A teacher of law from the Faculty of Law, University of Jos, Joash Amupitan, has interested the National Assembly in entering law, the whistleblower’s law to guarantee openness and governance at all levels.
Teacher Amupitan who made the appeal while providing the 81st inaugural lecture series of the University; with the style “Nigerian Corporate Governance: from focused ownership to dispersed ownership which way forward”, stated National Assembly should accelerate action on this as part of their contribution to the anti-corruption crusade.
” The country’s assembly ought to as a matter of seriousness enter law the safeguarded disclosure and whistleblowers costs, 2016 to even more improve responsibility and openness to both the public and economic sector.”.
He regretted that pensioners in Nigeria are been short-changed, mentioning that substantial amount in numerous pension funds was not being made use of efficiently for the advancement of the nation.
” Pension funds now face trillion of naira in Nigeria and it stayed unutilized and un-invested consequently opening it up for misappropriation. The even worse of it is that pensioners are short altered by administrators.”.
Teacher Amupitan required the reform of the pension, administration in Nigeria, “it protests above background that we promote the reform of the pension plan by developing pension administrators into strong institutional financiers since they have the powers to invest and handle pension fund and properties under area 55(b) and 85 of the pension reform act.”.
The university where stated Nigeria is presently in economic crisis due to mismanagement of public resources. “Mr. Speaker Sir (Yakubu Dogara), Nigeria has no need to remain in economic crisis, but due to mismanagement of nationwide resources by those in the hem of affairs.”.
” We might highlight this situation with the case of Cadbury Nigeria Plc. There were accusations of overstatement in the company’s monetary declarations for the duration 2003 -30 the September 2006 to the tune of 13 billion made versus 20 individuals consisting of the handling Director/CEO, some directors, the external auditors and the registrars,” stated Amupitan.
Plateau state deputy Governor Prof Soni Tyoden, who was a previous Vice Chancellor of the University stated the subject of the lecture was prompt, thinking about present obstacles in the Nigeria economy, and praised the University for keeping fate with the customs of inaugural lectures.
Previously, Vice Chancellor of the University of Jos, Professor Sebastian Maimako, in a welcome address stated the lecture will help deal with concerns verging on business governance.
Teacher. Maimako exposed that the 81st public lecture was the very first he has chaired as the Vice Chancellor of the University of Jos since the presumption of the workplace in 2015 June.