Buhari Has Panama-Proofed Nigeria’s Corruption

If you were to personally ask President Muhammadu Buhari what the most successful thing a person  could achieve in Nigeria was and he is totally honest with you, he will tell you it is either to seize power (through coup d’états or general elections) or amass riches (through grand corruption). Power and riches for their sake will always breed corruption and that is particularly why the president himself is not exempt. We all know that but some simply deny it. The Panama Papers scandal involving tax-evasion and money laundering cases in off-shore havens shook many international heavyweights in the civilised world but not Nigeria. Buhari’s administration has rendered big thieving Nigerian politicians and quasi-businessmen completely “Panama-proof”. Continue reading

Can President Buhari Still Change Nigeria?

 

 

An interview of Grimot Nane on the immediate political future of Nigeria by freelancer Opey Sonto, September 15th 2016.

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Buhari: Continuing The “Too Big To Convict” Anticorruption Sham

Raymond-Omatseye1

The first corruption prosecution of President Muhammadu Buhari’s reign has succeeded. The former Director-General of the Nigerian Maritime Administration Safety Agency (NIMASA), Raymond Omatseye, has been sentenced to five years in prison for his orchestration of N1.5bn contract scam. Omatseye got what he deserved; every guilty man and woman should be punished according. Well, not quite. The process that led to the conviction precedes this administration. Then this success is actually a major failure of anticorruption when considering the political economy and ethnic dynamics of Nigeria, a massive sham. The prosecution / conviction of Omatseye suggests a pattern of ‘ethnic ease’ adopted by several Governments of Nigeria (GON); the smaller the ethnicity of a corrupt official the easier it is to convict him or her and vice versa. Continue reading

Senators: Enacting Laws to Make Corruption Profitable

Saraki Nwaoboshi

Corruption is essentially a phenomenon that is highly secretive mostly because its perpetrators seek to avoid the consequences of detection, prosecution and conviction. In Nigeria, and for a long time corruption in high places has been both visible and morally-neutral because of the generous guarantee of impunity public officials readily enjoy. However, the impunity guaranteed by government inertia appears to be insufficient for thieving public officials. Nowadays, lawmakers actually enact bills to destroy those who have the temerity to detect, expose or prosecute their very own cases of corruption and enact bills to immunise themselves against detection and prosecution. Is there not supposed to be a “War Against Corruption” (WAC) going on in Nigeria? Continue reading

Is the TSA a Panacea to Corruption?

Ngozi_Okonjo_Iweala_Presents_Budget

The Treasury Single Account (TSA) was adopted by Ngozi Okonjo-Iweala, a diehard neoliberal, while she was Minister of Finance under the presidency of Goodluck Jonathan. The TSA a monetary tool introduced to reduce the cost of borrowing in a debt-stricken neoliberal world and ensure idle or unused monies by government agencies do not sit in accounts. The introduction of the TSA into the Nigerian system of economic has nothing to do with the intelligence or sensibilities of either Goodluck Jonathan or President Muhammadu Buhari; it is a “compulsory” International Monetary Fund (IMF) instruction. Is the TSA an effective anti-corruption tool though or not? Continue reading

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