55 Nigerians stole 1.34 Trillion in 7 years- Lai Mohammed

Minister of Information, Alhaji Lai Mohammed while addressing a world press conference in Abuja to mark the beginning of the war against corruption in Nigeria yesterday said that 55 Nigerians stole a combined amount of N1.34 trillion between 2006 and 2013.

The minister said 15 former Governors stole N146.84 billion; four former ministers stole N7 billion; 12 former public officers both at Federal and State levels stole over N14 billion; eight Nigerians in the banking sector - N524 billion , while 11 businessmen stole N653 billion.

The minister said that using World Bank rates and costs, one-third of the stolen funds could have provided 635.18 kilometres of roads; 36 ultra-modern hospitals per state; 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.” Adding that no person found to have stolen public funds would go unpunished irrespective of their political, religious or tribal background.


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