ASSESSMENT OF THE WHISTLEBLOWER POLICY OF THE FEDERAL GOVERNMENT OF NIGERIA: ISSUES, SOLUTIONS, AND BENEFITS


ASSESSMENT OF THE WHISTLEBLOWER POLICY OF THE FEDERAL GOVERNMENT OF NIGERIA: ISSUES, SOLUTIONS, AND BENEFITS

INTRODUCTION

The evolution of the whistle blowing policy of the federal government came as a result of the deepening financial crises confronting the nation which is the effect of the high level of corruption reflected in in the theft and diversion of public funds for personal enrichment at the detriment of the poor and vunerable and the economic state of the nation. A definition offered by the World Bank views corruption as the abuse of public office for private gain. While agbu (2003) describe it as the theft of state Asset or Diversion of State resources for private use. Aluko  proffered   nine forms of corruption  which include Fraud , Embezzlement , Favouritism  ,Nepotism,   Political corruption (grand) , Bureaucratic corruption (petty) , Electoral corruption , Bribery  , (Aluko, 2009:5)  .The consequencies of Corruption exact  a  lot of negative impact on every aspect of  the nations development: social, economic and political (Igbuzor, 2008).According to  Ikubaje (2004) The effect of corruption  has raised a global concern  because of  its effect on individual, institutions, and nations (Igbuzor, 2008).The Lima Declaration, states  the impacts of corruption to  include: the subversion of the rule of law, retardation of development, economic rights of the poor and vulnerable, destruction of the of the moral life of the people  , violation of the social and undermining of democracy, and denial of society, particularly the poor, denial of the benefits of free and open competition (Igbuzor, 2008). 

CHAPTER 1

1.1 Background To The Study

The whistleblowing policy was instituted the federal ministry of finance and approved by the federal government to facilitate the divulsion of information regarding the violation of financial regulations, misappropriation of public funds and assets, theft of public funds, financial malpractice, and fraud .Consequently an on-line portal was created to enhance the disclosure of information regarding the mismanagement of public funds and assets, financial malpractice ,fraud , theft , violation of financial regulations, in the  best interest of the public .

 According to Mrs. Kemi Adeosun the Nigerian federal minister of finance, the basic objective of the policy is to facilitate the fight for the eradication of financial crimes and corruption, through the exposure of such financial crimes and the provision of rewards to whistle-blowers.

Consequently the policy offers protection to whistle-blowers which covers them from harassment or intimidation by their employers or bosses. The benefit of the policy is believed will increase transparency and accountability in the management of public funds and the recovery of looted public fund for the deployment of infrastructural development. This will enhance a corruption-free society and the attraction of   foreign investor’s .Niyi Akinnaso’s (2016). Therefore the research seek to proffer an Assessment of the Whistle Blower policy of the Federal Government of Nigeria: Issues, solutions and Benefits

1.2 Statement of the Problem

Nigerias as long being confronted with the issue of corruption which  has eluded the nation of great resources that would have been used for developing infrastructure and the improvement of the living standard of the people. A definition offered by the World Bank views corruption as the abuse of public office for private gain. While agbu (2003) describe it as the theft of state Asset or Diversion of State resources for private use. Aluko  proffered   nine forms of corruption  which include Fraud , Embezzlement , Favoritism  ,Nepotism,   Political corruption (grand) , Bureaucratic corruption (petty) , Electoral corruption , Bribery  , (Aluko, 2009:5)The devasting effect of this menace has deepened the Nigerian economy into a state of financial crisises. Consequently as a measure to recover looted funds and illicit gotten wealth from government officials, the Nigerian federal government enacted the wistle blowing policy. According to Mrs. Kemi Adeosun the Nigerian federal minister of finance, the basic objective of the policy is to facilitate the fight for the eradication of financial crimes and corruption, through the exposure of such financial crimes and the provision of rewards to whistle-blowers. Consequently the policy offers protection to whistle-blowers which covers them from harassment or intimidation by their employers or bosses. The benefit of the policy is believed will increase transparency and accountability in the management of public funds and the recovery of looted public fund for the deployment of infrastructural development. Which will enhance a corruption-free society and the attraction of   foreign investors? Therefore the problem confronting the research is to appraise the Assessment of the Whistle Blower policy of the Federal Government of Nigeria: Issues, solutions and Benefits

1.3 Objectives of the Study

To determine the whistle blowing policy and it significance. To determine the impact of the whistle blowing policy on the corruption level in Nigeria. To examine the challenges of the whistle blowing policy in Nigeria.

1.4 Research Questions

What is the meaning of the Whistle blowing policy? What is the significance of the whistle blowing policy? What is the impact of the whitles blowing policy on the level of corruption in Nigeria? What are the challenges of the whistle blowing policy in Nigeria?

1.5 Significance of the Study

The study shall proffer a detail appraisal of the whitles blowing policy and elucidate on its significance.

The study shall determine the impact of the whitles blowing policy on the level of corruption on the Nigerian Economy

1.6 Research Hypothesis

Ho The impact of the whitles blowing policy on the Corruption level in Nigeria is Low

Hi The impact of the whitles blowing policy on the Corruption level in Nigeria is high

1.7 Scope of the Study

The study proffers an Assessment of the Whistle Blower policy of the Federal Government of Nigeria: Issues, solutions and Benefits

1.8 Limitations of the Study

The issue of geographical factor and logistics were some of the limitations confronting the research

1.9 Definition of Terms

WHITLE BLOWER DEFINED

A whistleblower is regarded as a person who offers information of a possible misconduct of misappropriation of public funds, theft of state assest or diversion of state resources for private aggrandizement in the best interest of the public. 

CORRUPTION DEFINED

According to the World Bank corruption is defined as the abuse of public office for private gains. The theft of state assets, or the diversion of state resources (in Agbu, 2003:3).     

REFERENCES

Agbu, Osita (2003) “Corruption and Human Trafficking: The Nigerian Case” in West Africa Review 4(1)1-13.      

Aluko, Yetunde A. (2009) “Corruption in Nigeria: Concepts and Dimension” in Enweremadu David U. and Okafor, Emeka E. (eds.) Anti-Corruption Reforms in Nigeria Since 1999: Issues, Challenges and the Way Forward. IFRA Special Research Issue Volume 3, 1-8.

Igbuzor, Otive (2008) Strategies for Winning the Anti-Corruption War in Nigeria Abuja: Action Aid

JOURNALS

Niyi Akinnaso’s (2016) Nigeria’s whistles- blower policy. Article in the Punch news paper

.


TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.COM

Researchwap.com is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.com guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.com is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.com" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.