The Presidency has said France will return $150 million looted by former Nigerian military leader, General Sani Abacha.

Special Adviser to the president on media and publicity, Ajuri Ngelale, in a statement on Friday, said President Bola Tinubu commended France for the decision.

Receiving the Minister of Europe and Foreign Affairs of France, Catherine Colonna, the highly-elated President hailed the strengthening of bilateral relations between Nigeria and France, noting that this progress followed his visit to Paris after his inauguration.

“Thank you for the good news on the return of Abacha loot. We appreciate your effective cooperation concerning the return of Nigeria’s money. It will be judiciously applied in attaining our development objectives,” Tinubu was quoted as saying.