Policy paper

Return of stolen assets confiscated by the UK: agreement between the UK and Nigeria

This agreement between the governments of the UK and Nigeria facilitates the return of stolen funds recovered by UK agencies back to Nigeria.

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Schedule 4: Project disbursement plans

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Details

This is an Annex to the UK-Nigeria Memorandum of Understanding (MoU) on the modalities for the return of stolen assets confiscated by the UK. It marks the first return of assets under the MoU.

£4.2 million is being returned to Nigeria, which represent the funds recovered from the associates and family of James Ibori, the former Governor of Nigeria’s Delta State. The Annex includes a detailed budget plan, including a work and expenditure schedule for each project which the returned funds will contribute to.

Note that Schedule 6 of the Annex is an agreement between the US, Jersey and Nigeria and cannot be published here.

Updates to this page

Published 19 March 2021

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