Nigerian Senate Passes Whistleblower Protection Bill Into Law

The Nigerian Senate on Wednesday passed another anti-corruption bill: ‘the whistle blower protection bill,’ after its third reading at plenary.

Nigeria's Whistle Blowing Policy: Urgent Case For Protection of Whistle Blowers

It is certainly a season of mind-boggling cash hauls in Nigeria. Thanks to a Whistle Blower, the Economic and Financial Crimes Commission, EFCC, recently unraveled a staggering $43.4 million (about N14 billion) warehoused inside the infamous ‘’Apartment 7B’’ at Osborne Towers, Ikoyi, Lagos. Prior to the #IkoyiGate cash haul, the EFCC also uncovered bundles of naira notes totaling about N450 Million inside ‘Ghana-must-go’ bags at shop LS64 Legico Plaza, Nigerian Air force Camp, Victoria Island, Lagos State. A whopping $9.8 million (about N3 billion) was also recovered from the former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew Laah Yakubu, on February 3, 2017; while N250 million was hauled from the popular Balogun Market, also in Lagos. Not forgetting the N49 million cash that was reclaimed by the EFCC at the Kaduna Airport a while ago. The federal government also submits that $151 million (N46 billion) was seized from a fake account in an unnamed commercial bank. All in all the Nigerian government brags that thanks to the whistleblowing policy, at the conservative parallel market rate of N306 to the US dollar, the least value of the humongous cash so far confiscated amounts to N73 billion in the last four months (December 22, 2016 to April 2017).