Abuja – The Minister of Finance, Dr Ngozi Okonjo-Iweala, said on Tuesday that corruption persisted in the country because Nigeria lacked the institutions, systems and processes to prevent it.

Okonjo-Iweala made this known when she spoke on the Topic: `Preventing Leakages in the Nigerian Economy` at the Catholic Caritas Foundation Forum in Abuja.

According to her, the absence of the relevant systems and institutions that will help check corruption has created opportunities for people to engage in the act.

“This thing has been with us and we must crack it. This is not something that started in this country today; but it is something that we must crack.

“Fundamentally, we have to ask ourselves, why has this continued to be a problem; I am convinced that it is because we constantly look at the symptoms and not the cause of the disease.

“The cause of the disease is we don’t have in place the institutions, the systems and the processes to block and prevent it in the first place.
“That’s the only difference between us and the people abroad.`

The minister assured that people would be compelled to do the right thing always if the appropriate systems were in place to block and prevent corruption.

She urged youths in the country to ask the relevant questions that would help tackle corruption in the country.
She said: “This is so important now because of technology and I am a total fan of the use of technology and electronic platforms to block the leakages in this country.

“We must use them the way they are being used in other countries.“
Okonjo-Iweala said that the introduction of the Government Integrated Financial Management System (GIFMS) had helped to reduce physical movement of cash to make payments and curb corruption.

She said that the Integrated Personnel Payment System had also helped government to remove ghost workers from the system and save money in the process.

She said, “We have been able to weed out about 62,893 ghost workers till date saving N208.7 billion and we have not finished in the system. That is addressing the root cause.“

The minister said that the names of the persons found to be involved in the act had been sent to the ICPC for further action.
OKonjo-Iweala said that through the electronic wallet system introduced by the Ministry of Agriculture, government had been able to reduce corruption in fertilizer distribution in the country.

According to her, 10.5 million farmers have been registered under the system with more than 6 million being able to access the product personally.

This, she said, had contributed to increased food production.
The minister said that with the creation of the Pension Transmission Administration Department as demanded by law, issues with old pension were being handled systematically
She said that 14 people were presently under trial for various pension scams in the country.

Commenting on the outcome of the forensic Audit on the alleged 20 billion dollars missing oil money, she said the ministry had written to the NNPC asking it to remit the amount as directed by the auditors. (NAN)


http://www.vanguardngr.com/2015/02/nigeria-lacks-institutions-systems-processes-prevent-corruption-okonjo-iweala/#sthash.4QZOiUwW.dpuf

Which university did this woman go self! Corruption is everywhere in the world Mr woman. Ours is more than corruption. How did she even enter that uni she attended self big disgrace. This statement "

According to her, the absence of the relevant systems and institutions that will help check corruption has crea[i][/i]ted opportunities for people to engage in the act.

“This thing has been with us and we must crack it. This is not something that started in this country today; but it is something that we must crack "

Some people are attacking me because they have never and will never withness a good government in their life. Its either this woman don't know her job as a finance minister or she is just refusing to do her job.
If she was heading a private company would she be saying gibberish like this. What else do you need when you have police, sub police EFCC and not to talk off other agencies. She knows she can't say this in a sane society.

She might be a genius in academics, but she needs to be a patriot with the position she is holding. That's why she lost the world bank job, because she did a cow boys job the last time. I know if she had a good record definitely Obama would have recommended her, but her track record is disturbing.

slimfit1:
Which university did this woman go self! Corruption is everywhere in the world Mr woman. Ours is more than corruption. How did she even enter that uni she attended self big disgrace.

Same question I keep asking myself

vjsmiles:
MUMMY IWEALA CAN I BE YOUR SUGAR BOY

GOLD DIGGER

Wow... My first thread of the year makes FP..
Thank God...

Some people have vowed not to see sense in what others do forgetting that one day you'll need others to see sense in what you're doing.

YOu that will end up in prison

eph12:
Some people have vowed not to see sense in what others do forgetting that one day you'll need others to see sense in what you're doing.

GBAM

johnmartus:
YOu that will end up in prison

Na you wan carry am put there?

SO YOU KNOW?

ok

In other words, ure not fit for the job.
You are a failure. ..
......Ngozi 2015

.

then leave

Noo. The topic shud be " We incapacitated the means to prevent corruption in Nigeria."

THEN RESIGN. WHAT ARE YOU THERE FOR?

Nawa oo
pdp statement again
can only happen in nigeria
it's a shame ooo oooooo
okonjo iweala conceding. ...

it is not Nigeria that lacks capacity. it is you and your bandwaGAgooks that lacked Intellectual capacity to deal with corruption.

that is why she is also a culprit ....

But i thought oga said we will use technology ?

Am dissapointed this Came from a former director of World back She is suppose to be revealing this to the President not us Are we the ones in power that will provide the capacity.
Rather than sit with Mr President and Liase with him on providing the " supposed capacity" She is here " bending the Cow" and making unsolicited remarks.

she did not even pose well in her i.d card sef

This is the absolute truth. To make it worse those systems and institutions can never again be present in Nigeria, this is b/c the people that will institute the institution are the corrupt once and I have never seen where somebody blocks where he/she gains from .

We can chant "Change" from now till zillion yrs, that fact still remains "you are on your own" as far as Nigeria and Government is consigned.

Obviously, some didn't read before commenting.

@eph12 what you said is quite sensible. I can relate.

Dis people na corrupt thieves.
The $20Billion that was missing was stolen technologically. And ur saying corruption would be tackled wit technology. Its a shame that the pple we placed our wealth in their hands are mediocres coated with the material of corruption. This is what Jonathan has done to Nigeria.
Until pple are jailed, corruption lingers here.

Don't worry girl, you will get the capability in jail with your fellow thieves!

Nigeria my COUNTRY.
Corruption seems like a virus in our blood already, both young and old, poor and rich. It goes beyond political inclination cos it has eaten very deep into every sector and department of our federal institutions/parastatal/ministries.

I think the change we so much desire should start with YOU.
VALUE RE-Orientation irrespective of your religion or political affiliation

Aunty u can say dat again.... Thief.

True and honest talk.

I thought we can stop corruption through a software

Lols
PDP and Goodluck jonathan campaigns be like
Everywhere I go ..people say my administration has failed..Security f9 ,Jobs f9 ,roads f9, wife f9,agriculture f9.Nigerians are saying my administration as the President is below par and I have failed woefully.
Fine .I agree. But remember Nigerians,when a student fails,he is asked to repeat.My beloved people, Repeat me for four years .I have failed u and the development courses u have given me .I an ready to retake it..I take this repetition as a punishment for my failure.
Vote for Good luck Jonathan. Repeat him .Lols