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Nigeria Bleeding From Within - Peter Obi Alleges N34.44tn Missing Revenue

Obi said the missing sum exceeds the combined ₦34 trillion for capital projects in the 2024 and 2025 budgets.

Mr Peter Obi of the African Democratic Congress, ADC, has expressed concern over what he described as massive revenue leakages in Nigeria, warning that the country is “bleeding from within” despite rising earnings. In a statement shared on X on Saturday, Obi cited recent reports by the World Bank indicating that Nigeria generated about ₦84 trillion in federation revenue over the past three years. He, however, alleged that 41 percent of the amoun…

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akelicious.net broke the news on Saturday, April 18, 2026.
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