✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

Corruption fueling political instability in W/Africa – ICPC

Chairman, Independent Corrupt Practices and Other Related Offences Commission, Bolaji Owasanoye, says corruption is fueling political instability in West African nations. He spoke in Abuja…

Chairman, Independent Corrupt Practices and Other Related Offences Commission, Bolaji Owasanoye, says corruption is fueling political instability in West African nations.

He spoke in Abuja yesterday during the 5th Annual General Assembly of the Network of Anti-Corruption Institutions in West Africa (NACIWA) co-hosted by both the ICPC and Economic and Financial Crimes Commission.

University lecturers’ working conditions challenging-TETFund boss

NIGERIA DAILY: Why Nigerians Are Judged According To Tribe

“I did indicate that West African States are fragile, and that fragility is made worse by several other factors like political instability, the insecurity across the sub-region, poor governance structures, weak rule of law and then, of course, corruption.

“Corruption is a push factor for all these elements within the sub-region, which makes it much more imperative for us to work together, especially given the high mobility of illicit financial flows, light arms, drug trafficking, human trafficking and all of the factors that lead to weak states,” Owasanoye said.

EFCC Chairman, Abdulrasheed Bawa, said the commission, last year, secured an unprecedented conviction record of 2,220 and recoveries in excess of N152bn, $386m, among others.

He said the EFCC  had also embarked on several reforms aimed at strengthening the institution, including the development of a reporting application named ‘Eagle Eye’ to ease reporting of incidences of economic and financial crimes by the public.

“The EFCC has further developed a five-year Strategic Plan that guides its operational approach in law enforcement action,” he added.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

UPDATE: Nigerians in Nigeria and those in diaspora can now be paid in US Dollars. Premium domains can earn you as much as $17,000 (₦27 million).


Click here to start earning.