Illicit Financial Flows: ANEEJ and SecFin Rally Media Amid Nigeria’s $17.8 bn Annual Loss

• Oil theft, under‑invoiced exports, and over‑invoiced imports create major leakages

Emmanuel Addeh in Abuja

Yesterday, the Africa Network for Environment and Economic Justice (ANEEJ) and SecFin Africa called for closer cooperation with journalists to combat illicit financial flows (IFFs), noting that Nigeria loses up to $17.8 billion each year to illicit fund movements.

The call was