Saturday, June 25, 2005

220bn stolen by Nigeria's corrupt rulers---------Telegraph | News |

Telegraph | News | �220bn stolen by Nigeria's corrupt rulers: "

The scale of the task facing Tony Blair in his drive to help Africa was laid bare yesterday when it emerged that Nigeria's past rulers stole or misused �220 billion.

That is as much as all the western aid given to Africa in almost four decades. The looting of Africa's most populous country amounted to a sum equivalent to 300 years of British aid for the continent.

The figures, compiled by Nigeria's anti-corruption commission, provide dramatic evidence of the problems facing next month's summit in Gleneagles of the G8 group of wealthy countries which are under pressure to approve a programme of debt relief for Africa.

Gordon Brown, the Chancellor, has spoken of a new Marshall Plan for Africa. But Nigeria's rulers have already pocketed the equivalent of six Marshall Plans. After that mass theft, two thirds of the country's 130 million people - one in seven of the total African population - live in abject poverty, a third is illiterate and 40 per cent have no safe water supply.

With more people and more natural resources than any other African country, Nigeria is the key to the continent's success.
............

The stolen fortune tallies almost exactly with the �220 billion of western aid given to Africa between 1960 and 1997. That amounted to six times the American help given to post-war Europe under the Marshall Plan."

1 Comments:

At 2:46 PM, Blogger Hypatia Theon said...

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