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Nigeria’s Public Officers And Code Of Conduct

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President Buhari

President Buhari

The emphasis given to
rules and regulations of a country draws attention to the issues of ethics, integrity and leadership. Against this general understanding of ethics as standards or principles of human conduct concerning moral or what is good or bad or what is right or wrong, it is obvious that government business cannot be conducted properly without a code of official behaviour.
These values are critical because policy decisions often have at the bottom line delicately balanced official issues such as whether to consider the general good, the public interest, or the narrower demands of self or clique. This is the underlying  reason morality must be established in our public life and why our actions and behaviour as public functionaries must conform to the highest standards of public morality and accountability. This explains why every public officer in government business, elected or appointed, is subjected to the code of conduct bureau.
The need for code of conduct for public officers in a democracy such as Nigeria cannot be questioned. This is viewed against the backdrop of large-scale fraud and corruption which has become prevalent in the civil and public service. The inimical effects of the twin evil on the economic and social development of the country cannot be glossed over. Nigerians have suffered physical deprivation and poverty directly as a result of corruption. As for our external corporate image, it is scarred beyond recognition, with Nigeria being rated as a highly corrupt country.
In a bid to fulfil a critical plank of their campaign pledge, President Muhammadu Buhari and his deputy, Yemi Osinbajo recently made declarations of their assets. Though they had said it would be made public after verification.
Though this is in line with the 1999 constitution, their initial pronouncement to do it publicly has elicited controversy. Recently, the Rivers State Chairman of the All Progressives Congress (APC), Davies Ikanya, called on Governor Ezenwo Nyesom Wike, to declare his assets and publicly too. It should be known that the basic mandate of the CCB ‘to establish and maintain a high standard of public morality in the conduct of government business and to ensure that the actions and behaviour of public officers conform to the highest standards of public morality and accountability’ did not stipulate that assets declarations must be done publicly. It stated that a public officer must fill or complete the assets declaration form, attach one recent passport- size photograph at the right hand corner of page, have it sworn-to before a High Court Judge (not Magistrate) and return to the code of conduct bureau on a date not exceeding 30 days of the receipt of the form.
The case of public declaration of assets can only be genuinely made if or when the constitution is amended to spell  it out. It  might be argued that the late President Umaru Yar’Adua made his publicly when he assumed office in 2007, it was his personal discretion to set a new pace for other leaders to follow if they don’t have anything to hide. The immediate past President Goodluck Jonathan kicked-off his administration in 2011 by declining to publicly declare his assets and the heavens did not fall, a though  there was righteous angst or anxiety and worry over that action by Nigerians.
It would be recalled that Kayode Fayemi of Ekiti State between 2010 and 2014 publicly declared his assets of N750 million in November 2010 while his late deputy, Funmi Olayinka filed a N1.2 billion declaration.
The culture of graft, waste and impunity is particularly high among state governors, ministers, commissioners and even local government chairmen and their aides. The attitude of these categories of public officers towards assets disclosure is actually disappointing. The global best practices and norm among Nigerian political elite should be that top public officers declare their assets publicly if the war against corruption promised by the Buhari administration must be won. President Buhari and his deputy, Osinbajo should have led the way. As a matter of fact, the Nigerian public deserve the rght to demand from our ministers and governors as well as others to publicly declare their assets in order to bring sanity into governance because the sincerity and honesty of most Nigerians are in doubt.
For Nigeria to make progress in governance, public office should be made synonymous with high morality. For now, transparency and accountability are only observed in the breach by government officials, which should not continue that way. Political office holders are expected to familiarize themselves with  the rules and regulations regarding their behaviour while in office and abide by them. The Bureau may on its part expect the public to show wholesome commitment in the campaign against corruption by reporting such cases promptly but the public is uncertain about the seriousness of the Bureau in dealing with complaints or petitions. This accounts for the public’s hesitation in reporting cases of abuse of office to the bureau. The public is also fearful of revenge in the cause of reporting corrupt persons and mounting pressure on government and its agencies to sanction anyone found wanting.
The code of conduct should be seen as applicable to all public officers in Nigeria and  as the main spring for changing behavioural pattern of society as a whole for the better. The bureau should be strengthened to face the challenges before it in the crusade for integrity, competence, transparency, fair mindedness, discipline, honesty and accountability in public service.
The main reason for the culture of corruption today is the greed for wealth, no matter how acquired and the seeming connivance of silence by victims of corruption. People have, over the years, been so intimidated that they hardly speak out against corruption. Indiscipline has assured a high dimension and a greater percentage of Nigerians refusing to obey simple rules, regulations and codes of ethical behaviour. The code is an ethical standard, which requires moral strength and instills pride in the virtues of integrity, professionalism, efficiency, justice and fair play. It is an important tool in government business, just as public office is a trust, so the authority we exercise as public officers is delegated by the people and we must give an account of our stewardship.
We must put service above self by adopting an ethical process in official decision-making. If we see the job we do as a profession, career, customer service, political appointment, then we should approach it with the right attitude and righteousness, and an acceptable level of  expertise by working by the rules. Service is the bottomline for every public officer, so they must see themselves as servants of the people and make satisfaction their watchword. To meet the goal of satisfying the people, public office holders, especially governors, ministers, commissioners, local government chairmen, and so on, should observe the dos and don’ts which form a code for our conduct or behaviour. Corruption or improper conduct manifest  in various ways which are supposed to be addressed by the different provisions of the code.
The code of conduct is aimed to reduce incidents of corruption,  fraud and other malpractices, to reduce conflict of interest to enhance public trust and the credibility of government as well as enhance the loyalty of workers and the goodwill of the organization or agency, country, state and local government. The code prohibits public officers from operating foreign accounts, accepting gifts, loans or inducements from an outsider, that is, a supplier, contractor etc, to  influence him or her in the performance of official duties.
Also, a public officer shall not receive or be paid the emolument of any other office or engage or participate in the management or running of any private business or trade except when he or she is not employed on full-time basis. Nothing stops a public officer from engaging in farming or participating in the management or running of any farm. These and other rules bind public officers in the performance of their functions. The rule of law applies to all public officers who are involved in the administration and provision of services in the public interest. It must be mentioned here that the code abhors membership of secret society and lack of transparency by public officers.
The code provides that every public officer shall declare all his properties, assets and liabilities, including those of his spouse or unmarried children under the age of 18 years at the time of assuming office, at the end of every four years and at the end of his term of office. It stipulates that any statement in such declaration that is found to be false by any authority or person authorized in that behalf to verify shall be deemed to be a breach of the code.
Sometimes people ask whether declaration  of assets by public officers can be made to achieve its objectives or whether defaulters are ever given the requisite sanctions? This is because corrupt enrichment and ostentatious living have continually thrived among public officers in government business.
Such lifestyles are easily identified through the type and number of cars, houses owned and lived in the nature of holidays and educational facilities provided for their children, frequent overseas trips, jewelries, landed property, shares, machineries, amongst others. Asking public officers to declare their assets publicly is a good point but what is more important is the verification of the claims to ensure they are true.
The enforcement of the provisions of the Code of conduct Bureau and Tribunal Law is another significant aspect of the issue. The workability of the code revolves around its enforcement and making sure that the diehards in the game of corruption and fraud are adequately punished. Section 18 of the 5th schedule under the code of conduct Tribunal states that, where the  Code of Conduct Tribunal finds a public officer guilty of contravention of any of the provisions of this code, it shall impose upon that officer any of the  punishments specified such as removal from office.
This could be done through the vacation of the officer’s seat in any legislative house, disqualification from holding of any public office for a period not exceeding ten years and seizure and forfeiture to the state of any property acquired in abuse of office. Furthermore, though the law give right of appeal, the relevant section of the constitution states that the prerogative  of mercy shall not apply to any punishment imposed by the code of conduct Tribunal.
The Code of conduct for public officers is a condition precedent for any elected public office holder as contained in the oath of office, and as such a breach of the Code renders such an officer unworthy of continuing in public office. There is the need for effective and routine supervision to ensure that all rules and procedures are followed after the completion of the declaration of assets process with the required commitment of the top management who must not compromise.

