A total of 55 Nigerians are alleged to have stolen $6.2 billion from the national fund, though their names were not mentioned.
Lai Mohammed, the Minister of Information and Culture, who made this known on Aljazeera, listed the facilities the stolen money could have provided.
He said if only one third of the stolen money was returned to Nigeria it would have built 600 kilometres of roads, 37 hospitals, 20,000 housing units and train 4,000 kids from primary to university level.
Mohammed, while speaking on a video called Kleptocracy Tour, a tour organised by anti-corruption campaigners in the British capital to expose money laundering by foreigners, revealed that the money was siphoned from the national coffers.
