Nigeria 2022

Overview Corruption is a major challenge for Nigeria. Transparency International’s 2021 Corruption Perceptions Index ranks Nigeria at 154 out of 180 countries, indicating high levels of perceived corruption.1 Nigeria also ranks 34th in the Tax Justice Network’s Financial Secrecy Index, with exceptional levels of secrecy.2 The Buhari government ran for office in 2015 on a Read more about Nigeria 2022[…]

The lost potential of Nigeria’s asset recovery: How to counter Nigerian murky politics in asset recovery?

This is a guest blog by Vaclav Prusa, independent researcher and asset recovery expert, and Samuel Asimi, programme officer at the Civil Society Legislative Advocacy Centre. For any inquiries, you may contact vaclavprusa@yahoo.com. To read CiFAR’s blog series about Nigerian asset recovery, see here.  In the first part of this blog we analyzed how Nigerian asset recovery effort is sabotaged by Read more about The lost potential of Nigeria’s asset recovery: How to counter Nigerian murky politics in asset recovery?[…]

The lost potential of Nigeria’s asset recovery: How is the recovery of stolen assets sabotaged by politicians?

This is a guest blog by Vaclav Prusa, independent researcher and asset recovery expert, and Samuel Asimi, programme officer at the Civil Society Legislative Advocacy Centre. For any inquiries, you may contact vaclavprusa@yahoo.com. To read CiFAR’s blog series about Nigerian asset recovery, see here.  During his recent visit to the United States for the 76th United Nations General Assembly (UNGA), Read more about The lost potential of Nigeria’s asset recovery: How is the recovery of stolen assets sabotaged by politicians?[…]

Nigeria 2020

Overview Corruption is a major challenge for Nigeria, as international corruption measurement indexes clearly show. Transparency International’s 2019 Corruption Perception Index ranks Nigeria at 146 out of the 198 countries ranked, indicating high levels of perceived corruption.1 The Basel Institute’s 2020 Anti-Money Laundering Index ranks Nigeria as 14th in the world for money laundering risk, Read more about Nigeria 2020[…]

Improving the Regulatory Framework for the Management of Recovered Assets in Nigeria

This is a guest blog by Oluwasola Omoju, PhD, a Research Fellow at the National Institute for Legislative and Democratic Studies (National Assembly) Abuja, Nigeria. For any inquiries, you may contact him at shollcy@yahoo.co.uk. Recovery of misappropriated assets is a core agenda of the administration of President Muhammadu Buhari. According to media reports, the Economic and Read more about Improving the Regulatory Framework for the Management of Recovered Assets in Nigeria[…]

The Nigeria “Cash Transfer Programme” takes off among challenges

This blog is part of a series monitoring the utilisation of Nigeria’s recovered assets and was prepared by Oluwatosin Fatoyinbo. Read Oluwatosin’s previous articles on Nigeria here. In our previous blogs, we outlined some of the issues of the Nigerian Cash Transfer Programme, planned to be funded with the $322 million of the Abacha loot Read more about The Nigeria “Cash Transfer Programme” takes off among challenges[…]

Nigeria 2018

Overview Corruption is a major challenge for Nigeria’s development, as international corruption measurement indexes clearly show.1 The current government’s efforts since 2015 in promoting anti-corruption reform - which included a widespread campaign to encourage whistleblowing, the centralisation through the Central Bank of numerous official bank accounts, the participation in the Open Government Partnership and the Read more about Nigeria 2018[…]

The Nigeria “Cash Transfer Programme” and the $322 million return: More shadows than lights?

This blog is part of a series monitoring the utilisation of Nigeria’s recovered assets and was prepared by Oluwatosin Fatoyinbo. Read Oluwatosin’s previous article on Nigeria here. As CiFAR reported, Nigerian civil society is fighting hard to make the re-use of returned assets transparent and accountable, especially since the recent return of $322 million from Read more about The Nigeria “Cash Transfer Programme” and the $322 million return: More shadows than lights?[…]

Tracking Nigeria’s Recovered Assets

This blog is part of a series monitoring the utilisation of Nigeria’s recovered assets. The series is a follow-up to our latest article on Nigeria. This blog was prepared by Oluwatosin Fatoyinbo.   The recent return of $322 million to Nigeria from Switzerland have led to new fears among citizens and reignited the debate on Read more about Tracking Nigeria’s Recovered Assets[…]

Asset recovery in Nigeria: the good and the bad

Nigeria is likely one of the most politically active countries worldwide in its efforts to recover its assets looted through corruption. The current government of Muhammadu Buhari has particularly put the fight against corruption in Nigeria and the recovery of stolen assets at the forefront of its political agenda. Over the past three years, the Read more about Asset recovery in Nigeria: the good and the bad[…]