CSOs tasked on tackling illicit financial flows in Nigeria, Africa

Africa Network for Environmental and Economic Justice, ANEEJ, has urged members of Civil Society Organisations, CSOs, to prioritise the probe of Illicit Financial Flows, IFF, from Nigeria and Africa to different parts of the world.

The Executive Director of ANEEJ, Rev David Ugolor, gave the complaint successful Uyo connected Wednesday, astatine a two-day store themed: “Strengthening CSOs and Media Capacity to Contribute to the Fight Against Illicit Financial Flows, IFFs.’’

Describing IFF arsenic a menace to Nigeria’s economical stability, Ugolor regretted that Nigeria has mislaid a important magnitude of wealth to the process, which, according to him, would person been utilized for the improvement of the system and enlargement of nationalist services.

He said that mean citizens person been near to carnivore the brunt of illicit fiscal flows.

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Buttressing his point, helium mentioned the contiguous Benin-Sapele road, wherever the contractor reportedly carted distant N140b, leaving the radical to look untold hardship.

“The Benin-Sapele-Warri failed roadworthy task has caused untold hardship to Nigerians. This is simply a wide lawsuit of illicit fiscal flows arsenic the radical proceed to suffer,” helium said.

Ugolor observed that contempt Nigeria’s robust ineligible and organization architecture, specified arsenic the EFCC, ICPC, and NFIU, empowered to tackle illicit...