Business
Resolving The Corruption Albatross
Today, October 1, 2017 marks the 57th birthday of the nation, Nigeria. Born October 1, 1960, Nigeria has been saddled with avalanche of problems in her quest to achieve laudable political administration, crime and crisis management and infrastructural development initiatives.
Be that as it may, one of the monstrous albatross around Nigeria’s neck since inception, is corruption which historians claim came into being shortly after the proclamation of her independence.
Nigeria, which is the most populated country in Africa, has been ranked high in corruption by Transparency International and other notable organisations that monitor corrupt practices around the world. They do not have anything good to say about Nigeria at all. High corruption rankings affect almost all Nigerians who migrate to foreign countries, as foreigners have the perception that since Nigeria is corrupt, so are all Nigerians.
In 2012, Transparency International deemed Nigeria one of the most corrupt nations in the world. In that year, the country ranked 139th out of the 176 surveyed countries, making Nigeria the 37th most corrupt nation.
In 2013, Nigeria ranked 144 out of 177 surveyed countries in terms of transparency. The score made Nigeria 33rd most corrupt country in the world that year. The result published by the organization also showed that Nigeria scored 25% out of 100 in terms of transparency.
In the 2014 ranking, Nigeria was ranked 136 out 174 surveyed countries (Transparency International 2014). The result showed that there was an improvement, though things were still bad. Nigeria was the 38th most corrupt country in the world in 2014.
With the emergence of a new government in 2015, many Nigerians were having great faith that corruption in the country would be minimised. In that year, power left the hands of Peoples Democratic Party (PDP) to All Progressives Congress (APC). One of the campaign promises made by the present President Muhammadu Buhari and his APC-led Federal Government was the massive eradication of corruption in the country.
Irrespective of the campaign promises, Nigeria ranked low in transparency and high in corruption in that year. In the year 2015, out of the 168 countries surveyed, Nigeria was seen at the bottom of the table in the category of number 136. This implies that Nigeria was the 32nd most corrupt country in the world in 2015.
Also, over two-thirds of the 176 countries and territories surveyed in the 2016 year index fell below the midpoint of Transparency International scale of 0 (highly corrupt) to 100 (very clean). In the last year’s survey, Nigeria sat at number 136 on the table with Guatemala, Kyrgyzstan, Lebanon, Myanmar, and Papua New Guinea. From calculation, it shows that Nigeria and the mentioned countries were ranked 40th most corrupt in 2016.
Therefore, judging the APC-led Federal Government of President Mohammadu Buhari against the yardstick it had set for itself, by comparing its performance to date to its key electoral promises, it is hard to get away from watchers’ observation that the administration is performing below expectations.
The ‘reactivation’ of the EFCC as soon as the APC took over power seems to have got a lot of Nigerians and foreigners alike excited once again that Nigeria may finally be dealing with its decades-long reputational challenge; corruption. It is hard to read a Nigerian media outlet any week these days without spotting some reference to EFCC’s work. High profile arrests have been made, discoveries of allegedly embezzled funds have been announced, and a lot of this seems on-going.
However, as significant as these activities may be, the APC-led government will likely continue to struggle to convince Nigerians and the world that the Buhari administration is serious about tackling corruption until the government is able to secure conviction and imprisonment of corrupt public officials and equally direct its efforts at corruption endemic institutions.
Thanks to the first ever large-scale household survey on corruption released recently by the country’s National Bureau of Statistics (NBS). According to the report, nearly a third of Nigerian adults who had contact with local public officials in the period under review reported cases where bribes were solicited or paid to public officials. On the average, Nigerians pay six bribes per year, or one every two months. NBS estimates the total amount of bribes paid to public officials at $4.6 billion in purchasing power parity terms—the equivalent of 39% of the country’s federal and state budgets for education last year.
The report canvassed 33,000 households across the country about whether they had been asked to pay a bribe, and complied, between June 2015 and May 2016, found that bribes were mostly paid to facilitate bureaucratic tasks such as obtaining a driving license or a land ownership certificate.
They were also commonly paid to avoid payment of fines (for breaking traffic laws, for example) and to avoid cancellation of a public utility, like electricity and water supply. The report found that almost 70% of bribes collected by public officials were paid before a service was rendered.
While corruption is prevalent across most government agencies and departments, NBS report Nigeria’s police officers were the most likely of all civil servants to solicit and collect bribes. “Of all adult Nigerians who had direct contact with a police officer in the 12 months prior to the survey, almost half (46.4%) paid that officer at least one bribe,” NBS’ report said. Prosecutors and judges were found to be the next most likely to request and collect bribes.
