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Deconstructing Nigerian Corruption

Oct 11, 2016 | 09:15 GMT
To effectively fight the endemic corruption in his country, Nigerian President Muhammadu Buhari (C) will have to overcome political opposition from the entrenched interests that profit from it.
To effectively fight the endemic corruption in his country, Nigerian President Muhammadu Buhari (C) will have to overcome political opposition from the entrenched interests that profit from it.
(PHILIP OJISUA/AFP/Getty Images)

Corruption is sapping the Nigerian state. Some estimates say the country has lost hundreds of billions of dollars to graft since its independence from Britain in 1960. If left unaddressed, corruption could cost the country an amount equal to more than 37 percent of gross domestic product by 2030, estimates by London-based accounting firm PwC show. Nigerian President Muhammadu Buhari made tackling corruption a focus of his administration since taking office in May 2015. Gauging his chances of success requires examining his country's geopolitical landscape and his two rises to power....

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