Categories BLUE UPDATE Nigeria, Africa Lose $88bn Annually to Illicit Financial Flows – Wale Edun Post author By bibbybeau Post date 31 March 2026 No Comments on Nigeria, Africa Lose $88bn Annually to Illicit Financial Flows – Wale Edun Nigeria’s Finance Minister Wale Edun reveals that illicit financial flows cost Nigeria and Africa up to $88 billion yearly, urging stronger tax systems and fiscal reforms to boost development. Tags African Economy, African Union, Economic Development, Fiscal Policy, Illicit Financial Flows, Nigeria, NRS, Revenue Mobilization, Tax Reform, Wale Edun