For decades, corruption has been viewed as a menace in Nigeria. NBS’ data-led research, the first official government survey of pubic officials’ corrupt practices, crucially reveals the extent of the rot. For the most part, the government’s anti-corruption efforts have been focused on large-scale scams involving prominent government officials and contracts. But with bribery seemingly institutionalised in public processes, it’s a problem that runs deep. Identifying how deep might be the first step to curbing it.
NBS’ report also suggests that the corruption problem won’t go away soon, as Nigerians rarely report bribery solicitations and payments—only 3.7% of those surveyed reported to the authorities that they paid bribe. The low rate is attributed to a lack of faith in the ability or willingness of the authorities to crack down on bribery. In many cases, these officials are caught in a vicious cycle of corruption. NBS’s report finds that more than 15% of households with a family member in public administration had paid a bribe.
Based on these negating statistics, that public patience on this issue is starting to run thin is obvious, criticisms from various quarters have alluded to the argument that the EFCC, as it is presently constituted, serves as a tool to witch-hunt the opposition which, indeed, appears to be greater preoccupation of the APC-led government.
Nigeria’s National Judicial Council has protested the findings, calling the report “untrue, baseless, unfounded and a figment of the imagination” of the NBS. Nigeria’s Police Force also pushed back, claiming that things aren’t as bad as the report makes out. This narrative has already been dismissed by Nigerians, who are sharing stories of less than pleasant (and legal) encounters with the police.
Joining in the view of most Nigerians in an interview with The Tide, a Port Harcourt based legal practitioner, Barr. Ampi Gogo Blankson argued that the various institution set up to fight corruption are not being strengthened, rather they are being used to score political points and to target perceived political enemies.
He posited that most of the activities of the Economic and Financial Crimes Commission are more or less politically orchestrated. To buttress his point, Barr. Blackson made reference to the former governor of Enugu State, Sullivan Chime and a former Governor of Ebonyi State who decamped from their parties to the APC to seek refuge and escape politically motivated prosecution.
He said this has created palpable fear amongst the citizens who restrain themselves from speaking out their minds on the ill of the present government. “Nothing, has really changed rather people are afraid of those in government”, he said.
The lawyer believed that there are so many people in the civil and public service whose record needs to be checked to acertain if their assets are properly declared, but rather the government focus on politicians perceived to be smart.
He alluded to the fact that no nation could have a completely perfect system but the purpose of setting up the anti-graft institution is far from being achieved under the present dispensation.
“Corruption should be treated as corruption, by looking into it holistically, in the universities, the Police Civil Service, hospitals, traders, civil society, judiciary amongst others.”
It is the view of Barr. Blankson that the Buhari’s administration has not shown transparency in handling recovered money, but suggested that the public should be informed on how and where the recovered funds are appropriated. He however commended the whistle blowing policy of the present administration. “One thing I must commend the government on is the aspect of whistle blowing”, he said.
He further suggested that the institution should be properly funded, best hands recruited and its independence properly defined in the statutory books to get the best out of it.
“The law enabling the appointment of the leadership of the commission should be reviewed to save it from the manipulation of the government in power,” he said.
In a separate interview with The Tide, another legal practitioner based in Port Harcourt, Barr. Chinenye Excel Ogbuji condemned the manner and approach used to fight corruption in Nigeria. “Fighting corruption with an independent institution that will outlive the persons should be encouraged. You fight corruption through an enduring institution and not the person”, he said. He cited the United States which has an enduring institution that was very curious to know how Russia infiltrated into their electoral system not minding that Trump was favoured in the election.
Barr. Ogbuji identified element of bias as regards the current crusade against corruption, stating that the system of fighting corruption is not sincere and transparent even as it affects the management of the said recovered funds which the government has failed to give account of.
He attributed embezzlement of public funds to “poverty of the mind” explaining that those who have acquired wealth still embezzle public funds not because they are not financially buoyant but because they want to store up wealth for their generations to come.
The legal practitioner, however, applauded the whistle blowing policy of the Buhari regime. Said he: “I was among those who advocated for whistle blowing policy”, adding, it is a commendable effort done by the federal government and urged Nigerians to desist from misusing the policy to witch-hunt perceived political enemies.
He posited that corruption should be tackled from its root suggesting that government should help fight corruption properly by providing basic social amenities, which would curtail the thought of embezzling public fund, and as well eradicate corruption in Nigeria. “If the various basic amenities are provided, those who embezzle this money will have no reason to do so”, he said.
A businessman in Port Harcourt, Mr. Tekena Mac-Pepple Gudi also held the view that the fight against corruption of Buhari’s regime is one sided, used to fight opposition party and that its purpose has not been achieved.
