Nation
Over $600bn Of Nigeria’s Money Stolen Since 1960-Moghalu
Presidential hopeful, Prof. Kingsley Moghalu, yesterday said that over 600 billion dollars of Nigeria’s money had been stolen through corruption since 1960.
Moghalu, a former Deputy Director of the Central Bank of Nigeria, made this known in an interview with The Tide source in Lagos.
He called for a systemic and serious approach in the fight against corruption, to build Nigeria and move it forward.
According to him, corruption remains one of the biggest problems facing us in our country.
He said that Nigeria needed to intensify the fight against corruption because it had remained a major challenge to its development and had worsened.
“We can fight corruption in four very important ways. The first is through value system education and reform.
“We have to teach our kids right and wrong from the elementary school to secondary school. Ethics must become a compulsory subject.
“Secondly, Nigeria’s leaders must lead by example via accountability to the people.
“Thirdly, there must be punishment for corruption. if anyone engages in the act of corruption, such person must be made to pay for it and anyone found guilty of corruption must go to prison. It is not enough to simply sack people because they were corrupt.
“Finally, we have to improve the reward of public officers, their servants and the social safety net.
“Many people steal in public life because they are afraid about their old age and whether they will have anything or a roof over their heads.
“So, these are some of the things we must look at. We have to look at fighting corruption in a systemic way and be serious about it,” he added.
Moghalu reiterated that he was on a mission to build the nation.
Nation
HYPREP Marks 15 Years Of UNEP Report, Highlights Major Cleanup Milestones
In a statement signed by the Project Coordinator, Prof Nenibarini Zabbey, to commemorate the anniversary, HYPREP described the anniversary as a significant milestone in Nigeria’s environmental restoration efforts, noting that the project has made remarkable progress in implementing the recommendations of the landmark UNEP report released on August 4, 2011.
The UNEP report had revealed extensive oil pollution across Ogoniland, severe environmental degradation, and serious public health risks resulting from decades of petroleum operations. It also recommended an initial $1 billion fund to commence the cleanup of the affected communities.
According to HYPREP, the Federal Government formally launched the Ogoni clean-up in 2016, while the Project Coordination Office was established in 2017 to drive the implementation of UNEP’s recommendations.
Zabbey said the current administration has continued to prioritise the project under the Renewed Hope Agenda.
Providing an update on the cleanup, the Project Coordinator disclosed that 30 of the 65 contaminated sites identified by UNEP have been fully remediated, while work is ongoing at several medium- and high-risk locations. It also stated that more than 1.5 million mangrove seedlings have been planted as part of what it described as the world’s largest restoration of oil-degraded mangroves, with over 1,000 hectares of shoreline already rehabilitated.
Zabbey further revealed that 49 Ogoni communities have been connected to potable water schemes through multiple water projects and booster stations aimed at providing safe drinking water across the region.
In the health sector, he said the 100-bed Ogoni Specialist Hospital in Kpite and the 43-bed Cottage Hospital in Buan are nearing completion, adding that several existing health facilities have been upgraded with modern medical equipment, while five ambulances have been donated to improve emergency healthcare services. The Project Coordinator also disclosed that a three-year human health biomonitoring study is being conducted in collaboration with the World Health Organization’s International Agency for Research on Cancer (IARC).
On economic empowerment, Zabbey stated that the Project has created more than 8,000 direct jobs and trained thousands of Ogoni youths and women in various vocational and technical skills, including software development, cybersecurity, aviation, commercial diving, seafaring, mechatronics, and creative arts. The project also reported awarding scholarships to more than 1,000 students, providing grants to small businesses, and supporting persons living with special needs through skills acquisition programmes.
The statement further highlighted ongoing legacy projects, including the Ogoni Power Project and the Centre of Excellence for Environmental Restoration, which it said is about 96 per cent complete. HYPREP also welcomed the recent designation of the Ogoni Wetland as a Ramsar Site of International Importance and pledged to continue promoting biodiversity conservation and sustainable management of the ecosystem.
Marking the anniversary, Zabbey said the progress achieved over the past 15 years demonstrates the collective commitment of government, development partners, stakeholders, and local communities to restoring Ogoniland. He called for renewed collaboration to sustain the cleanup effort, promote environmental sustainability, and support the long-term development of the region. 3
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