According to the Economic and Financial Crimes Commission’s allegations, a significant number of former governors, totaling at least 58, have alleged to been involved in the misappropriation, embezzlement, or laundering of approximately N2.187 trillion over a span of 25 years.
PERISCOPE NIGERIA reports that this amount does not include property seized worldwide or those currently being investigated, which amount to billions of Naira.
The amount of N2.2 trillion that was looted is similar to the combined budgets of Lagos State and the South-East states for 2024, totaling N2.25 trillion and N2.29 trillion respectively. This figure exceeds the budgets of the North-Central states and North-East states for 2024, which are N1.89 trillion and N1.60 trillion, by several billion.
The EFCC is currently investigating, probing, and prosecuting 58 ex-governors from various regions of the country. Since the restoration of civilian government on May 29, 1999, there have been at least 170 governors serving in the 36 states of Nigeria.
The 58 ex-governors who are currently or have previously faced investigations by EFCC, with alleged amounts in question, consist of:
late Abubakar Audu (N10.966 bn),
TA Orji and sons (N551 bn)
Yahaya Bello (N80.2 bn)
Chimaroke Nnamani (N5. 3 bn)
Sullivan Chime (N450 million)
Kayode Fayemi (N4bn)
Ayo Fayose (N6.9 bn)
Abdullahi Adamu (N15bn)
Danjuma Goje (N5bn)
Aliyu Wamakko (N15 bn)
Sule Lamido (N1.35 bn)
Joshua Dariye (N1. 16 bn)
Timipre Sylva (N19.2 bn)
Saminu Turaki (N36bn)
Orji Uzor Kalu (N7. 6bn)
Bello Matawalle (N70 bn)
Lucky Igbinedion (N4. 5 bn)
Musa Kwakwanso (N10bn)
Peter Odili (N1000 bn)
Jolly Nyame (N1.64 bn)
James Ngilari (N167 m)
Abdulaziz Yari (N84 bn)
Godswill Akpabio (N100bn)
Abdul fatah Ahmed (N9 bn)
Ali Mode-Sheriff (N300bn)
Willie Obiano (N43 bn)
Ibrahim Dankwambo (N1. 3bn)
Darius Ishaku (N39bn)
Ramalan Yero (N700m)
Achike Udenwa (N350m)
Rochas Okoro ha (N10. 8bn)
James Ibori (N40 bn),
DSP Alamieyeseigha (N2.655bn)
Gabriel Suswam (N3. 111bn)
Samuel Orton (N107bn)
Murtala Nyako (N29bn)
Rashid Ladoja (4.7bn)
Christopher Alao-Akala (N11. 5 bn)
Abdulkadir Kure (N600m)
Babangida Aliyu (N4bn)
Abubakar Audu (N10bn)
Idris Wada (N500m)
Ibrahim Shekarau (N950m)
Adamu Aliero (N10bn)
Usman Dakingari and wife (N5. 8bn)
Attahiru Bafarawa N19. 6bn)
Jonah Jang (N6. 3bn)
Aliyu Doma (N8bn)
Tanko Al’Makura (N4bn)
Boni Haruna (N93bn)
Bindow Jibrila (N62bn)
Adamu Muazu (13bn)
Isa Yuguda N212bn)
Mohammed Abubakar (N8. 5bn).