Mr. Gudi further pointed out that the ruling party use their power to witch-hunt the opposition while shading those in the ruling party. “Corruption is fought in the line of protecting their own.”
“They should first remove the plank in their eyes before removing the speck in the eyes of others. The anti-graft crusade is like thieves recovering from thieves”, he said.
Mr. Gudi stressed that, he that must come to equity must come with clean hands, saying that the ruling government must first clean themselves and that as it stands now, corruption is being fought with the sense of protecting their own.
“All we hear is print, electronic and social media trials but none is truly prosecuted”. He challenged the government to put in the said recovered funds into different sectors so that it would not look like recovered funds were being looted again.
The Voice, a socio-political group has this to say: “the current anti-corruption campaign is one sided and biased. We expected President Buhari to be fair to all Nigerians in terms of the fight against corruption”.
The group which spoke through its Public Relations Officer, Prince Williams Chinwo however called for an independent judiciary to tackle corruption in the country.
Captain John Williams, a social critic, believed that the fight against corruption in the country is welcomed, but the presidency should ensure that there are no sacred cows.
“Anyone found to have illegally enriched himself must be punished irrespective of party affiliations”, he said.
Williams believed that the fight against corruption in Nigeria would be far better served if the EFCC would focus on incontrovertible facts as opposed to media sensationalism which in most cases are made up of distorted facts.
Amieyeofori Ibim & Janefrancess Chibundu
Business
Bayelsa To Spend N1.24trn As Diri Presents 2027 Appropriation Bill …Works, Education, Sports, Others Gulp Lion’s Share
Bayelsa State Governor, Senator Douye Diri has presented the 2027 Appropriation Bill of the State to State House of Assembly.
Christened the ‘’Budget of Assured Prosperity for Sustainable Growth and Development”, the appropriation bill was based on a projected revenue of N1,242, 688,970,520,22.
The Governor said the 2027 proposals were derived from broad stakeholder engagements involving traditional rulers, technical experts, the organised private sector and citizens across the state, noting that it was a historic budget being the first as the state was beginning its fourth decade and presented at a time sustained investments were visible in all the local government areas.
“Our fiscal priorities remain clear: roads and bridges that connect communities, better health and education services, reliable power and an environment in which businesses and families can thrive”, he said.
Presenting the estimates, governor Diri said N840.791 billion representing approximately 68 per cent was proposed for capital expenditure while recurrent expenditure was put at N401.897 billion representing approximately 32 per cent.
He observed that the proposed budget was approximately 22 per cent larger than that of the 2026 fiscal year, which was N1.016 trillion, just as he listed some strategic projects that would continue to receive priority attention in 2027, saying they were all at advanced stages of completion.
The projects according to the governor, include the Ekeremor–Agge Road Phase I, Nembe–Brass Road Phase I, Akaba–Ayakoro Road with spur to Otuegwe 1, Glory Drive Phase 3, Agbere-Elemebiri Road, the 30,000-seater stadium at Igbogene, and the nine-storey state secretariat complex.
The governor expressed the conviction that with work progressing on the three senatorial roads, all local government headquarters would be connected to the state capital and boost socio-economic activities across the state.
“With work progressing on all senatorial causeways, we are moving closer to an ambition our people have held since the creation of the state: to connect the capital to every local government headquarters and open up access to our coastal communities. This will boost fisheries, marine and blue economy enterprises, and tourism.
“These projects demonstrate that our beautiful terrain should not limit our ambition. With resolve, sound planning and prudent management, Bayelsa is building what many once thought were impossible”, he added.
Giving a breakdown of the sectoral allocations, Works and Infrastructure got the lion’s share of N422.84 billion followed by Education ¦ 126.97 billion and Sports ¦ 68.50 billion.
Also, Health was allotted ¦ 53.32 billion, Security N24 billion, Public Utilities N22.94 billion and Agriculture got N17.74 billion.
Diri charged the Ministry of Budget and Economic Planning to enforce coordination, transparency and accountability and ensure effective implementation of the budget.
According to him, government would continue to improve its model schools, support accreditation of programmes in tertiary institutions, strengthen science and technical education and introduce digital learning tools in schools.
He added that the administration would pursue the upscaling of its 60 megawatts independent power plant to 100 megawatts and prioritise water provision in 2027.
He also remarked that the allocation to the sports sector would enable government accelerate work on the stadium project as the state prepares to host the National Sports Festival.
In his remarks, Deputy Speaker of the House of Assembly, Rt. Hon. Michael Ogbere, commended Governor Diri for the successful implementation of the 2026 budget, and appreciated him for his visionary leadership.
