Nigeria’s Information Minister, Lai Mohammed, on Monday said some 1.34 trillion naira ($6.72 billion, 6.15 billion euros) was allegedly stolen between 2006 and 2013 by just 55 people.
Giving a breakdown of the alleged theft, Mohammed claimed:
– 15 former state governors stole 146.84 billion naira
– 11 businessmen took 653 billion naira
– Eight people in the banking industry stole 524 billion naira
– 12 former state and federal public servants made off with more than 14 billion naira
– Five former lawmakers pilfered 8.35 billion naira
– four former ministers took seven billion naira.
“Using World Bank Rates and Costs, one third of the stolen funds could have provided 635.18 kilometres of road; built 36 ultra modern hospitals, that is one ultra modern hospital per state; built 183 schools; educated 3,974 children from primary to tertiary level at 25.24 million per child; and built 20,062 units of 2-bedroom houses,” he said.
“This is the money that a few people, just 55 in number, allegedly stole within a period of just eight years. And instead of a national outrage, all we hear are these nonsensical statements that the Government is fighting only the opposition, or that the government is engaging in vendetta.” he added.
by kaywizzy via MUSICNOBS
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