Re:Bill and Melinda Gates Are Paying Off Nigeria's $76M Debt...
by btilly on Monday January 15, 2018 @08:02PM
(#16154976)
You're talking about $200 or $300 per capita of GDP going to corruption, maximum.
Do you have a source?
According to https://www.pwc.com/ng/en/publications/impact-of-corruption-... the cost of corruption in Nigeria is around $1000 per person per year, and rising. Given that the GDP per capita is estimated at around $2180 per person, this is not a small impact.
(I was surprised to find that GDP per capita is less than income per capita.)
You're talking about $200 or $300 per capita of GDP going to corruption, maximum.
They have an economy comparable in size to Indiana, with 190 million people.