The African Center for Governance, Asset Recovery and Sustainable Development.
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Bayelsa Asset Recovery Agreement
On 3rd February, 2020, an Agreement was signed on the procedure for the repatriation of the asset forfeited from the family of Abacha and their associates in the Bailiwick of Jersey between the Bailiwick of Jersey, the Government of United States of America and the Federal Government of Nigeria. The amount returned was in the tune of $311.4million. The Agreement provides for specific use of the funds for the PIDF projects managed by the NSIA namely Abuja-Kano Road (AKR), Second Niger Bridge (2NB) and Lagos-Ibadan Expressway (LIE).