Hon. Ogbere described Diri as a peace maker, bridge builder and a leader who has constructed roads and bridges across 80% of all communities in the state, expressing confidence that the projects outlined were achievable.
The Deputy Speaker assured the governor of the 7th Assembly’s support and speedy passage of the budget while the Majority Leader, Rt. Hon. Monday Bubou, moved a motion for the members to pass a vote of confidence on Governor Diri and the administration, which was unanimously endorsed by the lawmakers.
Ariwera Ibibo-Howells, Yenagoa
Business
NNPC Targets Two Million Bpd Productions In 2027
The Nigerian National Petroleum Company Limited (NNPC) has said that ongoing reforms in Nigeria’s oil and gas sector have lifted national crude oil production by 600,000 barrels per day, from about 1.2 million barrels per day to 1.8 million barrels per day.
According to the company, the improvement has strengthened Nigeria’s position as a destination for international energy investment.
Group Chief Executive Officer ( GCEO) of NNPC Limited, Engr. Bashir Bayo Ojulari, made the remarks last week at an Energy Talk titled “Nigeria’s Reform Agenda: Competing for Energy Capital”, moderated by John Defterios, Chairman, MENA, APCO, at the 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates.
Ojulari linked the production growth to the implementation of the Petroleum Industry Act (PIA) 2021, an improved investment climate, better investment decisions, and stronger collaboration between NNPC Limited and its partners.
He said the current output level is a milestone in NNPC Limited’s journey towards its 2 million barrels per day target by 2027.
The Company, he explained, is focused on maintaining infrastructure, protecting base production, increasing output from existing assets, and advancing new projects designed to lift production further.
“The figure of 1.8 million barrels per day is a stage in a journey towards our objective.
We are concentrating on the basics, which are maintaining our infrastructure, protecting base operations and executing the projects that will take production higher,” Ojulari stated.
On the domestic market, the GCEO said the removal of petrol subsidy has been accompanied by an expanded Compressed Natural Gas (CNG) programme.
He noted that over 400 CNG conversion centres have been established, while more than 1,000 trucks are transporting petroleum products
Nkpemenyie Mcdominic, Lagos
Business
SEREC Demands Independent Forensic Audit Of NIMASA CVFF Funds
The Sea Empowerment and Research Centre (SEREC) has call for an independent forensic audit of the Nigerian Maritime Administration and Safety Agency (NIMASA), following conflicting claims over the management and currency status of the Cabotage Vessel Financing Fund (CVFF).
The centre said the controversy surrounding the fund had reinforced its earlier concerns about transparency, accountability and the possible erosion of contributions through currency conversion and administrative decisions.
In a reaction titled, “Cocks Crow at Dawn — On the CVFF Audit Crisis,” forwarded by SEREC’s representative, Eugene Nweke, the organisation said the latest revelations had vindicated its earlier calls for a comprehensive examination of NIMASA’s accounts from 2004 to date.
SEREC said former NIMASA Director-General, Temisan Omatseye, had disclosed that dollar-denominated contributions were converted into naira and invested in fixed deposits during his tenure, while the incumbent Director-General, Dr Dayo Mobereola, maintained that the fund remained in dollars with the Central Bank of Nigeria.
The organisation said the conflicting accounts raised questions about the actual value, location and management of the fund, which was to provide financing support established for indigenous shipowners under the Coastal and Inland Shipping (Cabotage) Act.
It argued that shipowners, as contributors to the fund, deserved documentary evidence showing how much had accrued, where the money was domiciled, the interest generated and the amount currently available for disbursement.
SEREC also warned that converting dollar contributions into naira exposed the fund to significant foreign exchange losses, given the depreciation of the local currency over the years.
According to the organisation, if the contributions were converted into naira and retained in that currency, the fund could have suffered a substantial erosion in its real value, undermining its original objective of strengthening indigenous shipping capacity.
It maintained that the CVFF was contributors’ money and should not be treated as government largesse, stressing that shipowners had a legitimate right to demand accountability.
The centre further criticised maritime industry stakeholders, particularly shipowners’ associations, for allegedly prioritising access to the fund over sustained demands for transparency in its management.
SEREC insisted that no disbursement should take place without a comprehensive forensic audit to establish the fund’s financial history and current position.
It said the audit should cover all contributions, currency conversions, investments, accrued interest and administrative transactions relating to the fund from 2004 to date.
The organisation said the findings would provide the necessary clarity on the financial position of the CVFF and help restore confidence among indigenous shipowners seeking access to the facility.
Nkpemenyie Mcdominic, Lagos
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