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Showing posts with the label Corruption

NEWS

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Report Accuses National Assembly and Agencies of Corruption and Lack of Transparency A Trade Estimate Report of the United States has accused the National Assembly and Agencies of abusing procurement processes and lack of regard for transparency. In the said report, U.S. companies have expressed "concerns about corruption and a lack of transparency in procurement processes in Nigeria." The report further stated: "The Public Procurement Act of 2007 established the Bureau of Public Procurement (BPP) as the regulatory authority responsible for the monitoring and oversight of public procurement in Nigeria." "Only majority Nigerian-owned companies may bid on procurements above ₦2.5 million (approximately $1,600), up to ₦100 million (approximately $64,000) for goods, and up to ₦1 billion (approximately $640,000) for services and works." The report noted that Agencies in Nigeria do not consistently adhere to the standards set by the Bureau of Public P...

NEWS

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PRESIDENT TINUBU RANKS THIRD WORLD MOST CORRUPT LEADER ACCORDING TO OCCRP The Nigerian President, Bola Tinubu ranks third most corrupt leader in the world, according to the Organised Crime and Corruption Reporting Project (OCCRP). The ranking followed the OCCRP call for global nominations to highlight individuals advancing criminal activities and worsening poverty. The OCCRP, which coordinates a network of investigative journalists and activists, revealed that Kenyan President, William Ruto, received the highest number of votes.  Tinubu came third, after former Indonesian president, Joko Widodo.  The main "Person of the Year" title was awarded to Bashar al-Assad, the recently ousted Syrian leader who fled to Russia. “The judges acknowledge the importance of public interest and outrage at corruption,” organisers at OCCRP stated.  Tinubu, 72, was allegedly noted for entrenching a regime of corruption in Nigeria - People's Gazette reported.  As Governor of L...