NIGERIA SIGNS AGREEMENT WITH UAE ON RECOVERY OF STOLEN FUNDS

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 on trade,
finance and judicial matters was witnessed by
President Muhammadu Buhari and the Crown
Prince of the United Arab Emirates, Sheikh
Mohammed Bin Zayed Al Nahyan.
Nigeria’s Minister of Finance, Mrs Kemi
Adeosun and the UAE Minister of State for
Financial Affairs, Obaid Attayar signed the
Avoidance of Double Taxation Agreement,
while the Minister of Trade and Investment, Mr
Okechukwu Enelamah signed the Agreement
on Trade Promotion and Protection with the
UAE Minister of State for Financial Affairs.
The Minister of Justice, Abubakar Malami and
his counterpart in the United Arab Emirates,
Sultan Bin Saeed Albadi signed the 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.
At a reception after the signing of the
agreements, President Buhari reiterated his
commitment to fighting corruption and
restoring Nigeria’s dignity in the comity of
nations.
The President also urged 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 the Holy Prophet.
In his remarks, Crown Prince Zayed Al Nahyan
said that the relationship between Nigeria and
the UAE will be strengthened by President
Buhari’s visit and the signing of the
agreements.

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