How UK’s new Unexplained Wealth Orders will affect Nigeria’s fight against corruption


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Business Interview

I think what the U.K has done is a good thing but we must always be careful to focus on Nigerian issues and not on issues that concern the U.S or U.K, because they have their own issues too, like terrorism and illicit flows of funds. I have made calculations over the last few years on the impact of corruption on Nigeria of the impact of corruption on Nigeria and I cannot find that corruption is more 1 or 2 per cent of GDP. It is not the big problem Nigerians make it to be for Nigeria. Nigeria’s bigger problem is growth and we spend all our energies chasing after 1 or 2 per cent of GDP because it is popular?

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