Curbing illicit financial flows
For years, illicit financial flows (IFFs) have continued to undermine Nigeria’s economic growth and weaken the government’s capacity to invest in critical sectors. The latest figures show that Nigeria may be losing as much as $17.8 billion every year to IFFs. The alarming estimate was highlighted during a recent capacity-building workshop for journalists by the Africa Network for Environment and Economic Justice (ANEEJ) against illicit financial flows in sub-Saharan Africa.
27th July 2026