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,
In a statement in Lagos, 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
“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.
‘’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
“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