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."

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