The Independent Corrupt Practices and Other Related Offences Commission says limited funding is responsible for the agency’s inability to effectively fight corruption at the nation’s ports.
Yet, the anti-graft agency in a statement on its official Facebook page reiterated its commitment to tackling corruption at the Nigerian ports.
The ICPC Chairman, Professor Bolaji Owasanoye, disclosed this when the Executive Secretary and Chief Executive Officer of the Nigerian Shippers Council, Emmanuel Jime, paid him a courtesy visit at the commission’s head office recently.
Owasanoye stated that while Nigeria could realize and sustain a robust economy, its biggest challenge was the inability to block economic leakages.
He explained that the nation’s economy was bleeding from the high level of corruption and corrupt activities taking place in the ports.
This situation, according to him, had led to reputational damage to the country, as foreign investors no longer have an interest in investing in the country with many moving their investment to neighboring countries.
Owasanoye further pledged the continued support of the commission in fighting corruption at the ports through the joint efforts of the Ports Standing Task Team.
