Nigeria Has Spent N6tn On Terrorism War Since 2008 -EFCC Boss Bawa
Afnews Editor
Sep 11, 2021
The Federal Government has reportedly spent N6tn on the terrorism war since 2008, according to the Chairman of Economic and Financial Crimes Commission, Abdulrasheed Bawa, stated on Friday.
READ ALSO: EXPL0SIVE: Edwin Clark Reveals Why Nigeria Will Crash
Bawa said this while presenting a paper titled, 'Combating Crime, Corruption and Implication for Development and Security,' at the 38th Cambridge International Symposium on Economic Crime, organised by the Centre for International Documentation on Organised and Economic Crime, Jesus College, University of Cambridge, United Kingdom.
READ ALSO: "Ikwuano Locked Down For Alex OttiÔÇØ - Monday Ubani SAN Sends Strong Message To Opposition
According to the EFCC boss represented by his Deputy Chief of Staff, Sambo Mayana, between March when he took office and now, the anti-graft agency has recovered over N6bn from financial and economic saboteurs.
READ ALSO: BUSTED! Police storms kidnappers' hideout in Calabar, nab 3 suspects, rescues victim
This was contained in a statement by the EFCC spokesman, Wilson Uwujaren, titled, 'In UK, Bawa calls on world leaders to rise to the challenge of fighting corruption.'
READ ALSO: OFFICIAL: Man United complete Matheus Cunha transfer
Citing a report by the Organisation for Economic Cooperation and Development, he noted that resources that could support a country's development are lost through criminal acts such as corruption, tax evasion, money laundering, and others.
READ ALSO: 'Atiku Has Urinated On The Graves Of Those Killed By Herdsmen In Ukum' - Benue Youths | READ HOW
Bawa noted, "The spoiler effects on countries' development processes are diverse, and particularly severe for fragile states: economic crime, including illicit financial flows, diverts much needed resources needed to rebuild countries' public services, from security and justice to basic social services such as health and education.ÔÇØ
Related Stories
Bloodbath At Wedding: Bandits Kill 13, Abduct Many In Midnight Attack In Kaduna Community
"Ikwuano Locked Down For Alex OttiÔÇØ - Monday Ubani SAN Sends Strong Message To Opposition
Mother's Day: Abia Government Liaison Officer Honours Women, Says Mothers Shape Future Leaders
Why ICPC Is Prosecuting Mike Ozekhome Over a London Property Deal That Has Shaken Nigeria's Legal Circle | READ DETAILS
Ofuji Ndị Igbo Sets 2026 Agenda, Promises Greater Community Engagement
How a Catholic Priest Slumped and Died While Delivering Homily in Delta Church
""
— Afnews Editor