Nigeria Signs Pact With UAE On Recovery Of Stolen Funds, Others

Nigeria and the United Arab Emirates (UAE) Tuesday in Abu Dhabi signed six agreements to enhance bilateral relations between them.

The signing of the agreements, which centre on trade, finance and judicial matters, was witnessed by President Muhammadu Buhari and the Crown Prince of the UAE, Mohammed Bin Zayed Al Nahyan.

The Avoidance of Double Taxation Agreement, Agreement on Trade Promotion and Protection and Judicial Agreements on Extradition, Transfer of Sentenced Persons, Mutual Legal Assistance on Criminal Matters, and Mutual Legal Assistance on Criminal and Commercial Matters, which includes the recovery and repatriation of stolen wealth were signed by Kemi Adeosun (Minister of Finance), Okechukwu Enelamah (Minister of Trade and Investment) and Abubakar Malami, SAN, (Minister of Justice) respectively on behalf of Nigeria, the UAE Minister of State for Financial Affairs, Obaid Attayar and his Justice counterpart, Bin Saeed Albadi, signed on behalf of the UAE.

At a reception ceremony after the signing of the agreements, President Buhari reiterated his commitment to fighting corruption and restoring Nigeria’s dignity in the comity of nations.

He also called on all Islamic countries to support the fight against terrorism in Nigeria and denounce the atrocities of Boko Haram as un-Islamic and against the teachings of Prophet Mohammed.

In his remarks, Prince Zayed Al Nahyan said the relationship between Nigeria and the UAE would be strengthened by President Buhari’s visit and the signing of the agreements.