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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.

what is the meaninig of hit ,please?

Thanks:)
Comments  
effected.
Sorry, Nona, wouldn't you mean "affected"?
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you are right Pieanne, sorry, affected.
the gas and oil is the worst effected?

and the extractive industries could prevent the loss?is it the meaning of that part?

He described the loss as 'monumental' and 'preventable', with extractive industries, such as oil and gas, among the worst hit.
The outgoing leader of the African Union, the Nigerian president Olesegun Obasanjo, has said that corruption costs Africa an estimated twenty-five percent of its collective national income. He blamed what he called 'unpatriotic citizens', who he said were looting the continent's resources..

he blamed what he called unpatriotic citizens.......is these two he belongss to the leader of africa?

who he said were looting the continent's resources.....and again here who he said ?is the leader of aafrica?
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He said the extractive industries - such as gas & oil - suffered most from that loss, which is/was monumental and preventive.
Behnazzz The outgoing leader of the African Union, the Nigerian president Olesegun Obasanjo, has said that corruption costs Africa an estimated twenty-five percent of its collective national income. He blamed what he called 'unpatriotic citizens', who he said were looting the continent's resources..

he blamed what he called unpatriotic citizens.......is these two he belongss to the leader of africa?

who he said were looting the continent's resources.....and again here who he said ?is the leader of aafrica?

All three "he" refer to the leader of the African Union, the Nigerian president O. O.