Nigeria bleeding from within’ – Peter Obi alleges N34.44tn missing revenue

Mr Peter Obi of the African Democratic Congress, ADC, has expressed interest implicit what helium described arsenic monolithic gross leakages successful Nigeria, informing that the state is “bleeding from within” contempt rising earnings.

In a connection shared connected X connected Saturday, Obi cited caller reports by the World Bank indicating that Nigeria generated astir ₦84 trillion successful federation gross implicit the past 3 years.

He, however, alleged that 41 percent of the amount, astir ₦34.44 trillion was not remitted to the Federation Account.

He noted that the fig exceeds the combined ₦34 trillion allocated for superior projects successful the 2024 and 2025 Appropriation Bills, describing the examination arsenic a reflection of the standard of the issue.

According to him, the improvement suggests systemic problems successful nationalist concern management, which helium said person continued to deprive captious sectors specified arsenic healthcare, acquisition and infrastructure of needed funding.

The erstwhile statesmanlike campaigner called for greater transparency and accountability successful gross management, urging leaders to redirect nationalist resources towards nationalist improvement priorities.

“It is profoundly troubling to work caller World Bank reports indicating tha...