He also accused the West of collaboration, by allowing the proceeds from corruption to be held in banks outside Africa. The president promised to tackle the problem in Nigeria by making the country's oil industry more transparent.
He urged local government as well as the media and other sections of society to join the fight, too. The war - as he put it - had to be both horizontal and vertical.
corruption
dishonest or illegal behaviour
monumental
very big
preventable
could be stopped
extractive industries
businesses which remove products (e.g. oil or gas) from the ground
collaboration
working with those guilty of corruption
proceeds
money made
to tackle
to fight
more transparent
less secretive
urged
strongly encouraged
iwms 4.6