Nigeria and the United States governments have reached an agreement on the return of over $23 million of the Abacha loot. The agreement signing ceremony was held Tuesday in the office of the Minister of Justice and Attorney General of the Federation, Abubakar Malami.

While Malami signed on behalf of the Nigerian government, the U.S Ambassador to Nigeria, Mary Beth Leonard signed on the behalf of the U.S government. According to Malami, the fund when returned will be invested in three ongoing projects by the Federal Government, including the ongoing Abuja-Kaduna road and the 2nd Niger Bridge.