[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Friday, 7 November, 2003, 19:09 GMT
Nigeria's new war on corruption
Shell flow station in Nigeria
Shell and BP say they will support Nigeria's anti-corruption drive
The Nigerian President, Olusegun Obasanjo, has urged oil firms to open up their accounts to scrutiny as part of a new anti-corruption drive.

"Whatever you receive, you must publish... I would appeal to extractive industries to participate," he said.

Nigeria, a major oil producer, has been ranked the second most corrupt country in the world after Bangladesh.

Mr Obasanjo was speaking at a Berlin meeting of the global corruption watchdog Transparency International.

Full disclosure

The BBC's Ray Furlong in Berlin says Shell and BP - both with large operations in Nigeria - have signalled a willingness to declare payments.

In practice, though, many countries prevent this happening.

Nigerian President Olusegun Obasanjo
I believe corruption in Nigeria is no longer institutionalised or a way of life... We are taking the right steps
Olusegun Obasanjo

Mr Obasanjo's anti-corruption pledge could show the way for other African countries, our correspondent says.

"The fight against corruption must be relentless and continuous," Mr Obasanjo told a news conference.

"The forces of corruption are determined."

Nigeria is Africa's largest oil producer, yet most of its petrol is imported - and most Nigerians live on less than $1 a day.

Under an initiative put forward by UK Prime Minister Tony Blair earlier this year, companies must openly declare exactly what they pay in return for the right to extract oil and other mineral wealth.

Mr Obasanjo, who helped to set up Transparency International, threw his weight behind a similar initiative called Publish What You Pay, pioneered by billionaire philanthropist George Soros.

"We are signing on (to the initiative), then we will show what we receive from royalties, from extractive industries tax," he told the BBC.

The Nigerian leader added that countries with extractive industries "must disclose totally what they receive and companies must disclose totally what they pay".

He also appealed for more international help in repatriating funds siphoned off by former Nigerian rulers, especially the late military ruler Sani Abacha, suspected of having taken up to $3bn out of the country.

"If you are going to deal with the issue of corruption worldwide then there must be a concerted effort," he said.




SEE ALSO:
Fake copy made of Nigerian bill
06 Nov 03  |  Africa
Were Nigeria's elections free and fair?
24 Apr 03  |  Have Your Say
Africa ponders corruption report
11 Oct 03  |  Africa
Anti-corruption conference opens
25 May 03  |  Business


RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


PRODUCTS AND SERVICES

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific