It includes two photos of piles of US currency: the first shows 10-dollar bills and the second shows 100-dollar bills.
“Nigeria chief of General staff have over four trillions dollars on his overseas personal account president mohmmed Buhari is fighting corruptions shares until world leaders sees how we are fighting corruptions,” the error-ridden post reads.
The post, made on 20 November 2019, has been shared more than 350 times.
‘Outrageous, false, not possible’
But US$4 trillion comes to about N1.2 quadrillion when it’s converted to the naira, Nigeria’s currency, at the official exchange rate.
That’s more than 100 times Nigeria’s proposed budget of N10.3 trillion for the year 2020.
“It’s outrageous and not possible,” Prof Josaphat Onwumere, a banking and finance expert who teaches at the University of Nigeria Nsukka, told Africa Check.
“That post is totally false,” he said. “There is no bank in the world that can hold such an amount of US dollars for an individual secretly. It is very difficult to hide $4 billion. But it is not possible for $4 trillion.” – Allwell Okpi
For publishers: what to do if your post is rated false
A fact-checker has rated your Facebook or Instagram post as “false”. What should you do? First, don't delete!
Click on our guide for the steps you should follow.
Africa Check teams up with Facebook
Africa Check is a partner in Facebook’s third-party fact-checking programme to help stop the spread of false information on social media.
The content we rate as “false” will be downgraded on Facebook and Instagram. This means fewer people will see it.
You can also help identify false information on Facebook. This guide explains how.