Speaking at the launch of the report the organisation’s representative in Nigeria said corruption is “the greatest contributor to underdevelopment” in Nigeria.Īnd that was not even the only high profile criticism our nation received this week!Ī coruscating editorial in the internationally respected Financial Times of London noted how on a recent flight from the British capital to Abuja “nearly all the space (was) taken up with flatbeds… Nigeria’s economy may be flat on its back, but the political elite flying to and from London will spend the flight flat on theirs, too” Describing this position as “a historical low”, independent NGO Transparency International cites the exposure in the so-called Panama Papers leak of “more than 100 powerful individuals” using anonymous companies to buy properties with a total worth of £350 million in the United Kingdom alone and “inaction over past disclosures” which has “created a sense of impunity” for stalling anti-corruption progress in our country.
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