The Economic and Financial Crimes Commission, (EFCC), has alleged that at least 58 former governors were involved in the misappropriation, embezzlement, or laundering of approximately N2.187 trillion over a span of 25 years. This amount does not include properties seized worldwide or those currently being investigated, which amount to billions of Naira. The amount of N2.2 trillion that was looted is similar to the combined budgets of Lagos State and the South-East states for 2024, totaling N2.25 trillion and N2.29 trillion respectively. This figure exceeds the budgets of the North-Central…
Read More58 ex-State Govs. involved in misappropriation, embezzlement, or laundering of N2.187tr in 25 yrs – EFCC
