confusion As Two Appeal Courts Allegedly Issue Conflicting Judgments On INEC’s Power, Guidelines

NEWS RANGERS

NEWS BY THE HOUR

Newsletter
Random News
  • Home
    • About Us
    • Contact
  • National
  • State
  • International
  • Sports
  • Features
    • Business
    • NASRDA
  • Entertainment
  • Health
  • Interview
Headlines
  • FRSC: Bus Preachers, Hawkers To Attract N50,000 Fine

    5 hours ago
  • Peter Obi Releases Part 2 Of ‘Roadmap To A New Nigeria’, Unfolds  Education And Healthcare Agenda

    5 hours ago
  • UK Govt Urges FIFA To Investigate  Argentina Over Falklands Banner

    5 hours ago
  • Confusion As Two Appeal Courts Allegedly Issue Conflicting Judgments On INEC’s Power, Guidelines

    5 hours ago
  • Fire At Orphanage In Algeria Kills 11, Wounds 19 Including Children

    6 hours ago
  • US House Of  Representative Blocks Assistance To Nigeria Over Terrorism

    6 hours ago
  • Home
  • National
  • Court Directs Tinubu’s Govt To Account For Recovered Abacha Loot Worth $5bn
  • National

Court Directs Tinubu’s Govt To Account For Recovered Abacha Loot Worth $5bn

News Rangers3 years ago3 years ago02 mins

ABACHA LOOT

LAGOS JULY 9TH (NEWSRANGERS)-A Nigerian court has directed President Bola Tinubu’s government to disclose how much in stolen funds it has recovered from late military ruler Sani Abacha and how the money was used, court documents showed on Sunday.

Abacha ruled Africa’s most populous nation and top oil exporter from 1993 until his death in 1998, during which time Transparency International estimated that he took up to $5 billion of public money. He was never charged.

A Nigerian rights group asked the High Court in the federal capital Abuja to force the government to account for Abacha’s loot since the country returned to civilian rule in 1999.

Over the years, the United States, Switzerland and British dependency of Jersey are among those who have returned hundreds of millions of dollars linked to Abacha.

The court ruled that the government should disclose the “exact amount of money stolen by General Sani Abacha from Nigeria and the total amount of Abacha loot recovered and all agreements signed on same since the return of democracy in 1999 till date.”

The Socio-Economic Rights and Accountability Project (SERAP), which brought the challenge, said it had on Sunday written to Tinubu calling on him to obey the ruling.

Tinubu’s spokesman Dele Alake did not respond to calls and messages seeking comment.

Nigeria has previously said it would use some of the Abacha funds for infrastructure projects, including roads and bridges.

Reuters

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Related Posts

  • FG Has No Record Of Recovered And Expenditure Of Abacha Loot

    LAGOS MARCH 15TH (NEWSRANGERS)-The federal government has told the Socio-Economic Rights and Accountability Project (SERAP)…

  • Nigeria Expecting $400m Abacha Loot From US – ICPC

    LAGOS NOVEMBER 14TH (NEWSRANGERS)-The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed…

  • U.S To Repatriate $300m Abacha Loot To Nigeria-Buhari

    LAGOS OCTOBER 2ND (NEWRANGERS)-President Muhammadu Buhari on Tuesday disclosed that Nigeria and the United States…

Tagged: $15bn Account Bola Tinubu Court Directs Sanni Abacha Loot

Post navigation

Previous: Worshiper Allegedly  Steals N20.3m Cheque From Church Offering Box
Next: 18 Passengers Feared Dead As Bus Crashes Into Stationary Trailer Along Lagos-Badagry Road

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

FRSC: Bus Preachers, Hawkers To Attract N50,000 Fine

News Rangers5 hours ago 0

Peter Obi Releases Part 2 Of ‘Roadmap To A New Nigeria’, Unfolds  Education And Healthcare Agenda

News Rangers5 hours ago 0

Confusion As Two Appeal Courts Allegedly Issue Conflicting Judgments On INEC’s Power, Guidelines

News Rangers5 hours ago 0

Fire At Orphanage In Algeria Kills 11, Wounds 19 Including Children

News Rangers6 hours ago 0

News Rangers TV

Entertainment

  • Popular Singer Oliver Tree Dies In Helicopter Crash At 32
  • Comedian Offers N5m Reward For Information Leading To Recovery Of Stolen Phones At Football Gathering
  • Fela’s Wives Must Have Transferred HIV To The Late Singer-Seun Kuti Alleged
  • Rising Rap Artist Kills Himself  In Front Of Manager After Car Crash-Police
  • Grammy Nominee Akon Arrested Over Suspended License In Georgia, Released On Bail

News Rangers TV

Interviews

  • Panic As Over 200 Cameroonian Troops Enter Nigerian Border Community
  • Kaduna-Based Journalist Recounts How His Dogs Save Him From Bandits Attack
  • Lagos Trader Recounts  How  His Ailing Brother Admitted To Hospital Vanished Without Trace
  • Help! My Husband Still In Kidnappers’ Den After Three Months-Woman Cries Out

Sports

  • UK Govt Urges FIFA To Investigate  Argentina Over Falklands Banner
  • World Cup: Argentina Found A New Way To Win Nobody Seems To Have Answer
  • How Messi Inspires Argentina To Stunning Fight Back To Beat England 2-1
  • Fifa To Break Rules With 30-Minute Half-Time Musical  Show At World Cup Final