The federal government is poised to sign a memorandum of understanding for the repatriation of $321 million loot traced to late Head of State, General Sani Abacha. This followed the approval on Wednesday by the meeting of the Federal Executive Council (FEC), of an asset sharing agreement among Nigeria, the Island of Jersey and the United States. Malami said both the US and the Island of Jersey will receive $10 million as administrative charges. In a separate development, the federal government has also issued a travel advisory following the ongoing coronavirus crisis. The Minister of Health, Osagie Ehanire, told correspondents that intending travellers to China have been asked to put off their trips until further notice.

Source: Nigerian Tribune January 29, 2020 17:48 UTC