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The Acting President, Prof Yemi Osinbajo has explained why corruption is prevalent among political elites in Nigeria. He said this was because of the high premium placed on wealth in the country. Osinbajo said this while inaugurating the Private Sector Advisory Group for the Sustainable Development Goals at the Presidential Villa, Abuja. He said some nations were doing better than Nigeria because they didn’t place much emphasis on wealth. 

Osinbajo said, “We have decided as an elite in this country that wealth is a measure of worth. It is a decision we made consciously or unconsciously. “The political elite have decided that wealth is a measure of worth and that is why you find so much corruption among the political elite. Even the religious elite believe that it is a blessing of God."
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