Official: Here Is How Much You Can Make For Whistle-blowing
Nairametrics| The Federal Government’s Whistle-blowing policy has been mired in some controversy lately, after news emerged that some whistle-blowers have been victimized. To allay concerns of potential whistle-blowers, the Minister of Communications, Alhaji Lai Mohammed has revealed that cases of those who have suffered victimization will be addressed by the government.
“For those who may have suffered any backlash as a result of the information they provide, their cases will be reviewed and appropriate mitigating actions taken”
Nothing to fear, everything to gain
He also maintained that whistleblowers have everything to gain.
“Whistle-blowers have nothing to fear, because the committee has put in place the necessary measures to safeguard those who give useful information. As a matter of fact, whistle-blowers have everything to gain and nothing to lose,” he said.
How much you can make by being a whistleblower
- Recovery of up to 1 billion Naira will receive 5% of the amount;
- The reward for any amount between 1 and 5 billion Naira will be 5% for the first 1 billion Naira and 4% of the remaining 4 billion Naira
- And then for any whistleblowing amount of over 5 billion Naira will attract 2.5% reward.
- For example, if a whistle-blower provides information leading to the recovery of 10 billion Naira, he or she will receive 5% of the first 1 billion Naira, 4% of the next 4 billion Naira and 2.5% of the remaining 5 billion Naira.
Please go ahead and blow the whistle. According to Muhammad Ali, He who is not courageous enough to take risks will accomplish nothing in life.