Leading Nigerian economists have questioned reports that more than $2tn had been stolen from the treasury and had been recovered.
Local media quoted Justice Minister Abubakar Malami as saying that the money was recovered by the anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), in the last 12 years.
But Nigeria's former deputy central bank governor Obadiah Mailafia told me that even though a lot of money had been looted, the $2tn figure seemed to be an exaggeration.
"Look at our budget, the highest amount budgeted in our history was $31bn, I don't think it is true," he added.
Another leading Nigerian economist Bismarck Rewani told the BBC that the $12tn figure was impossible to believe it was more than the entire Nigerian budget for that time.
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