Whistleblower policy targeted at exposing corruption has lost momentum - Minister of Finance

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the country's Whistleblower Policy, targeted at exposing corruption, has

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the country’s Whistleblower Policy, targeted at exposing corruption, has lost its momentum.

The policy inaugurated six years ago stipulated that whistleblowers would earn from 2.5% to 5% from the funds recovered by the government. The minister disclosed this during his remarks after the Federal Wednesday Executive Council meeting, stating that a draft bill would be introduced to revitalize the policy.

She explained that the purpose of operationalizing the Policy through a draft bill is to strengthen the fight against corruption and the protection of whistleblowers. She says, “We noticed that the whistleblower policy response had lost momentum. We embarked on engagements in the six geo-political zones, and one of the main outcomes we found is that people are concerned about their safety due to providing information. So, this bill is critical to ensure the effectiveness of the retention of the whistle policy.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The whistleblowers turn to be more corrupt than the corruption itself.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ENGIE/Crossboundary’s $60m Mini-grid Finance Deal Wins AwardENGIE Energy Access Nigeria’s $60 million project finance agreement with CrossBoundary Energy Access (CBEA) has won the Transaction of the Year (Renewable
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Innovating Finance for Climate Change as Policymakers Gather for the U.S.- Africa Leaders Summit 2022 | The Guardian Nigeria News - Nigeria and World NewsSponsored by Bank of America and Africa Finance Corporation in collaboration with Africa.com WASHINGTON, USA, 13 December, 2022 -/African Media Agency(AMA)/- Africa.com, Bank of America and Africa Finance Corporation (AFC) are convening a high-level curated event to discuss innovating finance for climate change in Washington D.C. on December 15, during the U.S.- Africa Leaders Summit. The […] _AfricanUnion Wow, how do we live this down? The US is a country of 300M+ while Africa is a continent of 1.2B+. A country holding a summit for a continent! This does not add up!! Y'all misleaders should be ashamed of yourselves. We are ashamed for & of you.
Source: GuardianNigeria - 🏆 1. / 94 Read more »