Nigeria: financing the education of Nigerians abroad with illicit funds

0


It has long been common knowledge that most occupants of political offices in Nigeria send their children to schools abroad due to the virtual collapse of quality education in Nigeria.

A non-resident Carnegie Endowment for International Peace researcher, Matthew Page (who is described as “a Nigerian”), in a study titled: “The Spending of West African Elites on British Schools and Universities: A closer scrutiny, ”accused Nigeria’s Politically Exposed Persons, PEPs, of committing money laundering by using the education of their children and wards abroad as a conduit.

The report, which was commissioned by the UK government, according to its High Commissioner to Nigeria Catriona Laing, aimed to “better understand the risk to the UK of illicit financing in West Africa.”

We will now review the findings of the report and determine whether further action is required. “

Page’s report also accused the UK government of being reluctant to acknowledge shortcomings in its anti-money laundering policies or to learn lessons from recent anti-corruption failures, especially as many schools Britons are clearly complicit in the enrollment of pupils linked to known or even convicted “kleptocrats”. .

We are waiting to see exactly what the UK government does about this unhealthy conclusion which is hurting both the UK and the victim countries. Nigeria bears the brunt of the burden of the public treasury that steals to educate children of PEPs abroad while virtually abandoning state-funded education.

We suggest they start by monitoring the sources of funds used to pay the children and wards of these Nigerian PEPs and consider banning / expelling any sponsored student with stolen or illicit public funds.

The United Kingdom has an obligation to show its sincerity in ordering the investigation by the determination with which it deals with proven cases of money laundering.

Despite Nigeria’s much touted “anti-corruption wars”, the country has almost lost its ability to bring perpetrators to justice due to the nature of the system we run.

Without the help of developed countries and international agencies, corruption in the highest political circles in Nigeria has virtually no deterrent effect.

The deterioration in the quality of education in Nigerian schools is largely responsible for the poverty, underdevelopment and growing instability in Nigeria.

It also affects advanced countries like the UK through the number of unwanted emigrants in search of a better life.

It is in the UK’s interest that Nigerian leaders be encouraged to educate the bulk of their children in well-funded and managed domestic schools.



Source link

Leave A Reply

Your email address will not be published.