Information and Culture Minister Lai Mohammed says 55 people may have stolen about $6.2 billion public funds from the country.
He gave no names of the culprits, listing only projects which government could have executed with a third of the funds, if recovered.
Mohammed spoke on an Al Jazeera as part of a feature on the vast properties acquired in the UK with stolen funds by Nigerians.
According to the minister, $2.06billion of the alleged stolen funds would have built 600 kilometres of roads, 37 hospitals, 20,000 housing units and trained 4000 kids from primary to university level.
The corruption problem was also the subject of discussion on the Facebook wall of President Muhammadu Buhari's Special Assistant on Social Media, Lauretta Onochie yesterday.
Onochie aimed darts at former First Lady, Dame Patience Jonathan and ex-Petroleum Affairs Minister Diezani Alison-Madueke for what she called their weird demands.
Her words: "It's the season of weird demands. Recently, Nigerians were assaulted by the demand by the wife of the former President Goodluck Jonathan, Patience Jonathan, asking President Muhammadu Buhari to "Tell EFCC to leave her alone."
"Fat chance! EFCC is an institution, not an adulterous man running after someone else's wife. "So, woman to woman, I asked her to look inwards. Patience should wear the sort of aura that dispels, rather than attracts law enforcement agencies.
"She can start by being honest and coming clean, regarding everything - cash, properties, etc., that were ill-acquired. Then hand them back to the rightful owners. Yes, back to Nigerians via the EFCC.
"You see, EFCC, ICPC, DSS, CCT, all follow the smell of crimes. If she does not have suspicions of criminal activities oozing and buzzing from and around her, there's no way she'll be dragging President Buhari to commit impunity by ordering EFCC to leave you alone.
"But there again, she's been busy swatting the bees, she had no time to see that her husband's reign of impunity, ended many moons ago.
"But that's not the end of the story. And then, there's Diezani Alison- Madueke.
"She too, wants something. She wants to return home. Remember she's in the UK for medical purposes. Remember the photoshopped images her image launderer plastered all over the tabloid and the Social Media?
"Diezani is over 18 years old. That makes her an adult. She dusted her passport and flew out of this country, Nigeria.
"She had concluded plans to run off to a Caribbean Island to live off the blood money she stole, not hauled from the poorest and the most vulnerable citizens of this nation.
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