Tag "corruption"

    Orji Kalu to remain in prison as appeal court upholds his conviction

Orji Kalu to remain in prison as appeal court upholds his conviction

Orji Uzor Kalu, former governor of Abia state and chief whip of the senate, will remain in prison as a court of appeal in Abuja has dismissed an appeal filed against his sentence.  A federal high court in Lagos had in December sentenced Kalu to 12 years in prison over N7.1 billion fraud The court had ordered that Kalu’s company, Slok Nigeria [...]

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    ‘That’s your price for accusing Jonathan of corruption’ — Eedris Abdulkareem reacts to Sanusi’s dethronement

‘That’s your price for accusing Jonathan of corruption’ — Eedris Abdulkareem reacts to Sanusi’s dethronement

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    Lawyer: Death sentence won’t stop corruption — it’s in the blood of Nigerians

Lawyer: Death sentence won’t stop corruption — it’s in the blood of Nigerians

Robert Clarke, a senior advocate of Nigeria, says death sentence will not stop corruption because the act of stealing runs in the blood of Nigerians. In an interview with the Punch, the lawyer said good governance remains the solution to curbing corruption and improve the economy. He said corruption is strengthened by the perception of some Nigerians who view political positions as [...]

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    Malami: Bagudu’s $100m not linked to $308m Abacha Loot

Malami: Bagudu’s $100m not linked to $308m Abacha Loot

Abubakar Malami, attorney-general of the federation (AGF), says the recovered Abacha Loot will be used for infrastructural projects in the country. He said the assets of Abubakar Bagudu, governor of Kebbi state, are not part of the Abacha Loot Nigeria is recovering overseas. Malami said this in a statement on Saturday while reacting to the report that the federal government is planning [...]

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    Falana: Corruption can’t be fought when there are policies promoting poverty

Falana: Corruption can’t be fought when there are policies promoting poverty

Femi Falana, a senior advocate of Nigeria (SAN), says corruption cannot be successful tackled when there are policies and programmes which promote poverty. He also said African leaders have failed to address the cause of corruption. Falana said this on Wednesday in a keynote address at the 8th anti-corruption situation room on the review of the fight against corruption organised by the [...]

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    EXTRA: I strongly believe coronavirus is caused by corruption, says Magu

EXTRA: I strongly believe coronavirus is caused by corruption, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says he is strongly convinced that corruption is the cause of coronavirus. Magu said this at the passing out parade of 281 cadets of the EFCC Detective Inspector Course-5, at the Nigerian Defence Academy, Kaduna, on Tuesday. Coronavirus, officially named COVID-19, broke out in Wuhan in Hubei province of China in December. The [...]

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    Magu: Diezani stole not less than $2.5bn… she must be extradited

Magu: Diezani stole not less than $2.5bn… she must be extradited

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), has again asked the United Kingdom to extradite Diezani Alison-Madueke, former minister of petroleum resources. The anti-graft agency has filed charges of alleged money laundering against the former minister who left the country for the UK shortly before the inception of the President Muhammadu Buhari's administration. The EFCC started a [...]

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    Nigerian public hospital where nurses treat patients with respect and system is digitised

Nigerian public hospital where nurses treat patients with respect and system is digitised

A Nigerian public hospital treating patients with dignity and respect? That must be a contradiction in terms. But it is a true life story. In January, an undercover investigation by TheCable  had exposed the rot at the Federal Neuropsychiatric Hospital, Yaba, Lagos. The undercover reporter spent 10 days on admission in the hospital tracking corruption — after going in pretending to be [...]

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    FLASHBACK: In 2012, Lai attacked Jonathan with TI’s corruption index

FLASHBACK: In 2012, Lai attacked Jonathan with TI’s corruption index

Two days ago, Lai Mohammed, minister of information, dismissed Transparency International’s (TI) latest corruption perception index which ranked Nigeria low on corruption but what was his response to the poor rating of the country eight years ago? In the latest TI rating Nigeria ranked 146 of 180 countries, with a total of 26 points out of a possible 100 points. Responding to the [...]

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    SERAP asks n’assembly to publish all reports on anti-corruption probe since 1999

SERAP asks n’assembly to publish all reports on anti-corruption probe since 1999

The Socio-Economic Rights and Accountability Project (SERAP), a civil society organisation, has called on the national assembly to publish all reports on corruption conducted since the return of democracy in 1999. The organisation made the call during the launch of its report titled "Nigeria: Anti-Corruption Social Norms Report", in Lagos, on Tuesday. The event is coming after Nigeria dropped two points in the [...]

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    Lai: FG not fighting corruption to impress TI

Lai: FG not fighting corruption to impress TI

Lai Mohammed, minister of information and culture, says the federal government does not seek to impress any organisation with its anti-corruption fight.  Mohammed was reacting to the Transparency International (TI) corruption index which ranked Nigeria 146 of 180 countries, with a total of 26 points out of a possible 100 points. Speaking with some international media organisations in London on Wednesday, Mohammed [...]

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    Garba Shehu: TI corruption index could be based on statements from the opposition

Garba Shehu: TI corruption index could be based on statements from the opposition

Garba Shehu, presidential spokesman, says the corruption perception index by Transparency International (TI) which ranked Nigeria low could be based on statements from the opposition party. In its 2019 corruption perception index published on Thursday, TI ranked Nigeria 146 of 180 countries studied, two points lower than 148 the country was rated in 2018. The organisation identified some causes of the decline [...]

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    Ohanaeze youth ask Buhari to go after more ‘untouchables’

Ohanaeze youth ask Buhari to go after more ‘untouchables’

The Ohanaeze Ndigbo Youth Council has described Nigeria's ranking by Transparency International as a blessing in disguise. TI ranked Nigeria as 146 out of 180 countries in its corruption perception index, scoring the country 26 out of 100 points. Reacting to the ranking, the group asked President Muhammadu Buhari to prosecute public office holders who are perceived as "untouchables". This move, it said, [...]

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    Nigeria’s real corruption perception index, 2019

Nigeria’s real corruption perception index, 2019

Transparency International has rated Nigeria’s anticorruption crusade as very poor. Nigeria has dropped two points in the global Corruption Perception Index, becoming the second most corrupt country in West Africa. This is despite having the most elaborate anticorruption infrastructure in the continent. And being the only country in the world right now with a president or prime minister who won [...]

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    FG faults TI over poor ranking on corruption index

FG faults TI over poor ranking on corruption index

The federal government has described as baseless, Nigeria's poor ranking in Transparency International's (TI) latest corruption perception index . In the 2019 index published on Thursday, TI ranked Nigeria 146 out of the 180 countries considered, with 26 out of 100 points. The score is lower than Nigeria's rating in 2018 when the country scored 148, four places up from the 144 it was ranked in [...]

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    Minister asks Amobi, NBET MD, to step down

Minister asks Amobi, NBET MD, to step down

Sale Mamman, minister of power, has asked Marilyn Amobi, managing director of the Nigerian Bulk Electricity Trading Company Limited (NBET), to step down with immediate effect. This comes a few hours after the minister ordered the indefinite suspension of Damilola Ogunbiyi, managing director of Rural Electrification Agency (REA). In a statement on Tuesday, Aaron Artimas, special adviser to the minister, said [...]

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Exchange Rates

March 25, 2019USDGBPEUR
INTERBANK306397354
LAGOS380478402
KANO375477498
PH380478498
ABUJA375476400
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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