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Corruption in Nigeria is a constant phenomenon. In 2012, Nigeria was estimated to have lost over $400 billion to corruption since its independence. [2] [3] Nigerian politicians find themselves in a strong position of power and wealth due to their connections with the oil and gas industries in Nigeria.
The 1996 Otokoto Riots were a series of spontaneous protests and looting in Owerri, Imo State, Nigeria over two days in September.The immediate trigger for the civil unrest was the revelation of the kidnapping and brutal murder of 11-year-old schoolboy boy Anthony Ikechukwu Okoronkwo, but had deeper roots in the corruption and inequality prevalent at the time.
Crony capitalism, sometimes also called simply cronyism, is a pejorative term used in political discourse to describe a situation in which businesses profit from a close relationship with state power, either through an anti-competitive regulatory environment, direct government largesse, and/or corruption. [1]
In 2011, it was estimated that Nigeria had lost over $400 billion to political corruption since independence. [4]Nigeria’s president-elect bought a $11 million London mansion that his predecessor’s government was seeking to confiscate as part of a probe into one of the biggest corruption scandals in the West African nation’s history.
Nigerian politicians convicted of corruption (4 P) Pages in category "Corruption in Nigeria" The following 12 pages are in this category, out of 12 total.
Anti-corruption war (between May 2015 and May 2023) was an anti-graft campaign launched by the government of Muhammadu Buhari, the 6th democratic President of Nigeria. This is a war against all forms of corruption in Nigeria. During the president's election campaign in 2015, he had vowed to fight against corruption and insecurity if elected.
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In early 2004, the German anti-corruption NGO Transparency International released a list of ten self-enriching leaders in the two decades previous to the report. Transparency International acknowledged that they were "not necessarily the 10 most corrupt leaders" and noted that "very little is known about the amounts actually embezzled".