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SYSTEM PROCESSING...
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SYSTEM PROCESSING...
Posted: 2025-05-06 22:03:35 UTC
Status
Last Updated
2025-05-06 22:04:01 UTC
Verified By
Rollup News
Nigeria's wealth is being systematically looted by a network of individuals and institutions, both domestic and foreign, who operate with impunity. This is achieved through inflated contracts, banking fraud, and a compromised judiciary, all designed to keep the population in perpetual survival mode and prevent them from challenging the system.
Ownership of oilfields by individuals rather than the state.
Inflated road contracts and lack of investigations.
Banking sector exploitation and money laundering.
Impunity for politicians accused of looting.
Compromised judiciary protecting the elite.
Corruption is incentivized rather than punished.
The EFCC and other agencies are gatekeepers of the system.
The judiciary is compromised and protects the elite.
Ethnic and religious divisions prevent unity against the system.
Foreign influence and control over Nigeria's elite.