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Nigeria, 2nd Most Corrupt In W’Africa Under Buhari -TI … We Are Vindicated, Says PDP As FG Faults Rating
The Peoples Democratic Party (PDP), yesterday, said the damning 2019 corruption index report on Nigeria by Transparency International (TI), is a vindication of its stand that corruption has worsened under President Muhammadu Buhari and the ruling All Progressives Congress (APC).
The party said it is a national embarrassment “that under an administration by the same leader who wears the medal as ‘African Union (AU), Anti-Corruption Champion,’ and whose government boasts of zero-tolerance for corruption, our nation now ranks as fourth most corrupt country in West African and one of the leading most corrupt countries of the world.”
In a statement issued by its spokesman, Kola Ologbondiyan, the PDP chided President’s Buhari’s handling of the economy since he came to power in 2015.
The statement read: “The TI report, which shows our country dropping to a malodorous 26, from the already disapproving 27 points it maintained since 2017, has further exposed the Buhari administration and the APC as merely posturing as saints and hounding innocent Nigerians with fake anti-corruption war, while engaged in unprecedented looting of our national resources.
“It indeed speaks volume that the Buhari administration and the APC that came into power in 2015 on an anti-corruption mantra, has ended up becoming the most corrupt in the history of our dear nation. Moreover, the fact that the APC and its government, with their numerous megaphones, have remained silent over the report is also very revealing.
“By this TI report, Nigerians are no longer in doubt as to why our nation has been plagued with worsening economic hardship, poverty and hunger, dilapidated infrastructure and devastating retrogression in critical sectors such as health, power, education, transport, agriculture among others in the last four years while APC leaders, their families and cronies, gloat in affluence to the chagrin of Nigerians.
“Nigerians can recall that our party has since been challenging Buhari Presidency and the APC to come clean, account for the over N14trillion allegedly stolen by APC leaders from government coffers in the last four years.
“This includes the stolen N9trillion detailed in the Nigerian National Petroleum Corporation (NNPC) leaked memo; the N1.1trillion worth of crude allegedly stolen by certain APC leaders using 18 unregistered vessels; the over N1.4trillion stolen from shady oil subsidy deals as well as monies stolen from sensitive government agencies, including the Federal Inland Revenue Service (FIRS), National Health Insurance Scheme (NHIS), National Emergency Management Agency (NEMA), among others.
“It is now clear that the Buhari administration and the APC have not only failed in their boasts to tackle corruption and insecurity but have ended up economically despoiling our nation and worsening our security challenges.
“The fact remains that the Buhari Presidency and the APC cannot controvert these damning facts. The only thing left for them is to apologize to Nigerians and get ready for their place in the dustbin of history as the worst government and political party ever in the history of our nation,” the PDP spokesperson said.
Meanwhile, the Federal Government has berated Transparency International (TI) for naming Nigeria as the second most corrupt country in West Africa in the 2019 Corruption Perceptions Index (CPI) released, yesterday.
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), said there was no evidence to back the report by TI, which placed Nigeria at 146 out of the 180 countries on the 2019 Corruption Perception Index (CPI).
In an interview on Channels Television’s LunchTime Politics, yesterday, Malami said TI’s report had no bearing on reality.
He said, “In terms of the fight against corruption, we have been doing more, we have done more and we will continue to do more out of inherent conviction and desire on our part to fight against corruption devoid of any extraneous considerations relating to the rating by Transparency International.
“Our resolve to fight corruption is inherent, and indeed, devoid of any extraneous considerations, we will continue to do more and we will double efforts.”
Speaking from the perspective of performance, Malami said there was nothing that has not been done as a nation in the fight against corruption.
Nigeria has slipped on Transparency International’s Corruption Perception Index 2019, scoring 26 per cent.
Nigeria scored 27 out of 100 in TI’s 2018 report but dropped by a point in 2019, making Africa’s most populous country take the 146th position.
Malami complained that the Muhammadu Buhari-led Federal Government has done more in the fight against corruption.
