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President Obvious: Buhari says FG agencies are still diverting government revenues

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President Obvious: Buhari says FG agencies are still diverting government revenues

President Muhammadu Buhari has stated that some agencies of government are still diverting or refusing to fully account for revenues generated, despite the anti-corruption drive by the Federal Government.

Backstory: The president who disclosed this during his address at the inauguration of the new board of the Independent Corrupt Practices Commission (ICPC) did not state the names of the defaulting agencies. He however vowed to ensure that every agency of government accounted for public revenue generated or expended.

“As I have noted in recent times, despite our anti-corruption drive, some agencies of government still divert or refuse to fully account for revenue generated. Rather than obey constitutional provisions and extant rules and regulations, such agencies continue as if nothing has changed,” he said.

“We are determined to ensure that every agency of government accounts for public revenue generated or expended. I am looking forward to ICPC’s support both for enforcement of anti-corruption laws and submission of policy measures and directives to prevent revenue leakage and diversion.”

Bottom Line: The president’s confession will hardly come as a surprise to most Nigerians. There has not been any material change in the approach of governance towards corruption since President Muhammadu Buhari became president in 2015. The war against corruption is still mostly marked by the parade of a few politically exposed persons, most likely in opposition to the government at the centre, while it remains business as usual in the ministries, departments and agencies. It is as a result of these and other factors that Nigeria still under-performed in the most recent Transparency International Corruption Perception Index released in January.

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