President Buhari says ‘No hiding place’ for tax dodgers

October 11, 2018
| Report Focus News

Muhammadu Buhari, Nigeria’s President, has threatened compatriots who hold assets abroad to declare them or face prosecution.

As part of his fight against corruption, the president Muhammadu Buhari has given people 12 months to register under the Voluntary Offshore Assets Regularization Scheme.

Amount summing Billions of dollars of public money is thought to have been transferred abroad by corrupt public officials.

In 2016, Mr Buhari’s government announced that it had recovered $9.1bn (£6.9bn) of money illegally taken abroad

The president is running for re-election next year.