He also said there are no proofs by Transparency International to rank Nigeria 146 out of 180 countries on the 2019 CPI.
Malami, however, urged Transparency International to provide indices and statistics, from which it got its facts and figures.
The justice minister said the facts on the ground did not correlate with the information dished out by Transparency International, adding that that there was nothing that has not been done as a nation in the fight against corruption.
“In terms of legislation, we have done more, in terms of enforcement we have done more, in terms of recovery of looted assets we have done more, and in terms of political goodwill, we have demonstrated extra-ordinary political goodwill,” Malami stated.
Malami challenged Transparency International to provide indices and statistics from which the organisation adjudged that Nigeria is not doing enough in its fight against corruption, adding that for a conclusion to be legitimate, then there has to be specific facts and figures to establish a position.
However, the TI’s latest report states that Africa’s most populous country, like most other countries in Sub-Saharan nations, has continued to witness a high rate of corruption which has now worsened due to vote-buying.
After more than four years of anti-corruption campaign by the Buhari administration, Nigeria was ranked 146th out of the 180 countries surveyed by the group, one of the worst ranking in the last few years.
Nigeria was 144th in 2018.
Nigeria’s score of 26 out of 100 points in 2019 is below the global average of 43.
In Africa, countries such as Botswana (61), Cape Verde (60), Rwanda (53), Namibia (52), Senegal (45), South Africa (44) and Tunisia (43) met the average.
Also, Benin (41) Ghana (41), Morocco (41), Burkina Faso (40), Lesotho (40), Ethiopia (37), Tanzania (37), Algeria and Egypt (35), Zambia (34), Sierra Leone (33), Niger (32), Malawi (31), Djibouti (30) and Guinea (29) are ranked higher than Nigeria.
Nigeria is ranked higher than Cameroon (25), CAR (25), Comoros (25), Zimbabwe (24), Madagascar (24), Eritrea (23), Chad (20), Equatorial Guinea (16), Guinea Bissau (18) and Somalia, the worst country in the world, with a score of 8 and ranking at 180th.
The CPI ranks 180 countries and territories by their perceived levels of public sector corruption, drawing on 13 expert assessments and surveys of business executives.
It uses a scale of zero (highly corrupt) to 100 (very clean).
Nigeria scored 28 out of 100 in 2016 and 2017 but fell in 2018 to 27 and fell further to 26 in 2019.
In the latest report, Nigeria scored the same as Iran, Honduras, Guatemala, Bangladesh, Mozambique and Angola.
Out of 180 countries surveyed, Nigeria scored better than only 28.
They include – Comoros, Cameroon, Central African Republic, Uzbekistan, Tajikistan, Madagascar, Zimbabwe, Eritrea, Nicaragua, Cambodia, Chad, Iraq, Burundi, Congo, Turkmenistan, Haiti, Democratic Republic of Congo, Libya, Guinea-Bissau, North Korea, Venezuela, Equatorial Guinea, Sudan, Afghanistan, Yemen, Syria, South Sudan and Somalia.
The TI survey measures public sector corruption in 180 countries.
The countries with the highest score were Denmark and New Zealand which both scored 87 out of 100.
Others that were highly placed include, Finland (86), Switzerland (85), Singapore (85), Sweden (85), Norway (84), Netherlands (82), Luxembourg (80) and Germany (80).
The United States and France ranked 23, United Kingdom and Canada 12, Japan 20, and Italy 51, respectively.
At 12, Canada and UK scored 83 and 81 in 2015, 82 and 81 in 2016, 82 and 82 in 2017, 81 and 80 in 2018 and 77 apiece in 2019, respectively.
Japan ranked 20, scored 75 in 2015, 72 in 2016, 73 in 2017, 73 in 2018 and 73 in 2019.
Tying at a rank of 23 in 2019, US and France scored 76 and 70 in 2015, 74 and 69 in 2016, 75 and 70 in 2017, 71 and 72 in 2018, and 69 and 69 in 2019, respectively.
President Bola Tinubu yesterday signed into law four tax reform bills aimed at transforming Nigeria’s fiscal and revenue framework.
