Can Whistle-blowing Policy Promote the Nigerian Economy? A Review
Lucky Orlu *
Department of Economics, Rivers State University, Port Harcourt, Nigeria.
Araniyar C. Isukul
Department of Economics, Rivers State University, Port Harcourt, Nigeria.
Williams Odiche
Department of Finance and Banking, University of Port Harcourt, Choba, Nigeria.
*Author to whom correspondence should be addressed.
Abstract
Whistleblowing policy was introduced as a means to receive complaints of diverted funds meant for economic development or nation-building into a private purse unlawfully. It is a Federal Government policy in Nigeria to fight against corruption for the recovery of unlawful sum of money from individuals and public officers. The Government strengthened and motivated the policy by rewarding any genuine whistleblower. The study was carried out to assessed the compliance level based on sum of money recovered, and the effect on the Nigerian economy. In carrying this study, it was revealed that there is a relationship between whistleblowing and the economy of Nigeria. Further, the government assurance of whistleblowers showed a confidentiality subject to accuracy of the information been revealed on the portal.
Keywords: Colchiploidy, Whistle-blowing, Breeding Vigna, economy, policy, EFCC, ICPC, Nigeria.
How to Cite
Downloads
References
Ayamba IA. Whistleblowing in a depraved Nigerian Economy: Challenges and Prospects. International Journal of Social Science Studies. 2019;7(2):1-11.
Adeyemo F. Whistle-Blowing: The position of Nigerian Legislation in Banking. Journal of Law, Policy and Globalization. 2015;41:143-146.
Anya S, Iwanger G. The role of whistle blowing policy as an anti-corruption tool in Nigeria. Journal of Law and Criminal Justice. 2019;7(1):35-50.
Edih UO. Economic gains of whistle-blowing policy in Nigeria: Prospects and Challenges. International Journal of International relations, Media and Mass Communication Studies. 2020;6(2): 1-13.
Igoni S, Onwumere JUJ, Ogiri IH. The Nigerian digital finance environment and its economic growth: pain or gain. Asian Journal of Economics, Finance and Management. 2020;2(2):1-10.
FMF. Whistleblowers policy in Nigeria. Nigeria, by Federal Ministry of Finance on Vanguard Newspaper; 2017.
Transcorp. Group Whistleblowing policy. Nigeria, Published Online. Whistleblowers Protection Act in the United States. By Wikipedia; the Free Encyclopedia; 2014.
CBN. Whistleblowing in the Nigerian Banking Industry, Nigeria, Central Bank of Nigeria Guideline in the Internet; 2012.
Olusegun Obasanjo. National broadcast on 55 Bride Scandal, Nigeria, by Vanguard Newspaper; 2005.
Evans AJ. Dealing with dissert whistleblowing equality, cirianism and Republic of the firm. Published online; 2008.
Ibrahim Sule. Whistleblowers protection legislation: In search for model for Nigeria. Nigeria, Published online; 2017.