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Will Nigeria Be Better Off Than This If Politician Invested Their Stolen Loot? - Politics - Nairaland

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Will Nigeria Be Better Off Than This If Politician Invested Their Stolen Loot? by Nobody: 3:58pm On Jun 11, 2011
how comfortable will nigeria be, if our past and even new politicians invested the stolen loot in our country?
Or will it be worser than this as a result of mismanagement? Since we know management in Nigeria is zero
Re: Will Nigeria Be Better Off Than This If Politician Invested Their Stolen Loot? by snowdrops(m): 4:18pm On Jun 11, 2011
investing stolen money can create employment for a selected few, however this is stolen public money. it means hospitals, schools, markets, roads, security agencies would all suffer thereby making life unbearable for the majority
Re: Will Nigeria Be Better Off Than This If Politician Invested Their Stolen Loot? by Sunofgod(m): 4:21pm On Jun 11, 2011
From the start of the 1980's, if all our corrupt politicians and other officials had invested their loot in Nigeria:

- It would have resulted in Billions and Billions circulating within the economy.

- It would have led to thousands and thousands of jobs being created.

- It would have led to Nigeria being a modern industrialised state today.

But it would have definetely pissed of the white man as the embezzled loot would not have found its way into their corrupt banks and false economies.

Even though the money was diverted from the public sector, it would have at least been spent in the private sector within Nigeria.
Re: Will Nigeria Be Better Off Than This If Politician Invested Their Stolen Loot? by 2muchlogic(m): 5:15pm On Jun 11, 2011
Donlittle:

how comfortable will nigeria be, if our past and even new politicians invested the stolen loot in our country?
Or will it be worser than this as a result of mismanagement? Since we know management in Nigeria is zero

I don't think the economy would be better off (higher GDP), but Nigeria would still be under-developed, since the looters lack ethics, vision and creativity.

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