Waivers Induce Corruption, Adeosun Says - Politics

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Waivers Induce Corruption, Adeosun Says - Politics - Nairaland

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Waivers Induce Corruption, Adeosun Says by zakim(m): 4:44am On Dec 12, 2016

The Minister of Finance, Mrs Kemi Adeosun, has said waiver of tax and charges granted by the government to some companies induce corruption in Nigeria.

The minister also said Nigeria’s current economic mess was largely caused by corruption.

Speaking at a national conference on corruption in Abuja at the weekend, Adeosun, who defined corruption as “abuse of entrusted power for private gain”, added that corruption was inimical to national development.

The minister who was represented by Mrs Patience Oniha, Head Efficiency Unit of the ministry also said many Nigerians had accepted corruption as a way of life.

She said “waivers and allocations unintentionally induced corruption.”

Adeosun further said poor record systems, weak judicial systems and weak internal audit also contributed to corruption in the country.

Weak anti-corruption institutions and non-enforcement of sanctions or punishment on officials accused of corruption and pervading poverty are fuelling corruption in Nigeria, she added.

In May 2015, the Senate reportedly uncovered a N447 billion waiver fraud that involved big local firms importing rice, sugar and other products. The fraud was allegedly done through import duty waivers, concessions and grants by agencies of the Federal Government. The report then recommended that some firms who imported rice with the waivers and grant remit over N23billion, while others for sugar imports were to remit over N48billion.

Read more at http://www.dailytrust.com.ng/news/business/waivers-induce-corruption-adeosun-says/175595.html#2u6mhzfBciJy5owu.99

2 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by Abeymills(m): 5:41am On Dec 12, 2016

See dis mumu u are sick in d brain like ur boss mumudu bubuhari

12 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by mrhipup(m): 5:43am On Dec 12, 2016

Hmmm....

Re: Waivers Induce Corruption, Adeosun Says by sarrki(m): 5:45am On Dec 12, 2016

Abeymills:
See dis mumu u are sick in d brain like ur boss mumudu bubuhari

When a chamber is blocked

There won't be a free flow of water and waste to the soak away

26 Likes 3 Shares

Re: Waivers Induce Corruption, Adeosun Says by Atiku2019: 6:04am On Dec 12, 2016

The minister also said Nigeria’s current economic mess was largely caused by corruption.

grin

Madam Adeosun we are all tired of your blame games cry

20 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by luvinhubby(m): 6:39am On Dec 12, 2016

This is the most stupid individual that occupied the office of the minister of Finance in the history of Nigeria.

Every growing economy needs import waivers for critical sectors that will stimulate growth and create employment.

If corruption is why we are in the mess we are in today, why is the whole economy worse off now that you are fighting corruption than it was when corruption "reigned" ?

Bunch of incompetent hypocrites.

31 Likes 3 Shares

Re: Waivers Induce Corruption, Adeosun Says by effty(m): 6:42am On Dec 12, 2016

We know that for abt 2 years. You bastardss should act fast.

6 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by greatgod2012(f): 6:49am On Dec 12, 2016

luvinhubby:
This is the most stupid individual that occupied the office of the minister of Finance in the history of Nigeria.

Every growing economy needs import waivers for critical sectors that will stimulate growth and create employment.

If corruption is why we are in the mess we are in today, why is the whole economy worse off now that you fighting corruption than it was when corruption "reigned" ?

Bunch of incompetent hypocrites.

Very incompetent indeed!
It's out of their incompetence that made them to take solace in blame games. It's only this administration that keeps blaming their predecessor as if other past leaders before GEJ was not corrupt. These people need to be reminded that they were not voted for to come and blame their predecessor but to help fix the country. That's what leaders do.

22 Likes 3 Shares

Re: Waivers Induce Corruption, Adeosun Says by sarrki(m): 6:51am On Dec 12, 2016

luvinhubby:
This is the most stupid individual that occupied the office of the minister of Finance in the history of Nigeria.

Every growing economy needs import waivers for critical sectors that will stimulate growth and create employment.

If corruption is why we are in the mess we are in today, why is the whole economy worse off now that you fighting corruption than it was when corruption "reigned" ?

Bunch of incompetent hypocrites.

Chai the thing pain am

7 Likes

Re: Waivers Induce Corruption, Adeosun Says by Caseless: 7:06am On Dec 12, 2016

True!

