Nigeria officials “stole $15bn from fight against Boko Haram”May 4, 2016 - 11:26 AMT PanARMENIAN.Net - About $15bn was stolen from the fight against militant Islamists in Nigeria under the previous government, Vice-President Yemi Osinbajo has said, according to BBC News. The money was diverted through fraudulent arms contracts, he added. Several allies of ex-President Goodluck have been put on trial after being accused of awarding fake arms contracts worth $2bn. They deny any wrongdoing. President Muhammadu Buhari, who came to office last year, has vowed to fight corruption and recover "stolen funds." Those facing charges included former National Security Adviser Sambo Dasuki, ex-military chiefs and several contractors. They have all pleaded not guilty, BBC says. Speaking at a university in the south-western city of Ibadan, Osinbajo said the amount stolen was more than half of Nigeria's current foreign exchange reserves of $27bn. "It is important to send a message that no public officer can steal the resources of this country and expect to escape," he said. Africa's largest economy and oil exporter has been hit hard by the global slump in crude prices. It is facing its worst economic crisis in decades, with two-thirds of the country's 36 states struggling to pay salaries to workers. The government says it inherited an "empty treasury" when it took office last year. Buhari's political opponents accuse him of waging a witch-hunt against the previous administration. During Jonathan's rule, soldiers complained that despite the military's huge budget, they were ill-equipped to take on militant Islamist group Boko Haram. The insurgents have killed thousands in north-eastern Nigeria in their campaign, launched in 2009, to create an Islamic state. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |