eritvnews: Just In!!! FG Set To Reward Whistleblower -Lai Mohammed

LAGOS— The Federal Government will protect
and reward whistleblowers, who provide
information that leads to the recovery of stolen
funds, Minister of Information and Culture, Alhaji
Lai Mohammed, has said.


In a statement in Lagos, yesterday, the minister
said the Federal Government will protect the
identity of all whistleblowers, whether in the
public or private sector, and also ensure that the
information they provide is kept secret.

“For those who may have suffered any backlash
as a result of the information they provide, their
cases will be reviewed and appropriate mitigating
actions taken,” he said.


Mohammed said the assurance followed
presentations made to the Presidential Assets
Recovery Committee by concerned citizens and
groups about the safety of whistleblowers.
Lai Mohammed


‘’Whistleblowers have nothing to fear, because
the committee has put in place the necessary
measures to safeguard those who give useful
information. As a matter of fact, whistleblowers
have everything to gain and nothing to lose,” he
said.


The minister said any whistleblower whose
information leads to the recovery of up to N1
billion will receive five per cent of the amount;
that the reward for any amount between N1 and
N5 billion will be fiev per cent for the first N1
billion and four per cent of the remaining N4
billion, and that any amount over N5 billion will
attract 2.5 per cent reward.
“For example, if a whistleblower provides
information leading to the recovery of N10 billion,
he or she will receive five per cent of the first N1
billion, four per cent of the next N4 billion and
2.5 per cent of the remaining N5 billion.


‘’What we have done by making this information
public is to reassure potential whistle-blowers
that the plan to reward is real. We are not just
saying we will pay all whistle-blowers, but we are
letting them know in advance what they are
entitled to, once the information they
provide leads to the recovery of looted funds,’’ he
said.