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Ekiti 2014: APC crying wolf – Presidency

Nigeria corruption rating political, overblown – Jonathan

byBassey Udo
March 3, 2015
2 min read

President Goodluck Jonathan has said that the perception that Nigeria’s corruption has worsened under his leadership is an overblown assessment with political undertones.

The President, who spoke Monday night in an interview with Aljazera, said despite the country’s position in the global corruption perception index, the perception that corruption has worsened under his administration is inaccurate.

In 2014, Transparency International ranked Nigeria was ranked 136th out of 175 countries and territories, with a score of 27.

According to TI, a country or territory’s score indicate the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).

The latest ranking, though better than its ranking of 144thout of 177 countries and territories, with a score of 25, recorded the previous year, still categorised Nigeria among some of the world’s most corrupt countries, including Cameroun, Kyrgyzstan, Lebanon and Russia.

South Africa, ranked the second largest economy in Africa, fared far better, with a ranking of 67 and a score of 44.

Also, the Thabo Mbeki High Level Panel report on Illicit Financial Flows from Africa noted during the recent summit of the African Union Heads of State and Government in Addis Ababa that Nigeria accounted for about 68.1 per cent of the cumulative revenue Africa lost between 2001 and 2010 through corruption and illegal transfers.

But the President insisted that even with Nigeria’s dismal anti-corruption record, both globally and in Africa, its perception both within and outside the country was blown out of proportion for political gains.
“Yes, people talk about corruption now, because it has become a political issue,” Mr. Jonathan said. “And when you promote something to the level of politics, normally it is blown out of proportion.

“Yes, we have corruption cases, no doubt about that. Yes, we have cases of people stealing, no doubt about that. I always said call a thief a thief. I am not saying that in Nigeria we do not have these elements of corruption, or stealing.

He cited the controversy triggered by claims by the former Central Bank of Nigeria governor, Lamido Sanusi, now the Emir of Kano, that $49.8 billion oil money was unremitted by state-owned national oil company, the Nigerian National Petroleum Corporation, between 2011 and 2012.

After various reconciliations by both the National Assembly, the Federal Ministry of Finance and the NNPC, the amount that remained unaccounted for was reduced to $20billion, but a forensic audit by PriceWater HouseCoopers ordered by government turned in a report in 2014 that government has refused to make public.
The President said he was yet to come to terms with what the real figures involved in the allegation were, apparently because of politics.

“If you start from my former CBN governor, who said initially that $49.8billion was missing. $49.8billion is a lot of money. What is the budget of this country for God’s sake? Our federal budget has been three point something trillion, that’s roughly on the average $18 to $20 billion a year.

“And you are saying we lost $49.8 billion. If we lose $49.8 billion, the federal and state governments will not pay salaries. I don’t know how he came by that figure.

“The next moment, he changed from $49.8billion to $12billion. The next day it was $20 billion. Up to this time, I don’t know which is the correct accusation,” he claimed.

According to the President, the Senate employed the services of financial consultants to probe the allegation, and it turned out that only about $2 billion was found not to have been properly balanced.

“There was no evidence to show that it was stolen, but just that it was not properly balanced,” he declared.
The President had in one of his media chats insisted that stealing is not corruption.

In another outing, he tried to explain further what he meant by “stealing is not corruption”.

He says most of what are perceived to be corruption in Nigeria are mere cases of petty stealing by officials.

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Bassey Udo

Bassey Udo

Bassey Udo is PREMIUM TIMES' Business & Economy Editor. He has covered finance, energy, oil, gas & extractive industries for over a decade. He is a winner of the Wole Soyinka Award for Investigative Journalism, and the Thomson Reuters Foundation (Wealth of Nations) Award for Business Reporting. Bassey is an alumnus of the U.S. International Visitors Leadership Programme. Twitter: @ba_udo

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