Nigeria Government Fighting Corporate Corruption

VOA

29 June 2011

Nigeria Government Fighting Corporate Corruption

Goodluck Jonathan says fighting corruption is one of the driving goals of his new administration.

President Jonathan says the fight against corruption "must enlist the overwhelming force of Nigeria's collective determination" to ensure that the country's limited resources are best used for the common good.

As the president assembles his new cabinet, Nigeria's Securities and Exchange Commission is working with business leaders to enforce a revised Code of Corporate Governance to curb corruption and make Nigerian firms more competitive.

The commission's director general, Arunma Otteh, says that will attract more outside investment. "We believe that it is important from the individual company point of view, from a competitiveness point of view to be able to attract investors both local and international.