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Yahaya Bello, Fayose, Akpabio and 55 other ex-governors allegedly looted N2.187 trillion since 1999

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No fewer than 58 ex-governors are currently under the Economic and Financial Crimes Commission (EFCC) radar over the allegation of looting, embezzling, or laundering the total amount of N2.187 trillion in 25 years that democracy has returned to Nigeria. 



The N2.2 trillion looted is equivalent to the Lagos State 2024 budget of N2.25 trillion and the entire South-East states’ 2024 budget of N2.29 trillion. It is several billion higher than the North-Central states’ 2024 budget of N1.89 trillion, and North-East’s N1.60 trillion.

Since the return to civil rule on May 29, 1999, the 36 states of the country have had no fewer than 170 governors.

Among 170 governors, 18 were acting governors or those whose elections were nullified by the courts; 36 are currently serving and 114 were elected governors who served for one or two terms.

According to a report by Vanguard, among the 134 former governors, no fewer than 58 have had fraud-related tangos with the EFCC of which only four were convicted.

Those convicted were Chief Lucky Igbinedion (Edo), late DSP Alamieyeseigha (Bayelsa), Jolly Nyame (Taraba), and Joshua Dariye (Plateau).

Between 2020 and 2022, the EFCC secured 6,981 convictions, according to data obtained from its website: www.efcc.gov.ng. In 2020, the commission secured 976 convictions; did 2,220 in 2021, and an unprecedented 3,785 in 2022. The data for 2023 is yet to be released.

No former governor is among the 6,981 persons convicted for fraud in the last three years.

A host of the cases are still in court, some have been dismissed for lack of diligent prosecution by the anti-graft agency and those affected acquitted. Some former governors visited the EFCC over the petitions against them and nothing was heard thereafter. Also, some former governors are dead and so are the cases against them.

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The 58 former governors who are having or have had brushes with EFCC and alleged amounts involved include late Abubakar Audu (N10.966 bn), TA Orji and sons (N551 bn), Yahaya Bello (N80.2 bn), Chimaroke Nnamani (N5. 3 bn), Sullivan Chime (N450 million), Kayode Fayemi (N4bn), Ayo Fayose (N6.9 bn), Abdullahi Adamu (N15bn), Danjuma Goje (N5bn), Aliyu Wamakko (N15 bn), Sule Lamido (N1.35 bn), Joshua Dariye (N1. 16 bn) and Timipre Sylva (N19.2 bn).

There are also Saminu Turaki (N36bn), Orji Uzor Kalu (N7. 6bn), Bello Matawalle (N70 bn), Lucky Igbinedion (N4. 5 bn), Musa Kwakwanso (N10bn), Peter Odili (N1000 bn), Jolly Nyame (N1.64 bn), James Ngilari (N167 m), Abdulaziz Yari (N84 bn), Godswill Akpabio (N100bn), Abdul fatah Ahmed (N9 bn), Ali Mode-Sheriff (N300bn), Willie Obiano (N43 bn), Ibrahim Dankwambo (N1. 3bn), Darius Ishaku (N39bn) and Ramalan Yero (N700m).

Others include Achike Udenwa (N350m), Rochas Okoro ha (N10. 8bn), James Ibori (N40 bn), DSP Alamieyeseigha ((N2.655bn), Gabriel Suswam (N3. 111bn), Samuel Orton (N107bn), Murtala Nyako (N29bn), Rashid Ladoja (4.7bn), Christopher Alao-Akala (N11. 5 bn), and Abdulkadir Kure (N600m).

The rest include Babangida Aliyu (N4bn), Abubakar Audu (N10bn), Idris Wada (N500m), Ibrahim Shekarau (N950m), Adamu Aliero (N10bn), Usman Dakingari and wife (N5. 8bn), Attahiru Bafarawa N19. 6bn), Jonah Jang (N6. 3bn), Aliyu Doma (N8bn), Tanko Al’Makura (N4bn), Boni Haruna (N93bn), Bindow Jibrila (N62bn), Adamu Muazu (13bn), Isa Yuguda N212bn) and Mohammed Abubakar (N8. 5bn).

The petitions against some former governors are hazy, and figures were not attached.

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Last January, the commission reportedly said that it would revisit the N772 billion alleged fraud cases against 13 former governors. Apart from being acquitted, a host of the former state helmsmen are claiming that they are innocent of the allegations and accusing the EFCC of a political witch-hunt.

However, the anti-graft has insisted on revisiting some of the cases and ensuring that those indicted are brought to book. It is to be seen how far it would go in its latest offensive.

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