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🇳🇬 Corruption blights Nigeria's oil industry - Counting the Cost

goodluck jonathan

Boko Haram

nigeria

graft

oil

al Jazeera

countingcost

countingthecost

oil wealth

corruption

Muhammadu Buhari

aljazeera

nigeria news

nigeria economy

business & economy

nigeria politics

politics & law

nigeria corruption

nigerian

nigerian corruption

nigeria wealth

Автор: Al Jazeera English

Загружено: 2015-08-18

Просмотров: 3502

Описание: Attempts to rein in corruption in Nigeria's oil industry are reportedly falling short, leaving many Nigerians asking where most of the wealth has gone.

The country's newly-elected President, Muhammadu Buhari, has pledged to fight corruption and is investigating claims by the former head of the Central Bank that $20bn of oil revenue went missing from the state oil company.

A report by accounting firm PricewaterhouseCoopers says the national oil company should refund $4.3bn to the government.

But it is not just the oil industry that is plagued by graft.

On a recent visit to Washington, Buhari sought US President Barack Obama's help in retrieving $150bn stolen by corrupt former officials and held in foreign bank accounts.

Zainab Shamsuna Ahmed, the executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), joins the programme to talk about Buhari's efforts to fight corruption

At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.

Social Media links:

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Twitter:   / ajenglish  
Website: http://www.aljazeera.com/
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🇳🇬 Corruption blights Nigeria's oil industry - Counting the Cost

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