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55 Nigerians stole over N1.34trn in 8 years – Lai Mohammed

Lai Mohammed, Minister of Information and Culture
TVCE (ABUJA) – Minister of Information and Culture, Lai Mohammed, has stated that 55 Nigerians have stolen over N1.34 trillion from the country’s treasury from 2006 to 2013.The minister who spoke at a press conference on Monday in Abuja, said since the nation was on the verge of winning the war against insurgent group, Boko Haram, the nation and its people should also partake in yet, another war on corruption.

Mohammed said if Nigerians failed to cooperate with the governing All Progressives Congress administration under president Muhammadu Buhari, corruption would “kill the country”.

“Gentlemen, the situation is dire and the time to act is now. For example, between the period 2006 and 2013, just 55 people allegedly stole a total of 1.34 trillion Naira in Nigeria. That’s more than a quarter of last year’s national budget,” he said.


Out of the stolen funds, the minister said 15 former governors were alleged to have stolen N146.84 billion; while four former ministers stole N7 billion; 12 former public servants, both at federal and state levels, stole over N14 billion; eight people in the banking industry allegedly stole N524 billion; while 11 businessmen allegedly stole N653 billion.





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