Approximately how much was lost each year as a result of corruption? [br] [orig

President Obasanjo said about 148 billion dollars were lost each year as a result of corruption. He described the loss as "monumental" and "preventable" , with extractive industries, such as oil and gas, among the worst hit.

The website Friends Reunited was started for fun in 1999 by a couple who were interested to know what their old school friends were doing. The project snowballed and by 2005, the site had 12 million members. One extraordinary fact is that Friends Reunited has never advertised, its success is entirely due to word-of-mouth.