According to The Punch, the Bailiwick of Jersey will return more than $9.5 million in forfeited funds to Nigeria, with the money earmarked for the final stages of the Abuja–Kano Road project.
The report frames the move as part of Nigeria’s wider asset-recovery push, with officials emphasizing visible infrastructure outcomes from recovered proceeds.
For road users and contractors, the key question is how quickly the repatriated funds translate into measurable progress on the corridor.
Daily Post also described it as “fresh $9.5m Abacha loot” being returned from Jersey, while Tribune Online similarly reported “more than $9.5 million” headed back to Nigeria for the Abuja–Kano route.
Echotitbits take: Watch procurement and project transparency—implementation details, milestone reporting, and independent monitoring will decide whether this becomes a trust-building win.
Source: PremiumTimes – https://www.premiumtimesng.com/news/headlines/848587-jersey-to-repatriate-over-9-5m-abacha-loot-to-nigeria.html January 10, 2026
PremiumTimes 2026-01-10
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