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Nigeria

Strengthen Asset Recovery Legislation (NG0021)

Overview

At-a-Glance

Action Plan: Nigeria Action Plan 2019-2021

Action Plan Cycle: 2019

Status: Active

Institutions

Lead Institution: Federal Ministry of Justice

Support Institution(s): National Assembly, The Presidency, Anti-Corruption Agencies, National Security Adviser, Law Enforcement Agencies, Federal Inland Revenue Service, Nigeria Customs Service, Nigeria Immigration Service, Central Bank of Nigeria and National Assembly Committees on Anti-Corruption, Financial Crimes and Public Accounts, Ministry of Finance, Budget and National Planning. Publish What You Pay (PWYP), African Centre for Leadership, Strategy & Development (Centre LSD), Digital Forensics, African Network for Economic and Environmental Justice (ANEEJ), WANGONET, Association of Bureau de Change, Partners West Africa Nigeria (PWAN), FENRAD, WANGONeT, Initiative For Leadership Foundation (ILF), SERDEC, Centre for Health Equity and Justice (CEHEJ).

Policy Areas

Anti-Corruption Institutions, Capacity Building, E-Government, Legislation & Regulation

IRM Review

IRM Report: Pending IRM Review

Starred: Pending IRM Review

Early Results: Pending IRM Review

Design i

Verifiable: Pending IRM Review

Relevant to OGP Values: Pending IRM Review

Potential Impact: Pending IRM Review

Implementation i

Completion: Pending IRM Review

Description

Brief description:
This commitment is to strengthen Nigerian laws with regards to assets recovery, especially non-conviction-based confiscation powers and unexplained wealth orders; and ensure proper management of assets and proceeds.

General problem:
1. Absence of a comprehensive legislative framework for the management of asset recovery
2. Poor asset recovery management

Specific OGP issue:
Corruption, Opacity in the utilization and management of public resources

Rationale for the commitment:
Asset recovery is an integral part of anti-corruption work. It requires a good legislative framework and proper management of assets and proceeds. Asset recovery and management is a huge challenge in Nigeria. There were reported cases in the past where recovered assets have not been properly managed leading to “looting of looted funds.” This commitment was made in the first NAP. Progress was made such as submission of the Proceeds of the Crime Bill to the National Assembly. But It has not been passed into law. There is the need to continue with the commitment so as to strengthen the legislative framework and improve the management of assets and proceeds.

Main objective:
To enact legislation that would aid asset recovery and ensure proper and transparent management of assets and proceeds

Anticipated impact:
To deter looting of public resources
Easy asset recovery and management

See action plan for milestone activities


Commitments

  1. Participatory Budgeting

    NG0015, 2019, Audits and Controls

  2. Implement Open Contracting and the Open Contracting Data Standard

    NG0016, 2019, Beneficial Ownership

  3. Transparent Tax Revenue Reporting

    NG0017, 2019, Legislation & Regulation

  4. Open Contracting and Licensing in Extractives

    NG0018, 2019, E-Government

  5. Implement EITI Standard

    NG0019, 2019, Audits and Controls

  6. Establish Beneficial Ownership Registry

    NG0020, 2019, Beneficial Ownership

  7. Strengthen Asset Recovery Legislation

    NG0021, 2019, Anti-Corruption Institutions

  8. Implement National Anti-Corruption Strategy

    NG0022, 2019, Anti-Corruption Institutions

  9. Improve Compliance with Freedom of Information Act with Focus on Records Management

    NG0023, 2019, Capacity Building

  10. Improved Compliance with Mandatory Publication Provisions Requirement (FOIA)

    NG0024, 2019, Capacity Building

  11. Implement Permanent Dialogue Mechanism

    NG0025, 2019, Gender

  12. Aggregate Citizens' Feedback on Programs

    NG0026, 2019, E-Government

  13. Freedom of Association, Assembly, and Expression

    NG0027, 2019, Civic Space

  14. Enhance Participation of the Vulnerable

    NG0028, 2019, Capacity Building

  15. Implement New Computer Program in 6 Government Ministries to Improve Service Delivery

    NG0029, 2019, Capacity Building

  16. Legal Instrument to Strengthen SERVICOM

    NG0030, 2019, Legislation & Regulation

  17. Citizen Participation in Budget Cycle

    NG0001, 2017, Audits and Controls

  18. Open Contracting

    NG0002, 2017, Capacity Building

  19. Extractive Sector Transparency

    NG0003, 2017, Beneficial Ownership

  20. Tax Reporting Standards

    NG0004, 2017, Fiscal Transparency

  21. World Bank Doing Business Index

    NG0005, 2017, Infrastructure & Transport

  22. Beneficial Ownership Register

    NG0006, 2017, Beneficial Ownership

  23. Anti-Corruption Informationi Sharing

    NG0007, 2017, Anti-Corruption Institutions

  24. Asset Recovery Legislation

    NG0008, 2017, Capacity Building

  25. Anti-Corruption Activity Coordination

    NG0009, 2017, Anti-Corruption Institutions

  26. FOIA Compliance for Annual Reporting

    NG0010, 2017, Capacity Building

  27. FOIA Compliance for Disclosure

    NG0011, 2017, E-Government

  28. Permanent Dialogue Mechanism

    NG0012, 2017, Fiscal Transparency

  29. Joint Governmnet-Civil Society Legislation Review

    NG0013, 2017, Oversight of Budget/Fiscal Policies

  30. Technology-Based Citizens' Feedback

    NG0014, 2017, E-Government

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