The four bills include: the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
They were passed by the National Assembly after months of consultations with various interest groups and stakeholders.
The ceremony took place at the Presidential Villa, yesterday.
The ceremony was witnessed by the leadership of the National Assembly and some legislators, governors, ministers, and aides of the President.
The presidency had earlier stated that the laws would transform tax administration in the country, increase revenue generation, improve the business environment, and give a boost to domestic and foreign investments.
“When the new tax laws become operational, they are expected to significantly transform tax administration in the country, leading to increased revenue generation, improved business environment, and a boost in domestic and foreign investments,” Special Adviser to the President on Media, Bayo Onanuga said on Wednesday.
Before the signing of the four bills, President Tinubu had earlier yesterday, said the tax reform bills will reset Nigeria’s economic trajectory and simplify its complex fiscal landscape.
Announcing the development via his official X handle, yesterday, the President declared, “In a few hours, I will sign four landmark tax reform bills into law, ushering in a bold new era of economic governance in our country.”
Tinubu made a call to investors and citizens alike, saying, “Let the world know that Nigeria is open for business, and this time, everyone has a fair shot.”
He described the bills as not just technical adjustments but a direct intervention to ease burdens on struggling Nigerians.
“These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet,” Tinubu wrote.
According to the President, “They will unify our fragmented tax system, eliminate wasteful duplications, cut red tape, restore investor confidence, and entrench transparency and coordination at every level.”
He added that the long-standing burden of Nigeria’s tax structure had unfairly weighed down the vulnerable while enabling inefficiency.
The tax reforms, first introduced in October 2024, were part of Tinubu’s post-subsidy-removal recovery plan, aimed at expanding revenue without stifling productivity.
However, the bills faced turbulence at the National Assembly and amongst some state governors who rejected its passing in 2024.
At the NASS, the bills sparked heated debate, particularly around the revenue-sharing structure, which governors from the North opposed.
They warned that a shift toward derivation-based allocations, especially with VAT, could tilt fiscal balance in favour of southern states with stronger consumption bases.
After prolonged dialogue, the VAT rate remained at 7.5 per cent, and a new exemption was introduced to shield minimum wage earners from personal income tax.
By May 2025, the National Assembly passed the harmonised versions with broad support, driven in part by pressure from economic stakeholders and international observers who welcomed the clarity and efficiency the reforms promised.
In his tweet, Tinubu stressed that this is just the beginning of Nigeria’s tax evolution.
“We are laying the foundation for a tax regime that is fair, transparent, and fit for a modern, ambitious Nigeria.
“A tax regime that rewards enterprise, protects the vulnerable, and mobilises revenue without punishing productivity,” he stated.
He further acknowledged the contributions of the Presidential Fiscal Policy and Tax Reform Committee, the National Assembly, and Nigeria’s subnational governments.
The President added, “We are not just signing tax bills but rewriting the social contract.
“We are not there yet, but we are firmly on the road.”
The Senate has issued a 10-day ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) over its failure to appear before the Senate Committee on Public Accounts probing alleged financial discrepancies amounting to over ?210 trillion in its audited reports from 2017 to 2023.
Despite being summoned, no officials or external auditors from NNPCL showed up yesterday.
However, representatives from the representatives of the Economic and Financial Crimes Commission, Independent Corrupt Practices and Other Related Offences Commission and Department of State Services were present.
Angered by the NNPCL’s absence, the committee, yesterday, issued a 10-day ultimatum, demanding the company’s top executives to appear before the panel by July 10 or face constitutional sanctions.
A letter from NNPCL’s Chief Financial Officer, Dapo Segun, dated June 25, was read at the session.
It cited an ongoing management retreat and requested a two-month extension to prepare necessary documents and responses.
The letter partly read, “Having carefully reviewed your request, we hereby request your kind consideration to reschedule the engagement for a period of two months from now to enable us to collate the requested information and documentation.
“Furthermore, members of the Board and the senior management team of NNPC Limited are currently out of the office for a retreat, which makes it difficult to attend the rescheduled session on Thursday, 26th June, 2025.
