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By Philip Shimnom Clement


The World Bank and other stakeholders have urged the government to fight institutional corruption as it is the only guarantee to sustainable growth and development.

Speaking at a policy conversation on the State of Anti-corruption Policy and Practice in Nigeria jointly organised by Agora Policy and MacArthur, on Tuesday, stakeholders said Nigeria must begin to reform its political recruitment process, build strong institutions, reform the judicial system and strengthen the anti-corruption fight.

World Bank Country Director, Ndiamé Diop said corruption is a big challenge to the country’s economic development, adding that entrenching fiscal transparency in Nigeria’s public service has been a herculean task.

He said institutional challenges have prevented development of innovative solutions to promote transparency and entrench fiscal data.

“We talk about transparency, but in order to have transparent reports, you need to have the data and that data needs to be accurate and reliable. And right now, the data system requires all kinds of manual processes that allow for leakages, which have long affected the system,” he lamented.

Africa director, MacArthur Foundation, Kole Shettima said corruption is a major challenge to Nigeria’s development.

“Corruption has denied our youth the future, denied us our basic necessities including roads, electricity and education. Unless we challenge corruption, we know that our society would be more endangered,” he said while calling on the authorities to join forces with the foundation and other private sector stakeholders to reduce corruption in the society.

In the same vein, Senior Fellow, Centre for Democracy and Development, Abuja, Adele Jinadu said the abuse of the power of incumbency has reached disturbing heights of impunity in the country.

“It is as if we have lost our moral bearings, as if moral rules do not matter, and as if we care less about what is right and what is wrong.

“We must also seriously address, confront and mitigate the corrosive effect of our country’s toxic, even diabolic moral and political environment, which is stifling our democratic development.

“We must begin a process of reforming our legal system in fundamental ways, and away from their excessive formalism and elitist bias, in order to engender a more progressive, activist and public interest legal culture, which will provide legal anchor for social and distributive justice as state policy,” he added.

https://dailytrust.com/nigeria-far-from-fighting-institutional-corruption-world-bank/

Nlfpmod

Nothing but the truth.
APC/Tinubu zombies incoming to defend their tin-God in 3...2...1. Go.

The trueh is bitter

Nigerian police force, the most corrupt institution in the universe.

Not when the world bank itself is a neocolonial institution of corruption against third world countries.

That's the thing. Subsidy was never an issue but the corruption laced around it. They don't have the political will to tackle corruption headlong because they have their hands in the cookie jar as well.

The nigeria's system is synonymous with corruption. Everyone wants something at the expense of the system and the gullible/vulnerable masses. That is why is not working. It's a self destructive system.

Una go first stop to give them money if dem come borrow

papiSNEH:
Una go first stop to give them money if dem come borrow

Abi o. You get point. It's still all these Western countries that helps them to hide their loot lol. But we really need to fight corruption head on, If we really want to develop.

Tinubu effect.


Who will lead in the fight against corruption?

WORLD BANK must have seen my thread about LASU, Benin and Togo. Nice one.

Terrible government and administration