Lai Mohammed, Funmi Iyanda debate how to fix Nigeria

7 years ago

Lai Mohammed, Funmi Iyanda debate how to fix Nigeria

Minister of Information and Culture, Alhaji Lai Mohammed, and a panel of experts will on Friday, December 9debate practical solutions for how to tackle corruption as part of the ongoing How To Fix Nigeria series organised by The Royal African Society and Oya Media in partnership with the Africa Research Group at King’s College London.

How To Fix Nigeria is conceived and hosted by award-winning broadcaster Funmi Iyanda. The series brings together abroad range of speakers to discuss practical solutions to Nigeria's contemporary challenges, and engages audiences online via the hashtag #HowToFixNigeria.

Former Central Bank of Nigeria Governor, Professor Charles Soludo; Nigerian economic affairs specialist, Feyi Fawehinmi, and Head of Africa Country Risk at IHS, Natznet Tesfay, discussed the nation’s economy, currency crisis and other infrastructural problems in the edition held on March 30, 2016.

International women rights and social development consultant, Fatimah Kelleher; women’s protection and empowerment specialist, Dorcas Erskine, and Nigerian author, Elnathan John, examined the struggle to overcome sexism in Africa’s most populous country in the last edition held on August 31.

Lai Mohammed, as a minister under President Muhammadu Buhari’s government, has been vocal in his insistence that corruption must be tackled head-on across all levels of society if there is any hope of reviving the country’s economy.

Nigeria has recently seen several major scandals in which billions of dollars have been stolen at the highest levels. Transparency International’s 2015 Corruption Perceptions Index ranked Nigeria at 136 out of 175 countries.

In the face of recession in Africa’s largest economy, Buhari has stated that “if Nigeria does not kill corruption, corruption will kill Nigeria”.

Since coming to power in 2015, the President has embarked on an energetic anti-corruption campaign, which critics argue has mostly targeted his political opponents.

At this event, the panel will debate the effectiveness of domestic efforts to tackle corruption, as well as the broader global picture.

The Panama Papers leak highlighted that corruption of the scale seen in Nigeria has only been made possible by a network of offshore secrecy jurisdictions and tax havens – many of which are overseen by the UK and directly benefit certain British interests.

From public awareness campaigns, to registers of beneficial ownership and the demand to return stolen assets held in British banks, there are a range of approaches proposed to addressing the problem of corruption. This interactive discussion will assess the foregoing and other approaches, with commentary from experts and questions from the live audience at King’s College, London.

Audiences in Nigeria and globally will join the discussion via the event’s livestream channel.