How Nigeria Lost $32 Billion To Corruption Under 6Years Of Goodluck Jonathan's Reign... UK Govt Reveals

Could this be why the country is still stagnat despite having new government in place?

A UK Department for International Development (DFID) has stated that $32 billion was lost to corruption during the six-year administration of former President Goodluck Jonathan.

 The head of DFID Nigeria, Debbie Palmer, disclosed this when she spoke at an event organised by Youngstars Foundation Initiative in commemoration of the 2017 international anti-corruption day. She said;

“An independent report estimates that up to $32bn was lost to corruption under the previous government. This is around 15 percent of state resources during the period and could well be an underestimate. So, the estimate is that nearly 16 percent of the previous government’s money was lost to corruption. That is a staggering amount of money. And that is money that is to all of you and to your future. That is why we all should care about corruption. Millions of dollars also remain in other jurisdictions tied up in legal challenges.”he said
 

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