The federal government has paid a total of N375.8 million to 20 whistleblowers, who facilitated the recovery of N11.6 billion.
According to a statement signed by Salisu Dambatta, director of press at the ministry of finance, the government said it received 2,150 communications and 337 tips through its dedicated channels from many patriotic Nigerians.
“The Federal Ministry of Finance has confirmed release of N375.8M to the first batch of 20 providers of information under the Whistleblower Policy. The payment, of various amounts totaling N375,875,000, relate to the recovery of N11,635,000,000,” the statement read.
Kemi Adeosun, minister of finance said is the first under the policy, which she regarded as essential in the fight against corruption.
“This payment, which is the first under the Whistleblower Policy, underscores the commitment of the President Muhmmadu Buhari-led administration in meeting obligations to information providers under the Whistleblower Policy. The policy is an essential tool in the fight against corruption,” Adeosun said.
She further disclosed recent amendments to the Whistleblower policy which includes the introduction of a formal legal agreement between information providers and the federal government, which is executed by the minister of justice and attorney-general of the federation.
Procedures have also been introduced to ensure the protection of the identity of information providers during the payment process.
The Minister explained that all payments are taxable and are only made upon confirmation of the final recovery of assets as confirmed by the Attorney-General of the Federation as being free of legal disputes or litigation.
According to a statement signed by Salisu Dambatta, director of press at the ministry of finance, the government said it received 2,150 communications and 337 tips through its dedicated channels from many patriotic Nigerians.
“The Federal Ministry of Finance has confirmed release of N375.8M to the first batch of 20 providers of information under the Whistleblower Policy. The payment, of various amounts totaling N375,875,000, relate to the recovery of N11,635,000,000,” the statement read.
Kemi Adeosun, minister of finance said is the first under the policy, which she regarded as essential in the fight against corruption.
“This payment, which is the first under the Whistleblower Policy, underscores the commitment of the President Muhmmadu Buhari-led administration in meeting obligations to information providers under the Whistleblower Policy. The policy is an essential tool in the fight against corruption,” Adeosun said.
She further disclosed recent amendments to the Whistleblower policy which includes the introduction of a formal legal agreement between information providers and the federal government, which is executed by the minister of justice and attorney-general of the federation.
Procedures have also been introduced to ensure the protection of the identity of information providers during the payment process.
The Minister explained that all payments are taxable and are only made upon confirmation of the final recovery of assets as confirmed by the Attorney-General of the Federation as being free of legal disputes or litigation.