Nigeria’s vice president says $15 bln stolen in arms procurement fraud

Around $15 billion – equal to about half the country’s foreign currency reserves – was stolen from Nigeria’s public purse under the previous government through fraudulent arms procurement deals, the vice president said on Monday. Africa’s top oil exporter is going through its worst economic crisis in decades due to the drop in global crude … Continue reading Nigeria’s vice president says $15 bln stolen in arms procurement fraud