$32b missing in Nigeria

•Fresh N31.9 billion scandal rocks NDDC •EFCC, ICPC begin probe MORE than $32 billion has been squandered in Nigeria since 1960 “without any evidence of how the money was spent”. The above damning verdict came from one of the most influential newspapers in the United States (U.S.), the New York Times, which gave graphic details of how the economy of the most populous black nation has been mismanaged since its independence from Britain, more than 50 years ago. The newspaper also said that despite ...
Read the rest of the story on Nigerian Compass

Added February 15, 2011
from Nigerian Compass