“While appreciating the opportunity provided and the importance of this engagement, we reassure you of our commitment to the success of this exercise. Please accept the assurances of our highest regards.”
But lawmakers rejected the request.
The Committee Chairman, Senator Aliyu Wadada, said NNPCL was not expected to submit documents, but rather provide verbal responses to 11 key questions previously sent.
“For an institution like NNPCL to ask for two months to respond to questions from its own audited records is unacceptable,” Wadada stated.
“If they fail to show up by July 10, we will invoke our constitutional powers. The Nigerian people deserve answers,” he warned.
Other lawmakers echoed similar frustrations.
Senator Abdul Ningi (Bauchi Central) insisted that NNPCL’s Group CEO, Bayo Ojulari, must personally lead the delegation at the next hearing.
The Tide reports that Ojulari took over from Mele Kyari on April 2, 2025.
Senator Onyekachi Nwebonyi (Ebonyi North) said the two-month request suggested the company had no answers, but the committee would still grant a fair hearing by reconvening on July 10.
Senator Victor Umeh (Anambra Central) warned the NNPCL against undermining the Senate, saying, “If they fail to appear again, Nigerians will know the Senate is not a toothless bulldog.”
Last week, the Senate panel grilled Segun and other top executives over what they described as “mind-boggling” irregularities in NNPCL’s financial statements.
The Senate flagged ?103 trillion in accrued expenses, including ?600 billion in retention fees, legal, and auditing costs—without supporting documentation.
Also questioned was another ?103 trillion listed under receivables. Just before the hearing, NNPCL submitted a revised report contradicting the previously published figures, raising more concerns.
The committee has demanded detailed answers to 11 specific queries and warned that failure to comply could trigger legislative consequences.
The National Association of Nigerian Travel Agencies (NANTA) said over 17 million Nigerians travelled out between 2023 and 2024.
This is as the association announced that it would be organising a maiden edition of Eastern Travel Market 2025 in Uyo, Akwa Ibom State capital from 27th to 30th August, 2025.
Vice Chairman of NANTA, Eastern Zone, Hope Ehiogie, disclosed this during a news briefing in Port Harcourt.
Ehiogie explained that the event aims to bring together over 1,000 travel professionals to discuss the future of the industry in the nation and give visibility to airlines, hospitality firms, hospitals and institutions in the South-South and South-East, tagged Eastern Zone.
He stated that the 17 million number marks a significant increase in overseas travel and tours.
According to him, “Nigerian travel industry has seen significant growth, with 17 million people traveling out of the country in 2023”.
Ehiogie further said the potential of tourism and travel would bring in over $12 million into the nation’s economy by 2026, saying it would be a major spike in the sector, as 2024 recorded about $4 million.
“The potential of tourism and travel is that it can generate about $12 million for the nation’s economy by 2026. Last year it was $4 million.
“In the area of travels, over 17 million Nigerians traveled out of the country two years ago for different purposes. This included, health, religious purposes, visit, education and others,” Ehiogie said.
While highlighting the potential of Nigeria’s tourism, he said the hospitality industry in Nigeria has come of age, saying it is now second to none.
The Vice Chairman of NANTA, Eastern Zone further said, “We are not creating an enabling environment for business to thrive. We need to support the industry and provide the necessary infrastructure for growth.”
He said the country has a lot of tourism potential, especially as the government is now showing interest in and supporting the sector.
Ehiogie emphasized that NANTA has been working to support the industry with initiatives such as training schools and platforms for airlines and hotels to sell their products.
He added, “We now have about four to five training schools in the region, and within two years, the first set of students will graduate. We are helping airlines sell tickets and hotels sell their rooms.”
Also speaking, former Chairman of the Board of Trustees of NANTA, Stephen Isokariari of Dial Travels, called for more support from the industry.
Isokariari stated, “We need to work together to grow the industry and contribute to the nation’s Gross Domestic Product.
“With the right support and infrastructure, the Nigerian travel industry has the potential to make a significant contribution to the nation’s economy.”