Nigerianomics...
The Siemens Wilbros bribery scandal currently rocking the Nigerian telecoms sector has provided daily humor.
“It is instructive that Nigerian officials alone took 10 million Euros out of the overall 12 million Euros allegedly paid out by the German company to officials in three countries, including Russia and Libya.“That made Nigeria a clear gold medallist in this Siemen’s bribery contest, with Russia, a distant second, with only 2 million Euros shared by 38 people. .
I support EFCC's efforts at cleansing Nigeria's public service. Nuhu Ribadu is doing what many spineless Nigerian public official has been unable to do in our country's recent history.
3Comment(s):
So, 10 out of 12 million went to Nigerian officials, eh? Why am I not surprised? Oh, Nigeria....
I am happy though that people are becoming more aware of the specific failures of corrupt officials. I hope that the scandals and resulting investigations will shame criminals and hopefully prevent others from going down that path.
@solomon I really beleive it is already working. Speaking with a contact over the weekend. The first words that came out of his mouths as I proceeded to explain a planned project was..." I hope you will not put me into trouble" ...honestly I thought those were the most beautiful words I have had from a Nigerian official in a long time.
LOL.