Nigeria is one of the richest countries in Africa, if not the richest. However, most of its people live in poverty, don’t know how to read or write, don’t have access to good healthcare, don’t have good infrastructure, don’t feel safe, etc.
Since her independence in 1960, a large proportion of those who have had the opportunity to be in positions of power have cheated her.
So many cases of fraud, embezzlement, and corruption in the Nigerian system just happen to get closed without any form of justice, many of which have gotten away with Nigeria’s money while the people remain in poverty.
Different schemes are used by our leaders to get money from the country. Back in 2019, 2020, and 2021, advocates for coronavirus were so vocal that people were afraid to go about their daily lives; however, as the election approaches, have you heard anything about coronavirus?
Many of these people have even gone out to take pictures with and hug the same people they refused to help when they had the opportunity.
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In the most recent case of embezzlement in Nigeria, it was said that the accountant general of the federation stole 80 billion naira over the course of his four-year term.
Even if a bachelor’s degree holder earns two million naira monthly; it will take forty- two years for the person to make 1 billion, but a single person was able to embezzle a whooping sum of eighty billion naira within the four-year term he was asked to serve Nigeria and yet we ask why we are suffering in Nigeria.
In October 2015, a former minister for petroleum was arrested in the United Kingdom for money laundering, with the help of other accomplices.
The CBN governor, Lamido Sanusi the now Emir of kano had detected a form of manipulation in the figures from the oil sector making the sum of twenty billion naira missing.
In a recent review of the case, one hundred and fifty million dollars and eighty houses were reportedly recovered from the ex-minister. More and more discoveries are made in this case which is still ongoing.
The late general Sanni Abacha ruled Nigeria between the years 1993- 1998 yet in the year 2022, 24 years later millions of dollars of money looted by the late general are still being recovered(source: BBC News, Google).
The current state of Nigeria is bizarre; the people elected to serve are the ones draining the country. Nigeria is faced with so many problems, yet all our leaders can do is create even bigger problems rather than create solutions and make things better.
The Academic Staff Union of Universities (ASUU) has been on strike since February 2022 and marked its 100th day on strike on May 25, 2022. The body that is supposed to be responsible for the creation of future leaders is yet to be adequately funded, but an individual is able to defraud the country of 80 billion naira.
The system is rotten! Insecurity is on another level, the lives of Nigerians are at stake. The Nigerian economy is on the edge, with the rate of inflation rising every day, a loss of value for the naira.
