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| Version 2 | Version 3 |
|---|---|
| Nigerian leaders 'stole' $380bn | Nigerian leaders 'stole' $380bn |
| (about 5 hours later) | |
| More than $380bn has either been stolen or wasted by Nigerian governments since independence in 1960, the chief corruption fighter has said. | More than $380bn has either been stolen or wasted by Nigerian governments since independence in 1960, the chief corruption fighter has said. |
| Nuhu Ribadu told the BBC that Nigeria has "nothing much" to show for the missing money. | Nuhu Ribadu told the BBC that Nigeria has "nothing much" to show for the missing money. |
| He said the worst period for corruption was the 1980s and '90s, but currently two-thirds of governors are being investigated by Mr Ribadu's agency. | He said the worst period for corruption was the 1980s and '90s, but currently two-thirds of governors are being investigated by Mr Ribadu's agency. |
| Nigeria is Africa's biggest oil exporter but most people are poor. | Nigeria is Africa's biggest oil exporter but most people are poor. |
| The country is regularly ranked as one of the most corrupt by graft watchdog Transparency International. | The country is regularly ranked as one of the most corrupt by graft watchdog Transparency International. |
| President Olusegun Obasanjo declared a state of emergency in Ekiti State on Thursday after the governor was found guilty of siphoning state funds into personal bank accounts and receiving kickbacks. | President Olusegun Obasanjo declared a state of emergency in Ekiti State on Thursday after the governor was found guilty of siphoning state funds into personal bank accounts and receiving kickbacks. |
| Political corruption | Political corruption |
| Mr Ribadu said he had come up with his figure of $380bn stolen or wasted since independence "easily" through records kept by the Nigerian central bank and the ministry of finance. | Mr Ribadu said he had come up with his figure of $380bn stolen or wasted since independence "easily" through records kept by the Nigerian central bank and the ministry of finance. |
| "Basically, this money has gone to waste, nothing much to show for it," he told the BBC's Network Africa programme. | "Basically, this money has gone to waste, nothing much to show for it," he told the BBC's Network Africa programme. |
| WHAT DOES $384.6BN BUY? 225 Space Shuttles795,115 Rolls Royce Phantoms400m PC computers32m primary school rooms3,800kg rice for each Nigerian | |
| "Of course, probably part of it will have gone to outside stealing." | "Of course, probably part of it will have gone to outside stealing." |
| Mr Obasanjo's critics say the fight against corruption is being used to victimise his opponents ahead of next year's elections. | Mr Obasanjo's critics say the fight against corruption is being used to victimise his opponents ahead of next year's elections. |
| Mr Obasanjo is not standing after an attempt to let him seek a third term was defeated. | Mr Obasanjo is not standing after an attempt to let him seek a third term was defeated. |
| But Mr Ribadu denied he has a political motive in his fight against corruption. | But Mr Ribadu denied he has a political motive in his fight against corruption. |
| "When you are doing this kind of work, you will always be accused of one thing or another." | "When you are doing this kind of work, you will always be accused of one thing or another." |
| Last month, Vice-President Atiku Abubakar was indicted on charges of corruption, which could stop him from running for office. | Last month, Vice-President Atiku Abubakar was indicted on charges of corruption, which could stop him from running for office. |
| He denies allegations he diverted $125m into personal business interests. | He denies allegations he diverted $125m into personal business interests. |
| Mr Ribadu has led Nigeria's battle against corruption as chairman of the Economic and Financial Crimes Commission (EFCC). | Mr Ribadu has led Nigeria's battle against corruption as chairman of the Economic and Financial Crimes Commission (EFCC). |
| The EFCC says in the past two years it has recovered more than $5bn and has successfully prosecuted 82 people. | The EFCC says in the past two years it has recovered more than $5bn and has successfully prosecuted 82 people. |
| Money laundering | Money laundering |
| Mr Ribadu told the BBC that $140m had been recovered from one unnamed former Nigerian leader and that nearly $400m of illegally gained assets had been identified in the possession of a former governor of Bayelsa State. | Mr Ribadu told the BBC that $140m had been recovered from one unnamed former Nigerian leader and that nearly $400m of illegally gained assets had been identified in the possession of a former governor of Bayelsa State. |
| Vice-President Abubakar denies corruption allegationsLast year, Nigeria recovered $458m found in Swiss bank accounts linked to the country's late military ruler Sani Abacha. | Vice-President Abubakar denies corruption allegationsLast year, Nigeria recovered $458m found in Swiss bank accounts linked to the country's late military ruler Sani Abacha. |
| Mr Abacha was in power from 1993 to 1998 and is thought to have embezzled billions of dollars. | Mr Abacha was in power from 1993 to 1998 and is thought to have embezzled billions of dollars. |
| Last year his son, Abba Sani Abacha, was charged with money laundering and fraud after being extradited to Switzerland. | Last year his son, Abba Sani Abacha, was charged with money laundering and fraud after being extradited to Switzerland. |
| Despite the missing money Nigeria has managed to pay off its multi-billion dollar debt to the Paris Club of major lenders, thanks to high oil prices. | Despite the missing money Nigeria has managed to pay off its multi-billion dollar debt to the Paris Club of major lenders, thanks to high oil prices. |
| About $5bn is still owed to other lenders including the World Bank and the private sector. | About $5bn is still owed to other lenders including the World Bank and the private sector. |