Press Release
Re: Nigeria to expect £60m Ibori loot from the UK – Group

Re: Nigeria to expect £60m Ibori loot from the UK – Group

BENIN CITY… November 23, 2020… Our attention has been drawn to a news report by a section of print and e-media with the headline “Nigeria to expect £60m Ibori loot from the UK – Group” and credited to our Deputy Executive Director, Mr. Leo Atakpu as circulated by FRANCIS OGBUAGU of the VANGUARD newspaper to his media friends and contacts for publication.

We wish to state that Nigeria is expecting £6.8million of the seized Ibori assets from the United Kingdom and not the £60million as widely reported in the media. It is important to state that negotiations are ongoing between the UK and Nigerian governments on this repatriation with ANEEJ and its CSO partners monitoring the process.

Also, our Deputy Executive Director told the Workshop in Benin that $311.9million is Abacha 3 loot returned to Nigeria from the Bailiwick of Jersey and United States of America which is to be used to finance three infrastructural projects of: Second Niger Bridge, Lagos Ibadan Express Road and Abuja-Kano express Road and not $300million.

We are offering these corrections to keep the information we gave out straight before the public even as we appreciate journalists who reached out to us for the correct figures.


Erhisohwode Assurance Ovie

Communications/ICT Officer