Sunday, October 19, 2025
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Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

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FG Boosts MSME Financing with NCGC Initiative

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ICT

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Capital Market

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

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Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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Sovereign Trust Insurance Celebrates 2025 Customer Service Week

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Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

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Capital Market

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

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Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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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.

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