The Independent Corrupt Practices and Other Related Offences Commission has blamed limited funding for agency’s inability to effectively fight corruption at the nation’s ports.
The anti-graft agency in a statement on its official Facebook page also reiterated its commitment to tackling corruption at the Nigerian ports.
The ICPC Chairman, Professor Bolaji Owasanoye, a Senior Advocate of Nigeria, disclosed this when the Executive Secretary and Chief Executive Officer of the Nigerian Shippers Council, Emmanuel Jime, paid him a courtesy visit at the commission’s head office recently.
The ICPC boss explained that the nation’s economy was bleeding from the high level of corruption and corrupt activities taking place in the ports.
He restated that the situation had led to reputational damage to the country, adding that foreign investors no longer have an interest in investing in the country with many moving their investment to neighboring countries