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$152 Abacha Loot In UK Still Under Litigation – US Govt

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FG, Ireland Sign MoU For Return Of €5.5 million Abacha Loot

The United State Government, has said aside from the $311 million Abacha loot returned to the Nigerian government last week, another separate $152 million is still in active litigation in the United Kingdom.

The $152 million cash according to the United States Mission in Nigeria, is distinct and separate from an additional $167 million in stolen assets also forfeited in the United Kingdom and France.

Speaking on the transfer of the funds back to the country, the US Mission on its verified twitter handle, @USEmbassyAbuja, explained that the transfer of funds is an important first step in the disciplined implementation of the agreement between both countries.

The US Government in the statement, said: “On May 1, the transfer of $311,797,876 from the United States Government to the Federal Republic of Nigeria was completed in accordance with a February 3, 2020 trilateral agreement among the governments of the United States, Nigeria and the Bailiwick of Jersey to repatriate assets the United States forfeited that were traceable to the former Nigerian dictator Sani Abacha and his co-conspirators.

“These funds will be used by the Nigeria Sovereign Investment Authority for three infrastructure projects in strategic economic zones across Nigeria, as authorized by the Nigerian government.

“The recovered funds will help finance the construction of the Second Niger Bridge, the Lagos-Ibadan Expressway and the Abuja-Kano road.

“These investments will support Nigeria’s economic development and benefit all of the Nigerian people. The agreement includes mechanisms for monitoring the implementation of these projects as well as external oversight.
“The funds returned last week are distinct and separate from an additional $167 million in stolen assets also forfeited in the United Kingdom and France, as well as $152 million still in active litigation in the United Kingdom.”

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Osun Election: Gov Ademola Adeleke Receives Certificate Of Return

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Governor Ademola Adeleke of Osun State has received his Certificate of Return following his victory in the August 15, 2026 governorship election.

He received the certificate at the Independent National Electoral Commission (INEC) office on Wednesday.

An excited Adeleke danced amid cheers and jubilation from Accord Party members and supporters.

Shortly after, the governor arrived at the Ataoja Palace in Osogbo, welcomed by a crowd of residents.

INEC declared Adeleke as the winner of the election on Sunday.

It said that Adeleke polled 511,067 votes, defeating the All Progressives Congress (APC) candidate, Bola Oyebamiji, who got 444,815 votes.

It also said that the African Democratic Congress (ADC) candidate Najeem Salaam polled 17,180 votes.

The governor won in 19 of the state’s 30 local government areas to secure a second term of four years, while Oyebamiji won in 11.

Adeleke described the result as a triumph for democracy and pledged to use his second term to transform Osun from a civil-service-dependent state into an industrial hub.

He received congratulatory messages from President Bola Tinubu and the Nigerian Governors’ Forum (NGF), among others.

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Osun Election: Accord Party spent N40bn – Fayose counters Davido’s claim

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Ex-Ekiti State Governor, Ayodele Fayose, has alleged that the Accord Party spent at least N40 billion during the August 15 Osun State governorship election.

Fayose made the allegation during an interview on TVC’s ‘Politics Tonight’.

The former governor’s comment stemmed from the claims of Afrobeats singer, Davido, who had said that the All Progressives Congress, APC, spent N110 billion on vote-buying during the election.

Davido, a nephew to Governor Ademola Adeleke, also stated that the Accord Party did not spend a dime during the election but relied on the people of Osun State.

Responding, however, Fayose said the two leading parties spent heavily during the election and dismissed claims that either side won solely through prayers or popular support.

“Accord Party led the opponents. The money that went to that election from the Accord Party itself cannot be under N40 billion. I stand to be corrected,” Fayose said.

According to Fayose, more than N7.5 billion was distributed to various local governments and wards shortly before the election.

“Secondly, on Monday, they sent over N7.5 billion to the various local governments. Various wards. The minimum for the wards would be about N35 million in a ward of about seven, eight, nine polling units,” he added.

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2027: If Tinubu Appoints His Wife As CJN, Seyi INEC Chair, He’ll Be Defeated Woefully — Dalung

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Former Minister of Youth and Sports Solomon Dalung has predicted a “woeful” defeat for President Bola Tinubu in the 2027 presidential election, saying he would lose even if he appointed his wife, Remi Tinubu, as Chief Justice of Nigeria and his son, Seyi Tinubu, as INEC chairman.

Dalung, a chieftain of the African Democratic Congress (ADC), in an interview on Channels Television’s The Morning Brief on Wednesday, argued that the outcome of the recent Osun State governorship election was a sign of what could happen at the national level.

He said the Osun election had reinforced his earlier prediction that Tinubu would lose the 2027 presidential election, regardless of the appointments or political structures at his disposal.

“What happened in Osun is a confirmation of what I have said two years ago, that even if Tinubu appointed his wife (Remi Tinubu) as Chief Justice of Nigeria and appointed Seyi (his son) as INEC chairman, he is going to be defeated woefully in 2027,” Dalung said.

He attributed the challenges facing the country to what he described as a failure by political leaders to uphold their constitutional responsibilities and prioritise the welfare of Nigerians.

“If we have leaders that believe in the people and believe in their oath of office and know that the Constitution imposes on them an obligation that they should protect lives and property and the social wellbeing of the people, they will definitely do that,” he said.

Dalung also criticised what he described as the accumulation of wealth by public officials, urging leaders to focus on building a legacy that would outlive their time in office.

“If we have leaders who have consciences, who know that all these monies they are busy stockpiling, one day they will depart this earth without anything, they will concentrate on building a legacy that they will be remembered for. In 2027, regionalism is going to be a factor in the determination of the election. In 2027, too, the President’s performance is going to be an issue,” Dalung said.

He, however, maintained that the President would ultimately be defeated, arguing that the politicians and governors who had joined the ruling party would not be able to secure victory for him.

“But on the overall, the President will be defeated woefully because he has assembled the people who have also abandoned the people. The governors whom he has brought to his party can never bail him out. It has been established in Osun. Their gatherings were gatherings of mourners,” he said.

Dalung said the 2027 election should not be viewed solely as a contest involving Tinubu or the opposition, but as a decision by Nigerians on the individual they want to lead the country.

“2027 is not going to be an issue of Tinubu; it is not even going to be an issue of opposition. No. But the man Nigerians are going to be electing in 2027,” he said.

The 2027 presidential election is expected to feature a major contest between the ruling All Progressives Congress (APC) and opposition forces, amid ongoing efforts by opposition politicians to form alliances ahead of the poll.

In the 2023 presidential election, Tinubu, the APC candidate, defeated Atiku Abubakar who ran under the Peoples Democratic Party (PDP), Peter Obi under the Labour Party and Rabiu Kwankwaso for the New Nigeria Peoples Party (NNPP).

Tinubu secured more than eight million votes, while Atiku and Obi each polled more than six million votes. Kwankwaso secured more than one million votes.

Ahead of the 2027 election, opposition politicians have been engaged in realignment and coalition-building, with Atiku and former Rivers State Governor Rotimi Amaechi are the flagbearers of the ADC-led opposition coalition, while Obi is the presidential candidate of the Nigeria Democratic Congress (NDC).

Meanwhile, campaigning for Nigeria’s 2027 elections begins Wednesday. Ahead of the campaigns, major candidates on Tuesday, signed a National Peace Accord pledging peaceful conduct.

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