US returns $52.88m in looted Funds to Nigeria

The United States has formally agreed with Nigeria to transfer $52.88 million in forfeited corruption proceeds, underscoring the nations' collaborative efforts to combat corruption and promote development. The funds, seized during investigations into corrupt practices in the Nigerian oil industry, will benefit the Nigerian people through critical electrification projects and counterterrorism initiatives. Principal Deputy Assistant Attorney General Brent S. Wible described the agreement as a test