President Muhammadu Buhari has raised alarm over diversion of government revenues by some federal agencies despite the efforts of his administration to fight corruption and theft of public funds.
Buhari, who revealed this during the swearing-in of board members of the Independent Corrupt Practices Commission (ICPC) at the state house, Abuja, on Monday, said ordinary Nigerians understand his anti-corruption policy.
“The fight against corruption is very crucial in our national development. This is why I have often said – if we do not kill corruption, corruption will kill Nigeria,” he said.
“Corruption has negatively affected our political, economic and social life. Those opposed to our fight against corruption berate us for our focus, determination and single mindedness. They pretend that they do not know what corruption is. But Nigerians know what corruption is. Ordinary people know what corruption is and they support our effort and determination to fight it.
“The abuse of public office for private gain represents corruption in its worst form. The abuse of public office for personal benefit even if no bribery occurs is also corruption. The diversion of state revenue or miss-application of budgeted funds falls into the same category.
“As I have noted in recent times, despite our anti-corruption drive, some agencies of government still divert or refuse to fully account for revenue generated. Rather than obey constitutional provisions and extant rules and regulations, such agencies continue as if nothing has changed,” he added.