Considering the fact that corruption persists as an existential threat to all nations, President Muhammadu Buhari has expressed his desire for the new administration to keep up his administration’s efforts at curbing corruption in the country. The President made the remark at the State House in Abuja while hosting the Management of the Code of Conduct Tribunal, led by Chairman Danladi Yakubu Umar. He underscored the Code of Conduct Tribunal’s contribution to the battle against corruption during the last seven years, labelling it a significant resource.
According to Buhari, the government relies on these types of frontier agencies to demonstrate its effort and to reiterate its commitment to combatting corruption in all forms. He recognized the efforts of the Code of Conduct Tribunal and other institutions in the context of a challenging economy and revenue deficits. As a means to this objective, he pledges novel approaches to funding for major agencies and essential service initiatives. Earlier in his statements, the Chairman of the Tribunal praised the Buhari government for its curative impact on several fronts, including infrastructure growth, agricultural output, and access to basic social amenities.
MSMEs particularly would benefit from the Act to some degree.
The President further emphasized the importance of a thriving and successful SME sector to the economy’s overall growth and employment creation. This, he claimed, supported his recent passage of the Business Facilitation Bill. Prior to this meeting, Buhari hosted the Governing Council and members of the Institute of Directors (IoD), where he boasted about the measures taken by his administration to ensure the continued success of small and medium-sized enterprises (SMEs) despite the challenges posed by a variety of external stuns.
He voiced his optimism that the Act would contribute to some degree to improving the climate in which businesses are operated, particularly for the MSMEs. Note that the Bill was designed to alleviate several restraints for micro, small, and medium-sized businesses. While congratulating the institute on reaching the milestone of 40 years, President Buhari also made notice of its dedication to the development of the country and emphasized the need to maintain high standards of ethics in business.
Stakeholders should acknowledge the institute’s laudable contribution.
As the President noted, this is a proud moment for the institute and the whole country as it demonstrates the institution’s commitment to the goals of enhanced corporate governance, ethical business practices, improved corporate governance, and transparency. This, he urged stakeholders to acknowledge the institute’s laudable contribution to offering development aid. To him, these values serve as vital support structures in the private sector and are equally essential to achieving desired outcomes in governing the public sector.
Moreover, as the nation’s economy and private sector expand and evolve, all stakeholders should acknowledge that such a resourceful institution exists, prepared and capable of supporting and developing the country, Buhari noted. President and Chairman Dr. Ije Jidenma, the Governing Council and the Institute of Directors, who led the delegation, said that in light of the reforms implemented across the board in the Nigerian economy over the past eight years, higher standards had been set for the actions of the country’s corporate executives and public-sector boards.
The institute had obtained an understanding towards becoming Chartered.
President of the Council said, this places the institute in a strong position to continue playing a leading role in ensuring that these Directors have the proper orientation and capacity development to carry out their assigned responsibilities. She noted that the institute had obtained an understanding of areas that required additional effort towards becoming ‘Chartered’. The President passed the Bill following a consultation and an interface with the National Parliament and key stakeholders, she added.
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Corruption poses a threat to Nigeria — Buhari – Buhari pledged novel approaches to funding major agencies and initiatives. – Express your point of view.
Honestly, if truly the Institute of directors(IoD) consisting members of governing council exist then MSMEs should grown beyond what we are seeing now in the country probably, corruption in some government quarters is preventing the proper functioning of this setup Institution
All the talk and talk without any action is tiring.Corruption is one of the major problem that Buhari promised to be eradicated or fight but it is very unfortunate that 7 years he is still on promising without any tangible results.
Corruption fight should always be uphold in the country. No room should be given for anyone to practice corruption regardless of who it is.
There’s no legacy or anything worthy of upholding in buhari’s administration. Such a horrible and shambolic regime.
In no way was corruption combated.
Buhari expressed his desire the new gov’t keep up his efforts at curbing corruption in the country. What difference will the incoming gov’t who is “corruption” himself make? This country is a joke!
The level of corruption in the country has prevented the country from making any positive progress despite all the effort of this Administration to combat corruption.I hope the Institute of Directors will swing into action and bring to reality the vision of the President on SMEs in the country.
Corruption as been one of our major obstacle and problem we have been face we need to eradicate it but is not going to easy this administration try to eradicate it and recover some fund from the corrupted people they did their best
Tackling of corruption in this country is important it as been a issue that we have been suffering from if we have corrupted government how will the country progress forward corruption need to be curbed soon the better
Corruption has done too many harm to us in this country and we need to find a way stop it because it will only do us further damage and that will be bad.
I find it quite absurd that the government looks to these remote organizations to show that it is making an effort and reaffirming its resolve to fight corruption in all its manifestations.
Instances of corruption inside the government are preventing the smooth operation of this system, and this is a situation that needs to be rectified as soon as possible because it is detrimental to our economy.
Corruption has eaten deep into the system of our country to the point that I do not think it can be stopped, everyone in the country is already corrupt.
We need to do everything possible to stop this corrupt practices in Nigeria. Corruption has won again in this election. It is so unfortunate.
Corruption is the order of the day in Nigeria, the fact that buhari tried and still didn’t succeed is quite amusing but I’m really hoping for the best for this country
Anti-corruption efforts must remain a national priority. No matter who they are or how influential they are, corruption of any kind has no place in society.
President Buhari administration administration has set Nigeria backward. This worse government so far. More corruption than any other government. Buhari is more corruption
Corruption seem to be embedded in every arm of the government, up to the minds of an average Nigerian. All the promises of this administration to fight corruption is totally futile. Almost no significant achievement in this government.
Corruption within the government is hindering the efficiency of this system, which is bad for the economy and must be fixed as soon as possible.
After all the promises made by Buhari during his campaign days we did not witness any significant changes in corruption rate so which path is he talking about.
corruption has permeated every level of our nation’s infrastructure, and the vast majority of its citizens have become corrupt as a result.