Finish line far out of sight in Nigeria’s race to beat corruption

5/1/2016
Naija 247 News

President Muhammadu Buhari’s first foreign trip was a symbolic one. He crossed the border to Niger, where his counterpart, Mahamadou Issoufou, gave Buhari a horse. It seemed an appropriate present for a leader who, since taking the reins of government, has been riding roughshod over some entrenched self-interests in the Nigerian state.

Since then, Buhari has kept an eagle eye on security contracts through the presidential committee, indicting more than 300 companies and recovering $35m (£24m) stashed away by the elite. He has started reviewing deals for any signs of money laundering, with bank chiefs already quizzed over opaque agreements fronted on behalf of politicians. Nigeria’s ex-national security adviser, former defence chief, opposition party leaders and some bank chiefs have been investigated by the economic and financial crimes commission. They deny any wrongdoing.

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Photo Credit: European Parliament