Politics
Just In: Tinubu’s Determination To Reinforce The Fight Against Corruption (Details)

Moreover, the Minister highlighted specific performance indicators and signed a performance bond on November 3, 2023, for effective NACS implementation. The official launch of NACS 2022-2026, engagements with the Governors Forum, and activation of the anti-corruption funding framework are among the imminent activities.
Meanwhile, Dr. Ogbonnaya Orji, Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), revealed that Nigeria has recovered and mobilized $7.2 billion through years of independent reports. Despite recent gains, Nigeria’s Corruption Perception Index (CPI) ranking remains at 154 out of 180 countries. Orji emphasized persistent corruption challenges in the oil, gas, and mining sectors, with Nigeria grappling with issues like oil theft, pipeline vandalism, and illegal mining.
NEITI’s reports unveiled significant losses, including 619 million barrels of crude valued at $46.16 billion lost to oil theft and 4.2 billion liters of petroleum products worth $1.84 billion lost from 2009 to 2018. Orji called for a revamped approach, urging closer partnerships, collaboration, and inter-agency cooperation.
Furthermore, Jason Smith, Director of International Narcotics and Law Enforcement Affairs at the United States Embassy, reiterated the U.S.’s commitment to collaborating with Nigeria and international partners to reinforce anti-corruption efforts. Dr. Oliver Stolpe, representing the United Nations Office on Drugs and Crime (UNODC), commended Nigeria for active participation in the Implementation Review Mechanism (IRM) process.
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