New Policy Or Business Opportunity? Expose Corruption And Make 5% Of Recovered Sum – FG 


A new policy which aims to give Nigerians a part of recovered sum if they directly report to relevant authorities any financial embezzlement or other related crimes, have been approved by the Federal Government of Nigeria.

The policy approved on Wednesday, December 21, highlights that whistleblowers whose revelations lead to the recovery of money will be entitled to as much as 5 percent of the recovered sum.

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Mrs. Kemi Adeosun who is the Minister of Finance, made the announcement to State House correspondents at the meeting of the Federal Executive Council, chaired by President Muhammadu Buhari inside the Council Chamber of the Aso Rock Villa.

According to her,

“This new policy is being put in place in conjunction with the Attorney General of the Federation and Minister of Justice.

“It is a stop-gap initiative until the National Assembly formally passes a law on whistleblowing.

“We aim to strengthen fight against corruption by the Buhari administration. Therefore, the new programme encourages Nigerians with information on financial crimes to disclose it.”

She also informed that anyone who provides useful information leading to the recovery of fund will be entitled to not more than five per cent of the recovered sum.

The government, she said, will set up a website and provide a phone number and email to enable people contact authorities in charge to tackle any corrupt acts. According to her, anonymity and protection of whistleblowers will also be guaranteed.

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This disciplinary measures would surely be a welcome policy for millions of Nigerians, as well as keep all government officials on taut alert. Since assuming office on May 2015, President Buhari has proven true to one of his top campaign promises – to fight and completely eradicate corruption which, according to him, has become a political norm for unscrupulous leaders in the country.