President Goodluck Jonathan has
lamented that in spite of institutional reforms aimed at fighting
corrupt practices, Nigerians, through their actions encourage graft.
He also said both the public and
private sectors were involved in corruption but stated that he would not
give out their names “so that I won’t be attacked.”
The President spoke while declaring open the 54th annual conference of the Nigerian Economic Society in Abuja on Tuesday.
The conference, which has as its theme,
“Institutions, institutional reforms and economic development,” is the
single largest gathering of economists in the country.
Jonathan argued that if Nigerians did
not “reward corrupt practices” through their actions, those involved
in them would have no need to continue.
He said, “I want a society where all of us will frown upon people who come up with what they are not supposed to have.
“(If) a young man who just started a job
and within six months or a year comes up with a car of N7m to N15m and
you clap for him, then you are rewarding corruption.
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