There is no doubt that the Nigerian economy is in a deep mess with regular fluctuations of the Naira against other top world currencies especially the dollar.
This condition has made the cost of things extremely high and people are left impoverished. The funny thing about this condition is that every day in the news, we hear stories of recovered funds in millions of dollars and naira. This condition has left people thinking of the best way to survive.
Recently, the Federal Ministry of Finance under the Buhari administration rolled out a policy known as the “whistleblower” policy which is aimed at fighting corruption.
In this article, we will look at this policy and the potential it has as a sure way to make cool money in Nigeria.
This policy according to the finance ministry was developed to encourage Nigerians with useful information about any violation of financial regulations, mismanagement of public funds, fraud and theft to report it.
In clearer terms, it was designed to encourage anybody that has information about any public fund mismanagement, theft, etc. to report to the federal government.
As a whistleblower, you are entitled to between 2.5% and 5% of the money recovered from the information you provided. Isn’t that great? Imagine you gave information that led to the recovery of $1.2 billion, which means you are sure of getting not less than $30 million! Isn’t that a lot of money? Check it out!
In my view, you can create a research team with some smart fellows and carryout thorough investigations on politicians that you suspect has eaten enough of public funds. The investigation could actually be in any form; disguise included.
Also, you can work alone and leverage on the internet to make smart researches, and once you have your facts and other vital information, you can proceed to submission and then await your pay.
According to the policy, you can provide relevant information that has not been known before on any of these; theft, financial malpractice or fraud, concealed and stolen public funds, mismanagement of public funds and assets, splitting of contracts, conversion of funds for personal use, diversion of funds, corruption, collecting or giving bribe, procurement frauds, fraudulent or unapproved payments, etc.
The information should contain details like who is involved, when it occurred, some clear evidences, where it occurred, and any other relevant details that can help get the culprit.
You can submit your information online on the website provided by the federal ministry of finance for that. www.whistle.finance.gov.ng . You can also write to the Federal Ministry of Finance, Presidential Initiative on Continuous Audit Unit or just by calling this number 09098067946.
How am I sure my life is protected?
The policy was made in such a way that your identity is protected to the core which means your submission won’t be revealed to anyone. You could also choose to submit your information anonymously.
Over to you:
Having stated this sure way of making cool money in Nigeria, the ball is in your court to take action. But I strictly advise that you should ensure that the information provided is relevant and also, you should provide such information in good spirit as a Nigerian to help in the fight against corruption.
Nigeria will be great again! That’s my belief and we all can make it great again by being vigilant and join the fight against corruption.
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This condition has made the cost of things extremely high and people are left impoverished. The funny thing about this condition is that every day in the news, we hear stories of recovered funds in millions of dollars and naira. This condition has left people thinking of the best way to survive.
Recently, the Federal Ministry of Finance under the Buhari administration rolled out a policy known as the “whistleblower” policy which is aimed at fighting corruption.
In this article, we will look at this policy and the potential it has as a sure way to make cool money in Nigeria.
What actually is this whistleblowing program?
This policy according to the finance ministry was developed to encourage Nigerians with useful information about any violation of financial regulations, mismanagement of public funds, fraud and theft to report it.
In clearer terms, it was designed to encourage anybody that has information about any public fund mismanagement, theft, etc. to report to the federal government.
How then can someone make money from this program?
As a whistleblower, you are entitled to between 2.5% and 5% of the money recovered from the information you provided. Isn’t that great? Imagine you gave information that led to the recovery of $1.2 billion, which means you are sure of getting not less than $30 million! Isn’t that a lot of money? Check it out!
So how best can I cue into this plan?
In my view, you can create a research team with some smart fellows and carryout thorough investigations on politicians that you suspect has eaten enough of public funds. The investigation could actually be in any form; disguise included.
Also, you can work alone and leverage on the internet to make smart researches, and once you have your facts and other vital information, you can proceed to submission and then await your pay.
What type of information can I provide?
According to the policy, you can provide relevant information that has not been known before on any of these; theft, financial malpractice or fraud, concealed and stolen public funds, mismanagement of public funds and assets, splitting of contracts, conversion of funds for personal use, diversion of funds, corruption, collecting or giving bribe, procurement frauds, fraudulent or unapproved payments, etc.
The information should contain details like who is involved, when it occurred, some clear evidences, where it occurred, and any other relevant details that can help get the culprit.
Where and how do I submit my information?
You can submit your information online on the website provided by the federal ministry of finance for that. www.whistle.finance.gov.ng . You can also write to the Federal Ministry of Finance, Presidential Initiative on Continuous Audit Unit or just by calling this number 09098067946.
How am I sure my life is protected?
The policy was made in such a way that your identity is protected to the core which means your submission won’t be revealed to anyone. You could also choose to submit your information anonymously.
Over to you:
Having stated this sure way of making cool money in Nigeria, the ball is in your court to take action. But I strictly advise that you should ensure that the information provided is relevant and also, you should provide such information in good spirit as a Nigerian to help in the fight against corruption.
Nigeria will be great again! That’s my belief and we all can make it great again by being vigilant and join the fight against corruption.
Search recipes for this article:
whistle blowing portal
Whistleblower cases in nigeria
nigeria whistle blowing portal
Whistleblower protection bill 2015
nigeria whistleblower website
Whistle blowing policy and procedure
nigeria whistle blower portal
Importance of whistleblowing in an organisation
Make money as a whistleblower
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