President Goodluck Jonathan on Monday again
admitted that corruption was currently pervading
the nation's system.

He however said the reports of the menace were
being exaggerated. Jonathan spoke at the presidential power reform transactions signing ceremony held at the Banquet Hall of the Presidential Villa, Abuja, barely three days after the United States government indicted the Federal Government of massive and widespread
corruption.

According to the US Department of State's report, government officials and agencies frequently engaged in corrupt practices with impunity.

This was contained in the Bureau of Democracy,
Human Rights and Labour Country Reports on Human Rights Practices for 2012, which was released on Friday.

In the report, the judiciary and security agencies,
especially the police, were said to be lacking in
transparency.

But Jonathan insisted that although there were
cases of corruption in the country, the menace was
being "over-amplified."

The President said, "Let me continue to assure
Nigerians that yes, there are issues of corruption
in this country but somehow it has been over
amplified. "People should watch how we have been conducting government business. We have been bringing down the issues of corruption gradually.

"If you look at the fertiliser sector, you will agree with me that if government actors are interested, we would have continued the same story of buying all kinds of things, awarding all kinds of contracts in the name of fertiliser. But we are not doing that, we have sanitised that sector.

"Look at the power sector, when we started
initially there were stories in the papers but at
the end, even when I was in the US, companies from
there that participated said publicly that the
process was transparent and issues of corruption
was not there.

"At least, today we have also heard directly, that
the process was transparent and that there were
no issues of manipulations or corruptions."
Jonathan said his administration was committed to
ensuring that the right things were done in the
interest of the country.

"I plead with Nigerians that the country belongs to all of us and we will all protect what belongs to us, what belongs to our children and what belongs to the generation yet unborn. We are committed to doing our best for this country God willing, we will
succeed," he said.

On the signing of the power transactions, the
President told Nigerians that his government cared
for them and that he would not rest until he fixed
the nation's power sector.

There he goes again. King of the retardeens.

Otedola and the Cap banking legislator, Fayose and poultry farm scam, Police Pension scam dragging on, Bankole corruption charge lingering, Igbinedion still enjoying his loots, Akingbola Intercontinental Bank fraud case stucked, Babalakin money laudering still on, Subsidy scam operators yet to be resolved after a year, Alams a convicted thief getting a state pardon..please add your own. We could come up with 300 of these.

Here we go again with another ludicrous official denial that sounds as sincere as saying Boko Haram exist to help old ladies across the road. Pure garbage.

lookmangiw: There he goes again. King of the retardeens.

be civil, young man..must you insult him