 

Shedie Okpara

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FIRS Clarifies New Tax Laws, Debunks Levy Misconceptions

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The Federal Inland Revenue Service has said that Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments, and improve long-term fiscal stability.
The agency also clarified that the much-debated four per cent development levy on imported goods is not a new or additional tax burden, but a streamlined consolidation of several existing levies.
According a statement released Wednesday, one of the most misunderstood elements of the new tax framework is the four per cent development levy with the agency explaining that the levy replaces a range of fragmented charges — such as the Tertiary Education Tax, NITDA Levy, NASENI Levy and Police Trust Fund Levy — that businesses previously paid separately.
This consolidation, it said, reduces compliance costs, eliminates unpredictability and ends the era of multiple agency-driven levies. The law also exempts small businesses and non-resident companies, offering protection to firms most vulnerable to economic shocks.
Another major clarification relates to Free Trade Zones. Earlier commentary had suggested that the government was rolling back the incentives that have attracted export-oriented investors for decades. However, the reforms maintain the tax-exempt status of FTZ enterprises and introduce clearer guidelines to preserve the purpose of the zones.
“Under the new rules, FTZ companies can sell up to 25 per cent of their output into the domestic market without losing tax exemptions. A three-year transition period has also been provided to allow firms to adjust smoothly.
“Government officials say the reforms aim to curb abuses where companies used FTZ licences to evade domestic taxes while competing within the Nigerian market”, it said.
With the new measures, Nigeria aligns with global FTZ models in places like the UAE and Malaysia, where the zones function primarily as export hubs for logistics, manufacturing and technology.
The introduction of a 15 per cent minimum Effective Tax Rate for large multinational and domestic companies has also been met with public concern. But the FIRS notes that this policy aligns with a global tax agreement endorsed by over 140 countries under the OECD/G20 framework.
Without this adoption, Nigeria risked losing revenue to other countries through the “Top-Up Tax” mechanism, where the home country of a multinational collects the difference when a host country charges below 15 per cent. By localising the rule, Nigeria ensures that tax revenue from multinational operations remains within its borders.
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CBN Revises Cash Withdrawal Rules January 2026, Ends Special Authorisation

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The Central Bank of Nigeria (CBN) has revised its cash withdrawal rules, discontinuing the special authorisation previously permitting individuals to withdraw N5 million and corporates N10 million once monthly, with effect from January 2026.

