Thursday, December 4, 2025
25.8 C
Lagos

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

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

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

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

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

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

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

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

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

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

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

The Buhari/Osinbajo Assets Declaration: A Way Forward for Nigeria

The recent public declaration of assets by President Muhammadu Buhari and Vice-President Yemi Osinbajo has opened a new vista of public life by public officials in Nigeria.

The reason is simple: public declaration of assets by public officials has never been an easy task in Nigeria due to personal pecuniary interest in the line of duty. Over the years, stories have been told (real and imagined) of how people of lesser resources go into public office, either elected or appointed, and suddenly become immensely wealthy without verifiable source(s) of income other than being in public office or government.

Gradually, as the stories became more and more intense, the resultant public outcry for public officials to declare their assets on assumption of public office led the way for the policy on assets declaration. The core objective was and is to ascertain what assets a public official is bringing to the office and the level of assets against his name when he bows out of office.

Like everything Nigerian, this simple law to safeguard the public treasury from the fraudulent activities of our fellow citizens has refused to work effectively to achieve the desired objective. The measure has been frustrated endlessly by those who ought to obey it in order to protect their illegal acquisitions while in public office and outside of it.

It is against this background that we commend President Muhammadu Buhari and Vice-President Yemi Osinbajo for taking the right step to move Nigeria forward in terms of assets declaration by public officials in line with the ant-corruption posture of the present administration.

As leaders who must lead by example, this simple but weighty gesture by them has shown in no small measure, their resolute desire to rid the country of the obnoxious toga of “one of the corrupt nations of the world” in accordance with their electoral mandate to champion effective anti-corruption war in the country.

It is also important that other members of the government take a cue from their commendable act and do the same, at the federal, state and local government levels. The public declaration of assets should not be limited to the president and vice-president only. It should be extended to other tiers of government to make the exercise as effective and meaningful as it ought to be.

Indeed, available records over the years reveal that corruption does not exist only at the federal level-it permeates every level of governance in Nigeria. This therefore makes it imperative that governors and local council chairmen, including ministers, special assistants, heads of ministries, departments and agencies, as well as commissioners also declare their assets publicly. In essence, every public officer in Nigeria, at whatever level, should emulate the good example of Buhari and Osinbajo and do the same.

As we commend the president and vice-president on this, we also implore them to remain steadfast in the fight against graft in the country, without any form of political, ethnic or religious bias in the process. A transparent, fair and efficient anti-corruption campaign is crucial to the ultimate survival of the nation, especially at a time of dwindling oil revenue.

We warn seriously that any attempt by the Federal Government or anti-graft agencies (EFCC & ICPC) to use the anti-graft war to pursue or settle personal or political scores will ultimately backfire and render the entire anti-corruption crusade a ruse.

We earnestly support the war on corruption for a better Nigeria. A Nigeria where the resources of the nation would deployed for the benefit of the people of Nigeria. A Nigeria where every public officer is accountable and depends solely on his/her official earnings or income. A Nigeria that would be a source of pride to every Nigerian-inside and outside the country.

As we watch the efforts of the administration in this regard, we hope that the anti-corruption will become a watershed in the history of governance in Nigeria.

Hot this week

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Emirates Gets African Travel Gold Award as Nigeria Launches “Culture Meter Index”

Paulos Legesse, Emirates Nigeria Country Manager welcoming welcoming the...

Fidelity Bank Receives Customs Service Award for Pioneering Role in UCMS Implementation

L – R: Head, Central Collections Unit, Olaide Adeyemo;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

Topics

CEO Mworia: ‘Give Yourself Permission to Succeed in Business’

James Mworia is one of Kenya’s most respected business leaders. At 37, he is CEO of Centum, an East African investment company with interests in a variety of sectors, including energy, real estate, financial services and fast-moving consumer goods. Mworia is credited with transforming the company, set up in 1967, by championing investments in new sectors and expanding its geographical reach. Earlier this month, Mworia spoke at an Entrepreneurship Boot Camp in Nairobi organised by talent management company, Africa Talent Bank.

Buhari: ‘Oil Prices Totally Unacceptable’

President Muhammadu Buhari says the current prices of oil...

Ibru Varsity Pro-Chancellor, Anthony Kila, to Chair Business Journal Annual Lecture 2025

Professor Anthony Kila, Pro-Chancellor, Michael & Cecilia Ibru University,...

Bank Customers Lost N2bn to e-Fraud in 2016

The Central Bank of Nigeria (CBN) says that bank...

PenCom: Commitment to Ethical Conduct, Business Practices

One of the major achievements of the Pension Reform...

FG: No Region Will Be Left Behind in Nigeria’s Development Drive

The federal government has stated that in Nigeria’s march...

Building a Legacy – A Lot on My Table

By Nonso Okpala “You have less than 100 years to...

Leadway Health HMO Reinforces Industry Leadership with Third Straight HMO of the Year Award

Dr. Tokunbo Alli Chief Executive Officer Leadway Health HMO Leadway Health...
Exit mobile version