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Infographics: Budget Monitoring Project

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WORLD BANK, LOOTED, RECOVERED FUNDS AND PUBLIC ACCOUNTABILITY

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Background
The story of Nigeria cannot be complete without reference to corruption. Since independence in 1960, a country of 170 million people has been plagued with the cankerworm of corruption and ineptitude. The consequences are enormous. Life expectancy continues to nosedive, economic growth faces a meltdown and the democratic fabric of the country has been pushed into a moral cesspit.

Most of her citizens remain the poorest of the poor, though a few of her elite live in opulent wealth some of which are traced to illicit funds.

There is indeed a symbiotic relationship between corruption, waste and […]