The Maritime Anti-Corruption Network (MACN),a global business network of over 130 companies working together to tackle corruption in the maritime industry is expanding its Collective Action initiative in Nigeria with the support of the Siemens Integrity Initiative. The project will be implemented by MACN and the Convention on Business Integrity (CBi) and run from 2020 up to January 2023.
“Through the generous support from Siemens AG, CBi and MACN will be able to contribute to a stronger government and port authority compliance environment and encourage public-private oversight of compliance in ports and terminals. We believe this will lead to more effective seaports and terminals services, and improved corruption prevention practices that, ultimately, will benefit any business using seaports or terminals in Nigeria.” says Soji Apampa, Executive Director and Co-Founder of the Convention on Business Integrity.
The Siemens Integrity Initiative promotes projects around the world that seek to combat corruption through Collective Action. The selection process is highly competitive and favours projects that have a direct impact on the private sector and that strengthen compliance standards and legal systems. CBi was a recipient of support under the first round of funding which it used to develop a Corporate Governance Rating System (CGRS) in partnership with the Nigeria Stock Exchange.
“This initiative boosts Siemens efforts to support the establishment of higher integrity standards and fairer market conditions in Nigeria. We are looking forward to making this project a joint success.” Says Ms. Onyeche Tifase, CEO of Siemens Energy Nigeria.
Over the coming three years MACN and CBi will enable port users to demand, track, and ensure greater compliance in Nigerian ports, help strengthen government capability to establish compliance systems and collaboration between business, government and civil society. This will create the platform for the cultural changes that are necessary to improve trade flows in and out of Nigeria, and support the social economic growth the Nigerian government is targeting.
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