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Why Nigerian Leaders Are So Corrupt! / Nigeria Is So Corrupt It Would Be Better To Burn Our Aid Money- Britain! / Nigeria, A Country So Corrupt It Would Be Better To Burn Our Aid Money!! (2) (3) (4)
'A Country So Corrupt...' Daily Mail Article On Nigeria by Chegunn(m): 6:11am On Aug 12, 2013 |
A country so corrupt it would be better to burn our aid money By MICHAEL BURLEIGH PUBLISHED: 23:14 GMT, 8 August 2013 | UPDATED: 23:41 GMT, 8 August 2013 Nigeria is not quite the most corrupt country on earth. But according to Transparency International, which monitors international financial corruption, it is not far off — coming a shameful 172nd worst among the 215 nations surveyed. Only countries as dysfunctional, derelict and downright dangerous as Haiti or the Congo are more corrupt. In theory, Nigeria’s 170 million-strong population should be prospering in a country that in recent years has launched four satellites into space and now has a burgeoning space programme. Moreover, Nigeria is sitting on crude oil reserves estimated at 35 billion barrels (enough to fuel the entire world for more than a year), not to mention 100 trillion cubic feet of natural gas. It also manages to pay its legislators the highest salaries in the world, with a basic wage of £122,000, nearly double what British MPs earn and many hundreds of times that of the country’s ordinary citizens. No wonder the ruling elite can afford luxury homes in London or Paris, and top-end cars that, across West Africa, have led to the sobriquet ‘Wabenzi’, or people of the Mercedes-Benz. Yet 70 per cent of Nigerians live below the poverty line of £1.29 a day, struggling with a failing infrastructure and chronic fuel shortages because of a lack of petrol refining capacity, even though their country produces more crude oil than Texas. And that poverty is not for want of assistance from the wider world. Since gaining its independence in 1960, Nigeria has received $400 billion (£257 billion) in aid — six times what the U.S. pumped into reconstructing the whole of Western Europe after World War II. Nigeria suffers from what economists call the ‘resource curse’ — the paradox that developing countries with an abundance of natural reserves tend to enjoy worse economic growth than countries without minerals and fuels. The huge flow of oil wealth means the government does not rely on taxpayers for its income, so does not have to answer to the people — a situation that fosters rampant corruption and economic sclerosis because there is no investment in infrastructure as the country’s leaders cream off its wealth. Corruption in Nigeria is endemic — from parents bribing teachers to get hold of exam papers for their children through clerks handed ‘dash’ money to get round the country’s stifling bureaucracy to policemen taking money for turning a blind eye. It is at its most blatant, perhaps, in the oil industry, where 136 million barrels of crude oil worth $11 billion (£7.79 billion) were illegally siphoned off in just two years from 2009 to 2011, while hundreds of millions of dollars in subsidies were given to fuel merchants to deliver petrol that never materialised. Whether the country is ruled by civilians or soldiers, who invariably proclaim their burning desire to eradicate civilian corruption, it makes absolutely no difference. The military ruled Nigeria between 1966 and 1979 and from 1983 to 1999, but if anything, corruption was worse when they were in charge since they had a habit of killing anyone threatening to expose them. It is estimated that since 1960, about $380 billion (£245 billion) of government money has been stolen — almost the total sum Nigeria has received in foreign aid. And that even when successive governments attempt to recover the stolen money, much of this is looted again. In essence, 80 per cent of the country’s substantial oil revenues go to the government, which disburses cash to individual governors and hundreds of their cronies, so effectively these huge sums remain in the hands of a mere 1 per cent of the Nigerian population. Political power is universally regarded as a chance to reap the fortunes of office by the ruling elite and its families and tribes. The most egregious example was President Sani Abacha, a military dictator who ruled in the Nineties and accrued a staggering $4 billion (£2.58 billion) fortune by the time he died of a heart attack while in bed with two Indian prostitutes at his palace in the nation’s capital, Abuja, in 1998. Abacha’s business associates did nicely, too — one of them deposited £122 million in a Jersey offshore account after selling Nigerian army trucks for five times their worth. Public office is so lucrative that people will kill to get it. Nigeria has 36 state governors, 31 of whom are under federal investigation for corruption. In one of the smallest states, a candidate for the governorship occupied by one Ayo Fayose received texts signed by the ‘Fayose M Squad’ — and it was clear the ‘M’ was for ‘Murder’ when they stabbed and bludgeoned a third candidate to death in his own bed. By the end of its term of office, the British Government will have handed over £1 billion in aid to Nigeria. Given the appalling levels of corruption in that nation, this largesse is utterly sickening — for the money will only be recycled into bank accounts in the Channel Islands or Switzerland. Frankly, we might as well flush our cash away or burn it for all the good it’s doing for ordinary Nigerians. |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by Chegunn(m): 6:19am On Aug 12, 2013 |
Sadly we don't even need their aid but the article was on point since we have decided to bring shame on ourselves as a nation. "Nigeria(ns) when will you regain your senses" |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by luvola(m): 6:32am On Aug 12, 2013 |
a very sad situation |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by guy1234: 6:43am On Aug 12, 2013 |
Why do they still give us aid? Let them stop it maybe we go get small sense |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by Kanwulia: 7:14am On Aug 12, 2013 |
Kissing my American passport with GLEE! Good to know the CORRUPT USA takes care of it's citizens !!! |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by deeobserver209(m): 7:32am On Aug 12, 2013 |
This is very true. Nigeria is too corrupt. |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by KayDee4: 8:00am On Aug 12, 2013 |
Highest paid legislooters who get paid for doing nothing meaningful. The level of corruption in Nigeria is alarming and sickening. |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by Nobody: 8:22am On Aug 12, 2013 |
Stop giving Nigeria money! But this western aid donors will never listen |
Re: 'A Country So Corrupt...' Daily Mail Article On Nigeria by Nobody: 8:52am On Aug 12, 2013 |
Only violent revolution will stop such insolence. |
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