No Hiding Place For Nigeria Tax Dodgers — Buhari

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

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

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The president has tweeted that there will be “no hiding place” for those who try to disguise their offshore wealth.

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Billions of dollars of public money are 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, news agency Reuters reported at the time.

The president is running for re-election next year.

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