Jersey To Return Over $9.5m Looted Funds To Nigeria

A significant amount of "stolen money" is finally making its way back home to Nigeria. The Bailiwick of Jersey has signed an official agreement to return over $9.5 million that was identified as proceeds of corruption. This money was taken from the Nigerian people years ago and hidden away in offshore accounts.

The deal was finalized in early January 2026, after a long legal battle. Mark Temple, the Attorney General for Jersey, signed the paperwork to ensure the funds are returned safely. This isn't just a win for the justice system; it’s a win for Nigerian taxpayers who were cheated out of their wealth.

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The best part of the news is where the money is going. Instead of disappearing into another government pot, the $9.5 million is specifically earmarked for the Abuja–Kano Road project. This means the returned "loot" will be used to build a better, safer road for thousands of daily travelers.

​This return of funds sends a strong message to corrupt officials: you can hide money, but eventually, the law will catch up. The British High Commission helped facilitate the deal, proving that international cooperation is key to fighting financial crime. It’s a moment of accountability that many have been waiting for.

As the construction on the Abuja-Kano Road continues, Nigerians can look at the progress and know that their money is finally working for them. It is a rare example of a story about corruption ending with a positive result for the community.

The successful recovery and repatriation of the forfeited assets underscores the effectiveness of Nigeria’s collaborative efforts with its international partners.