Policy Brief: Strengthening the Office of the Auditor-General
Nigeria’s inability to transform its resources as shared wealth and prosperity for all, is making it difficult to block financial leakages, as a large chunk of its earnings are being pocketed by a few and transferred illegally to other countries.
Despite the nation’s huge resources, Nigeria loses $18b annually to illegal movements of money or capital from the country– especially through the oil and gas industry, yet very little attention is paid to this illicit financial flow.
Read our Policy Brief on why the Nigerian President and the Senate need to assent the Federal Audit Bill that will enhance the office of the Auditor-General of the Federation to sanction government agencies that default audit policies.
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Connected Development’s (CODE) Follow the Money initiative, with the support of the John D. and Catherine T. MacArthur...