Monday, December 1, 2025
31.7 C
Lagos

Civil Society Groups Support Anti-Corruption Crusade

A group of Nigerian civil society organisations (CSOs) have called on the Federal Government to ensure transparency in the recovery and management of corruptly acquired assets to stem the vicious cycle of re-looting of previously recovered assets.

In a statement in Abuja at the end of their fifth session, the organisations, meeting under the auspices of the CSO Advisory Committee for the EU funded Project “Support to Anti-Corruption in Nigeria”, which is being partly implemented by the United Nations Development Programme (UNDP), noted that lessons from the looting of previously recovered assets underscored the need for such transparency.

They observed that the lack of transparency so far in the recovery and management of assets had also undermined public and international confidence in the Nigerian Government, resulting in the unhealthy practice of other countries imposing conditions for the repatriation to Nigeria of corruptly acquired assets held in those countries.

Calling for the inclusion of CSOs in any transparency framework, with clearly defined roles, the organisations suggested that any arrangement should enable citizens and members of the public to know how much has been recovered at any point in time, where the assets are domiciled, what authority or agency has control of such assets as well as under what circumstances and for what purposes the assets would be utilised.

The organisations reaffirmed support for the Federal Government’s anti-corruption efforts and commended the political will as well as the tenacity of the Government in fighting the menace of corruption. They expressed their readiness to support the Government’s efforts through advocacy, citizens’ mobilisation and partnership with anti-corruption agencies.

The participating CSOs welcomed the updates provided at the meeting by the Project Team on past and ongoing project activities, including information on the status of the planned grants to support activities by CSOs.

They also exchanged information on on-going anti-corruption initiatives and activities within their respective organisations, and explored opportunities for synergy, collaboration and enhanced partnership among them.

spot_img
spot_img
spot_img

Hot this week

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Dangote Contracts Honeywell for Major Refinery Capacity Upgrade to 1.4m BPD

Dangote Group is pleased to announce that it has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

NNPC Declares ₦5.4tn Profit After Tax

NNPC Limited has announced its financial performance for the...

Stanbic IBTC Unveils Digital Lending Suite to Enhance Access to Credit

Stanbic IBTC Bank, a member of Standard Bank Group,...

Topics

AIG to Sack 125 Staff in UK

American International Group Inc., the insurer under pressure from...

Société Générale Bank in Partnership with Rugby Africa

Société Générale and Rugby Africa have agreed to join...

BUHARINOMICS: Charting Path to Sustainable Economic Renaissance

The presidential election was over on Saturday, March 28, 2015. It is now a historical document for academic research and street political analysis. On March 28, CHANGE triumphed over TRANSFORMATION AGENDA, leading to the emergence of General Muhammadu Buhari as President, Federal Republic of Nigeria. On May 29, Buhari assumed the leadership of the nation, bringing to an end, the regime of Goodluck Jonathan. For Buhari, it is a long road to Aso Rock. Three times he contested and lost. And three times he dusted the stinking ashes of defeat to rise again to seek for the same office. And on the fourth effort, he won. Either fortune smiled on him or the Gods took pity on him and handed him the office to break the cycle of defeat and save him from the poisoned pen of harsh historians and political propagandists.

7 Land Tenure Systems in Nigeria: Categories and Characteristics

The land tenure system in Nigeria differs from the...

NSE Opens 2016 Essay Competition to Promote Financial Literacy

The Nigerian Stock Exchange (The NSE or The Exchange)...

‘SMEs Must Reinvent to Remain Competitive’ – Heritage Bank CEO, Sekibo

  Mr. Ifie Sekibo Managing Director/CEO Heritage Bank Limited Mr. Ifie Sekibo, Managing...

40 African Bankers Discuss Partnership, Growth at Confab

The Mauritius Commercial Bank Group (MCB) hosts 40 top...
spot_img

Related Articles

Popular Categories

spot_imgspot_img