Vice President Yemi Osinbajo has said no economy can tolerate the level of corruption seen in Nigeria without consequences.
He noted that It is important that Nigerians insist that the problem of corruption must be dealt with considering the extent of the damage it has caused the country’s economy.
According to a statement by his spokesman, Laolu Akande, Osinbajo made the assertion yesterday, while receiving a delegation of the University of Lagos Alumni Association that paid him a courtesy visit at the Presidential Villa.
“We’ve watched corruption fighting back, some people even said bring back corruption, but not the man on the street,” according to Prof. Osinbajo who added that the nation has witnessed excessive corruption.
He said, “no economy can tolerate the level of corruption seen in Nigeria without consequences. Look at the Northeast, while a war is going on, Nigerian lives being lost, some local governments had been
taken over, and yet people cannot account for $15B meant for security equipment purchases.”
“The corruption has been so much. Look at the sheer amount of money stolen and decisions taken that fuels corruption, decisions taken just with the sole aim of cornering national resources,” the vice president lamented.