America To Block All Stolen Funds From Nigeria's Looters

Monday, 4 July 2016

The United States has finally agreed to ensure no stolen public funds from Nigeria are laundered through any of banks in American, henceforth.

The US Ambassador to Nigeria, James Entwistle, confirmed on Saturday that the Obama administration was committed to stand with Nigeria in its fight against corruption, particularly by ensuring no stolen funds are laundered through the American banking system.

Consequently, US has offered technical assistance to Nigeria’s anti-corruption agencies.

The diplomat, speaking at the 240th United States Independence Anniversary celebration cocktail party in Abuja, said his country looked forward to deeper cooperation with the Nigerian government to ensure freedom for Nigerians.

“Not just the political freedom you exercised last year, but freedom from fear, freedom from want, freedom from sickness, and freedom from corruption. The last election was tremendous democratic success, not only for Nigeria, but the growth of democracy across Africa.

“As you fight Boko Haram and secure and rebuild the Northeast, and you strive for harmony in the Niger Delta and across the land, we will continue to help in every appropriate way.

“Indeed, let us redouble our efforts on the humanitarian front in the Northeast. Nigerians are dying of starvation in Nigeria.

“The United States stands with every Nigerian who believes that Nigeria can be healthier, safer, and more prosperous,” he said.

On the economy, the envoy said Nigeria at the moment was headed in the right direction on issues like fuel subsidy removal and foreign exchange rate. He urged government to continue to create an environment that would attract more foreign investments, to create more jobs for the youths.

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