 In August 2002 Shagari spoke out against move to impeach President Obasanjo, supporting the President's record to date.In August 2003, the African Development Bank announced that it was cancelling 80% of its projects in Nigeria due to corruption and misuse of funds, but that the recipients were still liable to repay loans disbursed for these projects.Reacting, Shagari told Nigerian officials to put the interests of the people before their own interests.