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Nigeria Loses $18 Billion To Illicit Financial Flow Annually — Nigeria loses $18 billion to illicit financial flow annually

Nigeria Loses Over $18 Billion Each Year to Tax Avoidance and Illicit Financial Flows – Federal Government

The Federal Government of Nigeria has disclosed that the country experiences an annual financial drain exceeding $18 billion due to illicit financial flows and profit shifting schemes often executed by multinational companies operating within its borders. This revelation was made by Dr. Doris Uzoka-Anite, the Minister of State for Finance, during her address at the […]