Nigeria, Global Agencies Agree to Fight Illicit Financial Flows in Africa

17 February 2018

With current estimated loss by Africa through illicit financial flows put at over $80 billion annually, Nigeria on Thursday agreed to collaborate with some global anti-graft groups to combat the menace in the continent.

Minister of Finance, Kemi, Adeosun, who said Nigeria accounted for a significant percentage of the loss, identified some groups the country agreed a high-level collaboration to include Organisation for Economic Cooperation and Development (OECD) and the World Bank Group.

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