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I think it is important to note that on the eve of Theresa May's visit to Nigeria, the UK government returned £70m stolen loot to Nigeria. This is probably in anticipation of the fact that the issue of Return Of stolen assets will feature in the conversation with the President.
You will recall that exactly two years ago (Aug 2016), the UK and Nigeria signed an MOU on the modalities for the return of stolen assets confiscated by the UK. The MOU spelt out the general principles in which the agreement is based and the application of the funds.
For the benefit of those who do not know, the returned funds are to be used in line with budget of the FGN for projects that will impact the poorest segment of the society as contained in the "Proceed of Crime Agency Bill" POCA which was passed on the house in July 2018.
