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Tag: Corruption

More automation will lessen rampant corruption

December 12, 2020
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Whenever human beings are integrated in a process, there is a high likelihood of corruption. Nigeria now ranks 146th out of 180 countries in the Transparency International’s Corruption Perception Index, slipping from the 136th place it occupied in 2015. Nigeria scored 26/100 and Transparency International says, “To end corruption, we [must] promote transparency, accountability, and integrity at all levels and across all sectors of society.” The Breeding Ground Two things are important for corruption to thrive one is monopoly or asymmetry of information. The other condition is monopoly of discretion. Where one party can take a decision without being checked. So, if anybody in leadership is saying that they are fighting corruption either by hounding people or by making senseless noise, they have not started anything because we know that the solution is clearly different from that. Read all my...

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Posted in Thoughts Tagged Corruption, Growth, Nigeria, Software Leave a comment

Nigeria’s faulty compensation challenge

November 6, 2020
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Yele-Newsletter-Oct2020-Cover

The year 2020 has been a chastening one for the world, including Nigeria, where there has been the added worrisome trend of violence, killings, and looting because people are angry with their leaders and suddenly the elite have become vulnerable to this anger. Since 1960, the country has tried to inculcate an inclusive political system with the regions as the focal points. The central government allowed these regions to develop at their own pace, with their own resources – physical and material. But then came the creation of states, and the republic meant those that had gone ahead had to wait for those lagging. Thus the entry of the quota system, and we subsequently pushed aside the system of merit. In 2020, the chickens have finally come home to roost. This is not saying quota system is bad – what...

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Posted in Uncategorized Tagged Africa, Compensation, Corruption, Government, Nigeria Leave a comment

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