Buhari Seeks Obama’s Aid to Recover $150 Billion in Nigeria Loot

Nigeria – Nigerian President Muhammadu Buhari is requesting that President Barack Obama help to find and return $150 billion believed to have been stolen by corrupt officials in Nigeria.

Buhari, who’s meeting Obama during a visit to the U.S. capital, made a call in an opinion article reported Monday in the Washington Post.

“The fact that I now seek Obama’s assistance in locating and returning $150 billion in funds stolen in the past decade and held in foreign bank accounts on behalf of former, corrupt officials is a testament to how badly Nigeria has been run,” he wrote. “This way of conducting our affairs cannot continue.”

Buhari, who took office on May 29 after defeating Goodluck Jonathan in March election, promised during his campaign to track down corrupt officials, including the oil industry that gives Africa’s biggest economy about 66% of government income and 90 percent of export earnings.

We seek the support and partnership of the United States in these tasks. The importance of the fight against terrorism and corruption in Nigeria, Africa’s most powerful economy and largest populace, cannot be underestimated. Our allies can provide much-needed military training and intelligence as our soldiers take the war effort to Boko Haram.

Similarly, we look to U.S. businesses as well as the Obama administration to help develop governance initiatives that can ensure that Nigeria’s wealth benefits all its people, not just a few. By taking these steps, we will be positioned to benefit from increased investment particularly in energy and electricity from the United States.

“I was elected on a platform of change. I know this is what the people of Nigeria desire more than anything else. I know they are impatient for action. I realize the world waits to see evidence that my administration will be different from all those that came before.

“Yet reforming my country after so many years of abuse cannot be achieved overnight. In our campaigns against both Boko Haram and corruption, we should remain steadfast and remember, as it is said: “Have patience. All things become difficult before they become easy.”


Some material for this report came from the Washington Post

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