Re: Waivers Induce Corruption, Adeosun Says by Stalwert: 7:10am On Dec 12, 2016

Lovers of corruption will not hear word

3 Likes

Re: Waivers Induce Corruption, Adeosun Says by BoleynDynaSTY(f): 7:25am On Dec 12, 2016

So how do we fix it? At least you know the cause of corruption now. Fault has been detected, what's the measures to fix it naw?

8 Likes

Re: Waivers Induce Corruption, Adeosun Says by Mujaheeeden: 7:39am On Dec 12, 2016

Madam incompetent i dey greet oo

6 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by porshuch: 7:46am On Dec 12, 2016

So dangote has been chopping govt money, because d kind waiver he gets is so ridiculous.

More staff will be sacked

2 Likes

Re: Waivers Induce Corruption, Adeosun Says by stinggy(m): 8:29am On Dec 12, 2016

She's not totally wrong. In Nigeria, waivers are gotten by knowing someone somewhere.

Even if you don't merit it, you'll be granted waiver if you're willing to grease their palms (Ministry of Ind, Trade & Inv and few Senators) which makes the original aim of granting waivers defeated and unavailable to the budding entrepreneurs.

Instead of scrapping it totally sha, they should make the process thorough and weed off those erroneously benefitting from the scheme.

9 Likes

Re: Waivers Induce Corruption, Adeosun Says by veekid(m): 10:33am On Dec 12, 2016

Olodo; na to speak phonetics she sabi

1 Like 1 Share

Re: Waivers Induce Corruption, Adeosun Says by celestialAgent(m): 10:34am On Dec 12, 2016

Seriously, I'm hungry, I need a snake head..

1 Like

Re: Waivers Induce Corruption, Adeosun Says by Nobody: 10:34am On Dec 12, 2016

Re: Waivers Induce Corruption, Adeosun Says by legendte(m): 10:34am On Dec 12, 2016

Re: Waivers Induce Corruption, Adeosun Says by UuzbaGuuzba: 10:35am On Dec 12, 2016

This woman keeps reminding me of this man. They must be related some how.

4 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by Mayflowa(m): 10:36am On Dec 12, 2016

Abeymills:
See dis mumu u are sick in d brain like ur boss mumudu bubuhari

Is this insult on what she thinks or just attack on her person? In my opinion, she made sense.

6 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by prince985(m): 10:37am On Dec 12, 2016

nigeria is bleeped

Re: Waivers Induce Corruption, Adeosun Says by Nobody: 10:37am On Dec 12, 2016

Hmmm

Re: Waivers Induce Corruption, Adeosun Says by jaymes1(m): 10:37am On Dec 12, 2016

Corrupt people everywhere grin

Re: Waivers Induce Corruption, Adeosun Says by Mayflowa(m): 10:38am On Dec 12, 2016

luvinhubby:
This is the most stupid individual that occupied the office of the minister of Finance in the history of Nigeria.

Every growing economy needs import waivers for critical sectors that will stimulate growth and create employment.

If corruption is why we are in the mess we are in today, why is the whole economy worse off now that you fighting corruption than it was when corruption "reigned" ?

Bunch of incompetent hypocrites.

Is rice and sugar critical industries? That made it hard to develop home grown rice and sugarcane which ordinary shouldn't be hard

3 Likes

Re: Waivers Induce Corruption, Adeosun Says by Nobody: 10:38am On Dec 12, 2016

In May 2015, the Senate reportedly uncovered a N447 billion waiver fraud that involved big local firms importing rice, sugar and other products. The fraud was allegedly done through import duty waivers, concessions and grants by agencies of the Federal Government.

And all these happened under the watch of a certain PhD holder and the so-called Harvard graduate as Coordinating Minister of Finance and Economy.

9 Likes 1 Share

Re: Waivers Induce Corruption, Adeosun Says by Firefire(m): 10:39am On Dec 12, 2016

Sister Kemi, then phight the kworuption.

4 Likes 2 Shares

Re: Waivers Induce Corruption, Adeosun Says by seunlayi(m): 10:39am On Dec 12, 2016

.....to help those that has become saints ie APC Favorites grin

Re: Waivers Induce Corruption, Adeosun Says by chuose2: 10:39am On Dec 12, 2016

Madam the greatest corruption known to man, is you being the finance minister.
Since you enter na so-so hunger.

Common maths 16 + 6 you no sabi angry

https://www.youtube.com/watch?v=lQq3BQzkzHE

3 Likes

Re: Waivers Induce Corruption, Adeosun Says by joespiceman(m): 10:39am On Dec 12, 2016

He has said his own finish

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