This is not an enjoyable time for Nigeria’s political billionaires.

The Economic and Financial Crimes Commission's spot light is permanently on them.

This is simply because they became billionaires by dipping their hands in the cookie jar and keeping national treasures in privately owned checked-bags.

One of the latest billionaires discovered by EFCC is a former Commissioner for Local Government in Niger State, Kantigi Liman.

The Commission is reported to have traced an additional 2 billion Naira to the United Bank for Africa account of Mr. Liman, bringing to 6 billion Naira, the funds traced to accounts held by the politician and companies linked to him.

EFCC had weeks earlier traced 4 billion Naira to two accounts in GTBank, both managed by Liman.

The first account belongs to Sadiq Air Travel Agency Limited and the second to Kantigi.

The suspect, Liman, may be declared wanted by the anti-graft agency as he has been evading arrest and invitations.

"He is on the run and all efforts to track him down have been futile. The next option left for the Commission is to declare him wanted," the source said.

The source further disclosed that investigations so far points in the direction that the funds were siphoned from the local government joint account of Niger State.

EFCC desperately wants to confront him with available evidence.

Liman is said to have invested the money in fixed deposit accounts where he is believed to rake in monthly interest worth over 33 million Naira.