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New Policy – Report a Financial Crime and Get 5% of Recovered Sum

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The Nigerian government has reportedly approved a policy to pay whistle-blowers so as to encourage the reporting of crimes and other scandals.

The policy was reportedly approved on Wednesday, December 21, 2016 at the meeting of the Federal Executive Council, chaired by President Muhammadu Buhari inside the Council Chamber of the Aso Rock Villa and revealed by the minister for Finance, Mrs Kemi Adeosun after the meeting.

She mentioned that the policy is in conjunction with the office of the Attorney-General of the Federation and minister of Justice and that it would be a stop-gap initiative until the National Assembly formally passes a law on whistle-blowing.
According to her, the policy is to strengthen the fight against corruption by the Muhammadu Buhari administration.

The government would set up a website and provide a phone number and email for people while anonymity and protection of whistle-blowers would be encouraged.

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