Buhari Says Nigeria Lost $157.5bn Between 2003-2012 - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
September 26, 2019
President Muhammadu Buhari has said that Nigeria lost aboutone hundred and fifty seven point five billion dollars to illicit financialflows between 2003 and 2012.
The President’s spokesman, Femi Adesina said Buhariannounced this in an address to the High-Level National Side-Event organised bythe African Union Development Agency and New Partnership for Africa’sDevelopment, AUDA-NEPAD.
The event was also organised in collaboration with theEconomic and Financial Crimes Commission, EFCC in New York, on the margins ofthe 74 United Nations General Assembly.
While quoting from the 2014 Global Financial IntegrityReport, the President noted that such huge loss of assets resulted in dearth ofresources to fund public services or to alleviate poverty, in the country.