Economy
Corruption Survey to Assess Effectiveness of FG’s Fight Against Corruption- NBS
The National Bureau of Statistics (NBS) says its corruption survey is aimed at assessing the Federal Government’s fight against corruption.
The Statistician-General of the Federation, Prince Semiu Adeniran, said this at the Train the Trainers programme for the Third National Survey on Quality and Integrity of Public Services in Nigeria in Abuja on Monday.
Reports says that the survey, also called the Corruption Survey, is the third of its kind with the first two conducted in 2017 and 2019.
Adeniran, represented by the Bureau’s Director of ICT, Mr Biyi Fafunmi, said the training was a significant milestone in efforts to collectively combat the scourge of corruption in Nigeria.
He said corruption had remained a formidable challenge as such the insights gathered would guide the country towards a more transparent and accountable future.
He said the outcome of the survey was not to castigate or point fingers at any individual or institution, but to make the necessary commitment to improving the quality of public service available to Nigerians.
“It is also to enhance the trust in the relationship between the citizens and public offices. This is an important hallmark of development in any society.
“This third round is being conducted in collaboration with the United Nations Office on Drugs and Crime (UNODC) and the MacArthur Foundation.
“The survey is not only important as a policy decision tool but also strategic and timely.
“The results will help assess the effectiveness of the efforts deployed by the government to tackle corruption, identify remaining gaps, and determine priority areas for future initiatives.
“It will also help the government craft future anti-corruption policies that are better designed, better targeted and thus more effective to tackle corruption in our society,” he said.
Adeniran said the survey focused primarily on understanding the experiences of corruption by Nigerians, rather than perceived corruption whenever they encounter public officials.
According to him, two new vital modules on gender and disability have been introduced to the instrument in the third round of the survey.
“As the third aspect of the survey, following the 2017 and 2019 rounds, we are presented with an opportunity to conduct a trend analysis of corruption experienced by households in the country.
“Thus, this round will seek to gain a deeper understanding of the differential impact of corruption on marginalised or typically excluded groups such as women, youths, and persons with disabilities,” he said.
Mr Musa Mohammed, Director of Demography and Household Statistics, NBS, said a test run survey was carried out in Uyo and Nasarawa as a build-up to the main survey.
Mohammed, who is also the Project Director, said the trainers would review the questionnaires to be used for the survey, adding that 30 per cent of the numerators for the exercise were from the NBS.
“We will use this opportunity to build the capacity of the state Bureau of Statistics,” he said.
He said the survey of 2017 and 2019 showed a decline in the prevalence of bribery from 32.3 per cent to 30.2 per cent adding that it’s however at variance with the report of Transparency International.
The National Research Consultant, Prof. Adebisi Adeniran, said that the two previous surveys impacted on policy formulation in Nigeria and expects that the third round would look at trends and patterns of corruption in the country.
Princess Chifiero, Project Officer, Anti-Corruption, UNODC, said the focus was on an experienced-based corruption survey shared by citizens themselves rather than on perception.
She said the survey questionnaires were usually translated into the three Nigerian official languages and Pidgin English with 33,000 interviewers across the 36 states and the FCT.
Chifiero said that bribery refusal, gender dimension, items to measure disability and items to measure the location of bribery were new additions to the survey.
NAN reports that the main survey fieldwork would start in October through November 2023 with the ongoing training of the trainers which would be stepped down to the state level. (NAN)
Mr Adegboyega Oyetola, the Minister of Marine and Blue Economy says upgrading the Maritime Academy of Nigeria (MAN), Oron to a university, will unlock opportunities in the maritime economy.
Oyetola made the expression at the 2024 MAN cadets graduation ceremony in Oron, Akwa Ibom on Saturday.
Represented by Mr Babatunde Bombata, the Director, Maritime Safety and Security, the minister said the Federal Government was working assiduously to unlock opportunities within the marine and blue economy.
He said that the ministry was already collaborating with the Ministry of Education and the Nigerian Universities Commission to ensure MAN’s seamless transition to a university.
“It is our hope that this upgrade will unlock new opportunities for advanced learning, cutting edge research and innovation within the marine and blue economy fields,” he said.
Oyetola urged the graduating cadets to be innovative, resourceful and forward looking in their future endeavours.
“The maritime and blue economy sectors are filled with opportunities, so your contributions to the sector will be instrumental in ensuring a brighter future.
“The government is committed to fostering excellence and innovation in these fields, and we eagerly anticipate the positive impact you will make in your careers,” he said.
He further said that the Federal Government was working on developing a national policy on marine and blue economy.
“This policy will serve as a strategic framework to drive economic diversification, attract investments, create jobs and youth empowerment.
In his remarks, Gov. Umo Eno of Akwa Ibom, said the state government would continue to collaborate with the academy to develop the maritime sector.
Represented by the Commissioner for Internal Security and Waterways, Gen. Koko Essien, (Rtd), Eno urged the graduating cadets to utilise their training in developing the maritime sector.
“I am hopeful that you will utilise the training you have acquired here to further your career as seafarers and in the development of our blue economy,” he said.
Eno commended the Acting Rector, Dr Kevin Okonna and his management team for their commitment towards repositioning the academy for greater results.
Earlier, Okonna said that graduates of the institution had contributed immensely to the growth of Nigeria’s maritime and blue economy.
“Today, we have an opportunity to celebrate a new set of well-trained personnel to the maritime and allied industries.
“We pride ourselves as the pioneer maritime training institution, this is because of the institution’s contributions to national development,” he said.
The acting rector urged the graduating cadets to made effective use of the knowledge gained during their training to make meaningful impact on the growth of the maritime sector.
Report says that awards were given to graduating cadets who distinguished themselves in character and learning. (NAN)
The Nigerian Exchange Ltd. (NGX) continued its bullish trend on Wednesday, gaining N183 billion.
Accordingly, the market capitalisation, which opened at N59.532 trillion, gained N184 billion or 0.31 per cent to close at N59.715 trillion.
The All-Share Index also added 0.31 per cent or 303 points, to settle at 98,509.
68, against 98,206. 97 recorded on Tuesday.Consequently, the Year-To-Date (YTD) return increased to 31.
74 per cent.Gains in Aradel Holdings, Zenith Bank, United Bank For Africa(UBA), Oando Plc, Nigerian Breweries among other advanced equities drove the market performance up.
Market breadth closed positive with 34 gainers and 17 losers.
On the gainers’ chart, Africa Prudential, Conoil and RT Briscoe led by 10 per cent each to close at N14.30, N352 and N2.42 per share, respectively.
Golden Guinea Breweries followed by 9.95 per cent to close at N7.18, while NEM Insurance rose by 9.74 per cent to close at N10.70 per share.
On the other hand, Julius Berger led the losers’ chart by 10 per cent to close at N155.25, Secure Electronic Technology Plc trailed by 9.52 per cent to close at 57k per share.
Multiverse lost 7.63 per cent to close at N5.45, Haldane McCall dropped 6.07 per cent to close at N4.95 and Honeywell Flour shed 5.62 per cent to close at N4.70 per share.
Analysis of the market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 49.44 per cent.
A total of 320.10 million shares valued at N6.48 billion were exchanged in 7,943 deals, compared with 939.41 million shares valued at N12.81billion traded in 9,098 deals posted in the previous session.
Meanwhile, ETranzact led the activity chart in volume with 70.27 million shares, while Aradel led in value of deals worth N1.22 billion.(NAN)
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 22 pips to 7.1870 against the dollar on Monday.This is according to the China Foreign Exchange Trade System.In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.
The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. (Xinhua/NAN)
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