💨 Abstract

Nigeria and the U.S. have signed an agreement to repatriate $52.88 million in assets forfeited from a former Nigerian oil minister and associates. The funds will be used for rural electrification projects through the World Bank, with $50 million allocated to renewable energy, and the remaining $2.88 million as a grant for counter-terrorism capacity across Africa.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