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Exposing 'Rot' at Nigeria's Regulatory Agencies

The Cost of Compliance Report by the global auditing firm, PwC, on regulatory agencies, has been reviewed by Vice President Yemi Osinbajo and senior officials of the Nigerian government. The report has revealed persistent corruption, duplicity of functions, poor service orientation, writes Ayodeji Adegboyega for Premium Times. Speaking further about holding those responsible for the major lapses to account, the vice president said: "I am in full support of holding our CEOs to account because they, in turn, must hold their staff to account. If there is systemic corruption, bribery and extortion, and nobody is held to account, there is a problem."

Nigeria: Survey Reveals Corruption, Inefficiency in Regulatory Agencies

Premium Times, 20 January 2021

Mr Osinbajo directed that CEOs and heads of such government regulatory agencies involved should be presented with the outcomes and interaction should take place regarding some of… Read more »
Nigeria: Presidency Uncovers Fraud, Poor Service Delivery in Regulatory Agencies

Leadership, 21 January 2021

The Presidency yesterday said it has uncovered fraud and poor services in some of its regulatory agencies. Read more »
Nigeria: Investigation - How Non-Existent Company Was Awarded Multi-Billion Naira Railway Contract

Premium Times, 17 October 2020

Eser Contracting and industry Company Incorporated was unregistered but was awarded a N19.2 billion railway rehabilitation contract in violation of public procurement regulations. Read more »
Nigeria: Electricity Regulatory Agency's Officials Share Billions As Perks

Premium Times, 20 December 2020

Since its establishment, the electricity regulator, NERC, has been mired in financial scandals. Read more »
Nigeria: Govt Orders NERC to Suspend Electricity Tariff Hike

Leadership, 8 January 2021

The federal government yesterday directed the Nigerian Electricity Regulatory Commission (NERC) to suspend the tariff hike it approved recently. Read more »
Nigeria: Labour, OPS, Others Howl As Govt Raises Electricity Tariff

Vanguard, 6 January 2021

The polity was awash with a howl of protests yesterday by major stakeholder organizations as the National Electricity Regulatory Commission, NERC, approved an upward hike in… Read more »
Nigeria: Setting Standards for Telecoms Regulation in 2021

This Day, 14 January 2021

Emma Okonji writes on the new standard set by the Nigerian Communications Commission for 2021 Regulation in any sector of the Nigerian economy has always been a tussle between the… Read more »
Nigeria: Survey Rates NAFDAC High On Efficient Service Delivery

This Day, 30 November 2020

A recent research titled, 'Transactional Accountability, Process Consistency and Operational Transparency- A Report on NAFDAC,' has adjudged the National Agency for Food and Drug… Read more »
Nigeria: Eradicating Sleaze in Nigeria's Maritime Sector

This Day, 20 November 2020

Eromosele Abiodun writes on the need for the federal government to empower key agencies in the maritime sector to maintain effective oversight on all officials and officers to… Read more »
Nigeria: Local Content - NCDMB to Sanction Defaulting Companies, Stakeholders

This Day, 18 November 2020

The Nigerian Content Development and Monitoring Board (NCDMB), has reclassified the categories of sanctions to be meted out to defaulting operators and companies who fail to comply… Read more »
Nigeria: Nigeria - 60 Years of Failing On Expectations

This Day, 1 October 2020

At 60, Nigeria appears to have failed more than it has really succeeded, writes Read more »