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Hot NewsPolitics

What corruption report under Buhari govt should make stakeholders do – Osinbajo

Uchenna Mbam
Last updated: February 27, 2018 6:27 pm
By Uchenna Mbam
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The Vice President, Yemi Osinbajo has said the Transparency International report on increased corruption should serve as a wake-up call for all stakeholders in the anti-corruption fight.

Osinbajo said rather than fault the report, it should spur stakeholders in strengthening the gains recorded by the President Muhammadu Buhari-led administration so far.

The Vice President spoke at the Dialogue of Organs of Government on Reform of Justice Sector and Campaign Against corruption, jointly organized by the Presidential Advisory Committee Against Corruption and the Federal Ministry of Justice, in Abuja.

Represented by the Deputy Chief of Staff, Ade Ipaye, Osinbajo insisted that Buhari’s administration was recording progress in the fight against corruption.

According to Osinbajo, “This dialogue couldn’t have come at a better time because only recently, Transparency International released a report suggesting that Nigerian declined in the perception index for reasons which I will discuss shortly.

“We are firmly of the view that real progress is being achieved in the fight against corruption in Nigeria, and perception may indeed lag behind reality. But as the saying goes, perception is sometimes stronger than reality, so we have to keep up the good fight, until the full effect of our efforts can be clearly seen and perceived.

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“In that regard, the ranking of Nigeria by the 2017 Transparency International Corruption Perception Index, released on February 21st, 2018, should not in anyway be seen as a set back but rather as an opportunity to continue building on the many successes that have already been recorded by this government in all the key sectors.

“It is also important to note that the main reason for Nigeria’s decline in the Transparency International 2017 Corruption Perception Index, is that Nigeria recorded a major drop in score on just one out of the nine international recognized indexes used by Transparency International, to ascertain perceived levels of public sector corruption from the perspective of experts and business people.

“So the the drop recorded was in just one out of the nine recognized indexes. The index in question scored Nigeria low on the economy intelligence unit country’s risk service with the decline from 37 points to 20. This is an index that analysis the risks of financial exposure in countries.

“The question to be asked then is what changed so dramatically between 2016 and 2017? As we speak, the budget for 2018 is under public scrutiny at the National Assembly, the allocation and use of public funds is guided by the budget and represents one of the key areas of consultations and interaction between the two arms of government, that is the executive and legislature.

“The endless number of probes and the use of public funds going on both within the executive and the legislative arms, underscores the transparency of this government and its intention to ensure that funds are used for public purposes.

“What sets Buhari’s leadership apart from others, is the prudent and transparent management of national resources. Thus, despite upto 60 percent drop in revenue, we have by stopping grand corruption, make highest capital spending in the history of Nigeria, in the sum of N1.3 trillion in 2017.

“We have for the first time taken on the game changing infrastructure projects. So we are today building the Lagos-Kano standard gauge rail line beginning with the Lagos Ibadan segment. We are also building after 40 years, the Mambila Hydro Project, construction of the second Niger Bridge is ongoing daily, we have signed up for the Lagos-Calabar rail project, we are daily increasing power supply and once we conclude some strategic transmission project, we will see a truly significant and appreciable improvement in domestic and industrial power supply in Nigeria.

“Also this government has given more to support the state governments than any other government since 1999. As of September2017, total support from excess crude account loan and budget support facility, excluding now the Paris Club refund, is in the order of N873.3 billion. If we add the Paris club refund, we would have disbursed N1.91 trillion to the states outside of their monthly allocations.

“This government should be applauded for exercising restraint and discipline in its appointment of public servants. The number of appointed public servants pales in comparison to the number of civil servants. The process of appointing public servants is also guided strictly by legislature.

“This, the assessment of Transparency International inquiry into whether or not there is a professional civil service and whether large number of officials are directly appointed by government should have taken this into consideration.”

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