More trouble for VP Osinbajo: There is corruption in N-SIP programme –Magu
The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has claimed there is corruption in the National Social Investment Programme and Anchor Borrower’s Programme.
The Office of the Vice-President superintends the N-SIP while the Central Bank of Nigeria funds the Anchor Borrower’s Programme.
Magu called on civil society organisations to investigate the N-SIP.
The EFCC chief raised the alarm at the 15th Anti-Corruption Situation Room organised by the Human and Environmental Development Agenda in Kaduna on Tuesday.
Magu, represented by spokesman for the anti-corruption agency, Wilson Uwujaren, at the event, said, “The crisis in Nigeria today boils down to corruption. The EFCC is doing everything possible to ensure that stolen resources are recovered and returned. Civil society organisations need to play more active role, especially in the National Social Investment Programme.
The keynote speaker, Prof Adam Abere, said Boko Haram insurgency, kidnapping and banditry in the country were the manifestation of corruption.
Abere said, “Corruption hinders true democracy. Banditry in Zamfara and Katsina states are the consequences of mining operations in the two states.
“The plan is to make the area an ungovernable environment – to bring arms in and control the mining activities fully – but the Federal Government’s ban on mining activities helped to reduce the crisis.”
The Executive Director of the HEDA, Olanrewaju Suraju, said the Anti-Corruption Situation Room that had taken place in many parts of the country was designed to facilitate interaction between stakeholders to promote anti-corruption and good governance.
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