Buhari ‘Corrupt officials have stolen $150bn from Nigeria in last 10 years,’ President says

Buhari also stated that he would seek the help of US President, Barack Obama to recover the lost funds.

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President Muhammadu Buhari has revealed that corrupt officials have stolen $150 billion from Nigeria in the last 10 years.

President Muhammadu Buhari addresses members of the National Working Committee during the meeting of the All Progressives Congress (APC) party at the headquarters of the party in Abuja, Nigeria July 3, 2015. REUTERS/Afolabi Sotunde play President Muhammadu Buhari addresses members of the National Working Committee during the meeting of the All Progressives Congress (APC) party at the headquarters of the party in Abuja, Nigeria July 3, 2015. REUTERS/Afolabi Sotunde

 

Buhari also stated that he would seek the help of US President, Barack Obama to recover the lost funds.

U.S. President Barack Obama meets with Nigerian President Muhammadu Buhari (L) in the Oval Office of the White House in Washington July 20, 2015. REUTERS/Kevin Lamarque play U.S. President Barack Obama meets with Nigerian President Muhammadu Buhari (L) in the Oval Office of the White House in Washington July 20, 2015. REUTERS/Kevin Lamarque (Reuters)

 

The Nigerian President made the comments in an opinion piece published in the Washington Post on Monday, July 20, 2015, before his meeting with Obama.

U.S. President Barack Obama meets with Nigerian President Muhammadu Buhari (L) in the Oval Office of the White House in Washington July 20, 2015. play

U.S. President Barack Obama meets with Nigerian President Muhammadu Buhari (L) in the Oval Office of the White House in Washington July 20, 2015.

(AFP)

 

Buhari wrote:

“The fact that I now seek Obama’s assistance in locating and returning $150 billion in funds stolen in the past decade and held in foreign bank accounts on behalf of former, corrupt officials is a testament to how badly Nigeria has been run. This way of conducting our affairs cannot continue."

He also revealed that he would not appoint ministers into his cabinet until September 2015.

Is Buhari relying too much on foreign help?»

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