Post by Henry Emeka (@Emekus)

Respectfully Nigeria has lost about $582 billion to corruption since independence and loses around $18 billion every year to illicit financial flows. These figures are large — but they are not enough to fully pay off Nigeria’s total national debt, which is now over $100 billion.

How much has been stolen from Nigerians? Total historical losses
Nigeria has lost about $582 billion to corruption since 1960.

This is the most widely cited, research‑based estimate.

Annual losses Nigeria loses $18 billion every year to illicit financial flows (IFFs).

Africa as a whole loses $148 billion annually to corruption, and Nigeria is one of the biggest contributors.

https://africa.businessinsider.com/local/lifestyle/transparency-international-ranks-the-10-most-corrupt-african-nations/64627b1?utm_source=copilot.com
https://independent.ng/abuja-summit-puts-spotlight-on-nigerias-lost-billions-to-corruption-illicit-financial-flows/?utm_source=copilo

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