In a circular released Tuesday, December 2, 2025, and signed by the Director, Financial Policy & Regulation Department, FIRS, Dr. Rita I. Sike, the apex bank explained that previous cash policies had been introduced over the years in response to evolving circumstances.

However, with time, the need has arisen to streamline these provisions to reflect present-day realities.

The statement said the new set of cash-related policies is designed to reduce the cost of cash management, strengthen security, and curb money laundering risks associated with the economy’s heavy reliance on physical currency.

“These policies, issued over the years in response to evolving circumstances in cash management, sought to reduce cash usage and encourage accelerated adoption of other payment options, particularly electronic payment channels.

“With the effluxion of time, the need has arisen to streamline the provisions of these policies to reflect present-day realities,”

“Effective January 1, 2026, individuals will be allowed to withdraw up to N500,000 weekly across all channels, while corporate entities will be limited to N5 million”, it said.

According to the statement, withdrawals above these thresholds would attract excess withdrawal fees of three percent for individuals and five percent for corporates, with the charges shared between the CBN and the financial institutions.

Daily withdrawals from Automated Teller Machines (ATMs) would be capped at N100,000 per customer, subject to a maximum of N500,000 weekly stating that these transactions would count toward the cumulative weekly withdrawal limit.
The special authorisation previously permitting individuals to withdraw N5 million and corporates N10 million once monthly has been discontinued.

The CBN also confirmed that all currency denominations may now be loaded in ATMs, while the over-the-counter encashment limit for third-party cheques remains at N100,000. Such withdrawals will also form part of the weekly withdrawal limit.

Deposit Money Banks are required to submit monthly reports on cash withdrawals above the specified limits, as well as on cash deposits, to the relevant supervisory departments.

They must also create separate accounts to warehouse processing charges collected on excess withdrawals.

Exemptions and superseding provisions
Revenue-generating accounts of federal, state, and local governments, along with accounts of microfinance banks and primary mortgage banks with commercial and non-interest banks, are exempted from the new withdrawal limits and excess withdrawal fees.

However, exemptions previously granted to embassies, diplomatic missions, and aid-donor agencies have been withdrawn.

The CBN clarified that the circular is without prejudice to the provisions of certain earlier directives but supersedes others, as detailed in its appendices.

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Shippers Council Vows Commitment To Security At Nigerian Ports

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The Nigerian Shippers Council (NSC)has restated its commitment towards ensuring security at Nigerian seaports.
Executive Secretary/Chief Executive Officer of the Council, Dr Pius Akuta, said this in Port Harcourt, while declaring open a one day workshop organized by the Nigerian Shippers Council in collaboration with the Nigerian police( Marin Division).
Theme for the workshop was ‘Facilitating Port Efficiency; The strategic Role of Maritime police “
Akuta who was represented by the Director, Regulatory Services, Nigerian Shippers Council, Mrs Margeret Ogbonnah, said the workshop was to seek areas of collaboration with security agencies at the Ports with a view to facilitating trade
Akuta said the theme of the workshop reflects the desire of the council and the Nigerian police to build capacity of police officers for better understanding and administration of their statutory roles in the Maritime environment.
He said Nigerian seaports has constantly been reputed as one of the Port with the longest cargo dwell in the world, adding,”This is so, because while it takes only six hours to clear a containerized cargo in Singapore Port, seven days in Lome Port, it takes an average of 21 days or more in Nigerian Ports” stressing that this situation which has affected the global perception index on Ease of Doing Business in Nigerian seaports must be addressed.
Akuta said NSC which is the economic regulator of the Ports has the responsibility of ensuring that efficiency is established in the Ports inorder to attract patronages.
“Pursuant to its regulatory mandate, the NSC has been collaborating with several agencies to ensure the facilitation of trade and ease of movement of cargo outside the Ports to avoid congestion”he said.
Also speaking the commissioner of police, Eastern Port Command, Port Harcourt, CP Tijani Fakai, said Maritime police has played some roles in facilitating Ports efficiency.
He listed some of the roles to include ensuring security and crime prevention at the Ports, checking of illegal fishing activities at the Ports, checking of human trafficking and drug smuggling and prevention of fire incident at the Ports.
Represented by ACP, Rufina Ukadike, the CP said police at the Ports have also helped in the decongestion and prevention of unauthorized Anchorage.
He commended the Nigerian Shippers Council for the workshop and assured of continuous collaboration.
Speaking on the dynamics of cargo handling, Deputy Controller of customs, Muhydeen Ayinla Ayoola, said the launching of electronic tracking system and dissolution of controller General Taskforce has helped to ensure efficiency at the Ports.
Ayoola who represented the custom Area Controller Port Harcourt 1 Area command, however raised concerned over rising national security threat , which according to him has affected efficiency at the Ports.
John Bibor
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