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In order for Nigeria to lift millions of its citizens from poverty, we need to first of all improve the quality of governance. This blog discusses ways to ‘Step Up’ governance in Nigeria such as reducing corruption, promoting transparency and accountability in the provision of public services and strengthening citizen’s demand for an improvement in public service delivery.

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Thursday 26 April 2018

Unexplained Wealth in Nigeria: the need for action by all Nigerians




Emmanuel Okoro (not his real name) is a Nigerian Public Servant who has just bought a mansion in highbrow suburb of Maitama in Abuja. His family and friends congratulate him, ‘He has arrived’, they say, referencing the great luck that has fallen upon him - “We thank God oh!”

Most of those patting Emmanuel on the back fail to ask a fundamental question: How could he afford it? Can he afford this property on his current income? Some go further to explain his source of wealth by boldly saying ‘it’s not just his salary, he is into ‘contracts’’, as if that made the money legitimate. The acceptance of unexplained wealth is one of the reasons that corruption thrives in Nigeria. When people engage in corrupt activities, they are celebrated and not ‘booed’ or punished.

In many cases ‘unexplained wealth’ is created through the corruption which is hobbling the essential public services needed by Nigerians. Corruption in the award of public contracts is one area where a number of corrupt public officials become wealthy. Billions of naira are spent on various capital projects (roads, hospital buildings etc) yet many of these projects are never completed. Whilst the poor in rural communities in Nigeria find it hard to access basic public services like health care, the public servants and politicians responsible for making this happen get richer.

On the 31st of January of 2018, the UK government introduced the Unexplained Wealth Order (UWO) which is an investigative tool that aims to interrogate the source of wealth of property owners in the UK and will aid in the recovery of corrupt assets particularly when politically exposed persons (PEPS) or individuals with luxurious properties cannot justify the source of their wealth. This act will help Nigeria to recover corrupt assets and end the impunity of some of our officials. However it would be much more impactful if our own asset declaration law was properly implemented, instead of what is currently experienced where a large number of public officials do not declare their assets. Even in cases where some declare their assets at the beginning of their tenure, they hardly declare their assets when leaving public office.

Beyond having a policy or an executive order in place, there needs to be a change in behaviour amongst Nigerian generally. We need to start asking questions when we see our family friends or family members that have suddenly acquired luxurious properties or cars which is apparently above their legal income. Pastors and priests in churches need to stop collecting thanksgiving donations from church members who they know have been corrupt.

Nigerians cannot continue to allow these practices. We need to start asking questions. We need to stop tolerating and celebrating unexplained wealth.


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