US to help Nigeria recover looted funds

John Kerry, US foreign secretary

John Kerry, US foreign secretary

From OKORO CHINEDU in Lagos, Nigeria
LAGOS, (CAJ News) – UNITED States Secretary of State, John Kerry, has reiterated his country would assist Nigeria trace funds allegedly looted by previous administrations.

He met President Muhammadu Buhari late Thursday on the sidelines of the Nuclear Security Summit held in the United States.

A number of issues were raised, including the Boko Haram crisis and funds previous Nigerian administrations allegedly externalised.

“The Secretary expressed a firm commitment to continue working closely with Nigeria, highlighting the country’s importance to the region and to the continent,” read a statement from Kerry’s office.

He offered his country’s continued support for Nigeria’s efforts to increase security and stability and to promote development in the areas of  northeast Nigeria that have fallen victim to terrorist attacks by Boko Haram.

Kerry also offered continued US support to locate and help with tracing  and investigating looted funds.

He noted Nigeria’s potential to enhance its agricultural production and infrastructure, and the potential of these industries to generate more  employment opportunities, especially for Nigerian youth.

Kerry encouraged Buhari to take steps to leverage private sector investment in these areas.

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Posted by on Apr 1 2016. Filed under Africa & World, Featured, Finance, National, News, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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