58 Governors Looted N2.187 Trn in 25 Yrs – EFCC
The Economic and Financial Crimes Commission (EFCC) has made staggering allegations that suggest no fewer than 58 former governors of Nigeria have been involved in looting, embezzlement, laundering, or misappropriating a sum totaling N2.187 trillion over a span of 25 years. These revelations were disclosed by the EFCC, excluding seized properties across the globe and other assets under probe, which purportedly amount to billions of Naira.
The alleged N2.2 trillion looting spree, as per EFCC's claims, is equivalent to the entire budget of Lagos State for the year 2024, which stands at N2.25 trillion. Moreover, it surpasses the combined budget of the South-East states for 2024, totaling N2.29 trillion. The sum is also notably higher than the 2024 budgets of the North-Central states and N...