‘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.

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

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

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.

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.

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