NLNG Corporate Caring banner FirstGem 3rd anniversay lecture Fidelity bank card banner Emerald Energy Institute Camano banner

Transparency International queries $670m annual “security votes”

By News Express on 29/05/2018

Gmail icon

Views: 1,083


Anti-corruption group Transparency International said on Monday Nigeria’s government has in the run-up to elections expanded the use of opaque $670 million-a-year funds that fuel graft.

The funds, known as “security votes”, are a relic of military rule, mainly disbursed in hard cash and nominally released for dealing with unexpected security issues.

They come from both federal and state governments, although the vast majority is disbursed under the latter.

According to Transparency International’s report on Monday, they have become “synonymous with official corruption and abuse of power”.

The watchdog’s report comes as President Muhammadu Buhari is gearing up to run for a second term in February 2019.

A Nigerian presidency spokesman did not respond to calls and messages seeking comment about the report.

Buhari has built his administration’s policy on the twin pillars of tackling Nigeria’s endemic corruption and restoring stability to the highly insecure country. Hundreds have died this year in communal unrest in the hinterlands and the Boko Haram Islamist insurgency in the northeast.

A number of former government officials have faced criminal charges related to alleged corruption since Buhari came to power. The opposition People’s Democratic Party, in power for 16 years prior to Buhari taking office in 2015, has accused the president of focusing on its members.

“The security vote is one of the most durable forms of corruption operating in Nigeria today,” said Katherine Dixon, Transparency International’s director for defence and security, in a statement.

“Yet instead of addressing its many urgent threats, the ever-increasing use of security votes is providing corrupt officials with an easy-to-use and entirely hidden slush fund.”

The group said the spending “is not subject to legislative oversight or independent audit because of its ostensibly sensitive nature”, adding that the funds are channelled into political activities such as election campaigns or embezzled outright.

It said federal-level total spending on items identified as security votes increased by 43 percent in 2018’s budget from 2017 and included payments to a university, a museum commission and a dental technology school.

Reuters checked some of the figures included in Transparency International’s report against a draft version of the 2018 budget, which has not yet been signed into law, and confirmed payments to those recipients were planned and identified as security votes.

Most of the estimated $670 million of security votes is disbursed by state governments, with federal spending making up only $51 million, Transparency International said. State government changes in disbursement varied, according to the report’s data.

Additionally, the largest security votes each year go to security agencies, and such spending under Buhari is less than under his predecessor, Goodluck Jonathan, the report acknowledged.

“Today, security votes are budgetary black boxes that are ripe for abuse by politicians seeking reelection or officials looking to run for political office,” Transparency International said. (Reuters)

Source News Express

Posted 29/05/2018 12:46:47 PM

 

 

CLASSIFIED ADS

 

You may also like...
Five killed as police rescue four kidnap victims...

Air Force Alpha Jets hit more Boko Haram...

Lagos set to host Tech+, Nigeria’s first technology...

NPA MD, Hadiza Bala Usman, dismisses Sahara Reporters’...

Breaking News: NZERIBE IS DEAD

Obasanjo tasks FG on health policy for albinos...

Experts say commercial viability should determine establishment of...

2013 AFCON semi-finals: IT’S NIGERIA vs MALI, GHANA...

AbdulRazaq urges support for reforms, paradigm shift in...

Foundation moves to revive the music of legendary...

Observer group alleges diversion of voting materials to...

Microsoft catches up with Apple

 

Latest News Kidnappers abduct Police DPO, demand N50m ransom Varsity student in viral sex video expelled Kogi West: Melaye storms INEC office with 21 video clips; demands cancellation Teenager in court for allegedly kidnapping minor Sex position, duration don’t determine child’s gender - Expert Controversial oil deal: Adoke's lawyer confirms arrest in Dubai Police recruitment: Court fixes date to give verdict on PSC suit Illegal refineries discovered in Kano Many injured as NURTW, RTEAN clash in Lagos Suspected Boko Haram fighters burn down health centre in Yobe Five policemen collected N700,000 from me via POS - Victim Seven men of Nigerian origin arrested for romance scam in US

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (564,058 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,892 views) Shameless Genevieve Nnaji exposes breasts in public (402,169 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (336,668 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (304,218 views) 10 cars more expensive than Jets (282,688 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (259,244 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (257,469 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,997 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (225,405 views) Lagos plane crash: Journalist releases victims’ names (201,815 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,465 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (110) Business & Economy (4,579) Business Verdict (87) Columnists (1,145) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (706) Features (845) Global Business Monitor (493) ICT Monitor (68) International (4,224) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (490) News (54,190) Opinion (1,422) Pidgin (17) Politics (11,778) Religion (1,122) Sports (2,229) Stock Watch (40) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera