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Obasanjo Describes Corruption as Nigeria’s Greatest Development Threat

Former President Olusegun Obasanjo has described corruption as the most significant obstacle to Nigeria’s development, warning that it disproportionately affects the poor.

Obasanjo spoke in Lagos during the public presentation of “Unexplained Wealth: A Trilogy of Nigerian Financial Law,” authored by Senior Advocate of Nigeria, Dr. Wahab Shittu.

The former president said corruption continues to widen inequality and undermine development efforts, stressing that the poor bear the heaviest consequences of a corrupt system.

He called for stronger institutions and effective accountability mechanisms to curb illicit enrichment and safeguard public resources.

Also speaking, the Emir of Kano, Muhammadu Sanusi II, argued that legal reforms alone would not eliminate corruption without corresponding political and judicial reforms.

Sanusi warned against selective enforcement of anti-corruption laws and urged authorities to apply the law fairly and impartially.

Former Vice President Yemi Osinbajo, represented by his former Chief of Staff, Ade Ipaye, called for a transparent and constitutionally sound framework for recovering stolen assets while protecting legitimately acquired wealt