Bach Under The Stars

Monday 21 March 2011

Corruption in Nigeria

I'm pretty interested in Nigerian struggle for better governance.

This is amazing, because reformers fighting the crooks really put their lives at stake.

More important Haliburton agreed to pay $579m for alleged brides. This is a matter of establishing rule of law in Nigeria. They are creating form of personal responsibility for higher official and chiefs of big companies, people who tend to pillage resources of Nigeria.

In the last 6-7 years Nigeria puts great efforts into its anti-corruption campaign. Nevertheless starting point for it was miserable, just ahead of Cambodia and Bangladesh (way worse than Iraq or Afghanistan), so it would take 10 years of reforms to be as little corrupted as China or India.

Related: Interview with Nuhu Ribadu, first chief of economic and Financial Crime Commission.

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