The Nigerian Government and the Government of the United Kingdom and Northern Ireland has signed a Memorandum of Understanding, MOU, in Abuja, Nigeria’s capital, in a joint commitment to continue the fight against corruption.
The MoU, which was signed between the Minister for Africa, Vicky
Ford and the Attorney General of Nigeria Abubakar Malami, has set out
the terms and understanding between the Government of the United
Kingdom and the Federal Government of Nigeria to make the
compensation payment.
At the signing of the MoU, Minister for Africa, Vicky Ford said the
signed agreement will enable a compensation of £210,610 payment to be
made to Nigeria following a successful investigation by the UK’s
Serious Fraud Office relating to the use of corrupt agents in the oil and
gas sector.
According to Ford, in a global economy where international trade is
vital, it is more important than ever that companies operate with
integrity and transparency.
Ford is on a three-day visit to Nigeria to take forward, ongoing efforts
by both countries to build on the UK-Nigeria partnership and
strengthen strong security, anti-corruption and economic ties.
