The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, said on Sunday that the British government has shown its commitment towards repatriating funds stolen from Nigeria.
This announcement comes as a senior British official yesterday warned Nigeria’s President Muhammadu Buhari to address grievances in the Delta region where militants have been blowing up oil pipelines in a conflict that has become a “major concern”.
Malami returned from the United Kingdom on Saturday after a two-day International Anti-Corruption Summit also attended in London last week by many world leaders including President Muhammadu Buhari.
The minister told journalists that the UK expressed commitment towards repatriating Nigeria’s looted funds during a bilateral meeting between the two nations.
He said though there was no estimate of how much of the Nigeria’s funds stashed in the UK, but “it has been compiled for certainty.”
Malami said apart from the meetings which Nigeria had with the UK, there were no bilateral talks between Nigeria and other nations.
He said, “There was no sideline talks as such, but then there has been a bilateral meeting, other than the conference, in which express commitment has been shown by the leadership of the UK towards the idea of loot recovery.
“The UK has shown extra commitment apart from the resolution that was unanimously passed at the conference. Nigeria was treated as a priority in terms of execution of such commitment.”
Buhari to UK: Return Nigeria’s looted funds
A 34-paragraph communique issued at the end of the London conference was captured under three sub-themes – “Exposing corruption; punishing the corrupt; and supporting those who have suffered from corruption and driving out corruption.”
Repatriation of proceeds of corruption to the victim nation is part of the resolution reached at the conference.
Meanwhile swamps of the southern Delta have been hit by a series of attacks on pipelines and other oil and gas facilities that have reduced Nigeria’s output by 300,000 barrels a day, closed a major export port and two refineries.
Nigeria has moved in army reinforcements to hunt the militants but British Foreign Minister Philip Hammond said Buhari needed to the deal with the root causes because a military confrontation could end in “disaster”.
Crude sales from the Delta account for 70 percent of national income in Africa’s biggest economy but residents, some of whom sympathise with the militants, have long complained of poverty.
“It’s obviously a major concern,” Hammond told reporters on the sidelines of a regional security conference in Abuja when asked about the Delta situation. “The idea that your answer is by moving big chunks of the Nigerian army to the Delta simply doesn’t work,” he said, adding that the army did not have the capacity while fighting Boko Haram jihadists in the north.
“It won’t deal with the underlying issues.”
“Buhari has got to show as a president from the north that he is not ignoring the Delta, that he is engaging with the challenges in the Delta,” Hammond said.
Buhari is a Muslim from the north who has not visited the Christian Delta since taking office a year ago, something highlighted by a militant group, the Niger Delta Avengers, which has claimed a string of attacks on pipelines.
The group has warned oil firms to leave the region within two weeks and says it is fighting for independence for the Delta. It has said it wanted a greater share of oil revenues and an end to oil pollution.
The attacks have driven Nigerian oil output to near a 22-year low and, if the violence escalates into another insurgency, it could cripple output in a country facing a growing economic crisis.
Buhari, who has not commented about not visiting the Delta, has extended a multi-million dollar amnesty signed with militants in 2009 but upset them by ending generous pipeline protection contracts.
He also cut the amnesty budget by around 70 percent, which partly funds training for unemployed.
above photo: Buhari at anti-corruption conference in London