Friday, October 14, 2005

Daniel Kaufmann:Nigeria Is Winning The War On Corruption

I am becoming convinced that President Olusegun Obasanjo is serious about the war on corruption and he is even ready to surrender himself for prosecution if found wanting as he said corruption has no immunity in Nigeria. And I love that.

As much as I have been very vocal in crying out against his questionable acts, I am also very vocal in approving the laudable acts of His Excellency President Olusegun Obasanjo of Nigeria. The only credible legacy he can leave in Nigeria would not be his so called Presidential Library Project or his private university, but the solid foundation for the nation building of a New Nigeria where corruption would no longer be the toga of Nigeria.

The good news from News 24 is a good topic for your comments.

Nigeria winning corruption war
14/10/2005 09:38 - (SA)
Abuja - Nigeria's government under President Olusegun Obasanjo is making progress in fighting corruption, a senior World Bank official said on Thursday.

Daniel Kaufmann, head of global programmes at the World Bank Institute (WBI), made his remarks after a meeting with members of Obasanjo's economic team.

"Nigeria is changing for the better. In fact, if the current momentum is maintained and deepened, the progress made in the fight against corruption could become irreversible," Kaufmann said.

Obasanjo's specially appointed economic team has the responsibility to fashion the country's economic reform programme, which also includes chasing and repatriating Nigerian wealth stolen by past leaders and stashed in foreign banks.

'Historical turning point'

He cited improved accountability, integrity in the handling of public finances, reduction in the extent of bribery in some areas like taxation and public procurement, as some merits of Nigeria's economic reforms.

"This year and 2006 may prove to be historical turning point in Nigeria's anti-corruption efforts if resolute reforms in key areas are fully implemented," Kaufmann said.

His presentation relied on worldwide governance indicators issued periodically by the World Bank. Kaufmann heads the governance and anti-corruption desk at the WBI in Washington.

However, he said, Nigeria's private sector ethics were not improving.

"The notion that corruption is an exclusively public sector affair is a myth because it takes two to tango," he observed.

Kaufmann criticised foreign firms operating in Nigeria, saying they too were not free from unethical practices. - Sapa-dpa

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Anonymous said...

Oh, wow!

Nigeria getting back $290 million in loot?

I'll chip in $500 to help you get it out of the bank! I got the email!

Orikinla Osinachi. said...

We thank God!

Why are you anonymous?
Who will collect the $500 donation?

You can pay for the Internet bill of Nigerian Times for one year.
Only if you appreciate Nigerian Times or let me pass on the news to Nigerian Bloggers network.