No fewer than 58 former governors have allegedly looted, embezzled and laundered a total of ₦2.187 trillion in 25 years since democracy returned to Nigeria.
The sum is based on the Economic and Financial Crimes Commission (EFCC) ‘s allegation against the former Governors.
The ₦2.187 trillion figure excludes properties seized worldwide and others currently under investigation worth billions of naira.
According to Vanguard, the looted money is equivalent to the 2024 budget of Lagos state (N2.25 trillion) and the entire southeast states ( N2.29 trillion).
The N2.2 trillion is several billion higher than the N1.89 trillion and N1.60 trillion 2024 budgets of the entire states in the north-central and northeast.
Among the 58 former governors, drawn from the six regions of the country, some are being probed, while others have been probed, investigated, and prosecuted.
See the list of former Governors below:
