The World Bank has supported President-elect, Maj.-Gen. Muhammadu Buhari (retd.), quest to probe the Nigerian National Petroleum Corporation over allegations of missing funds.
According to World Bank’s Chief Economist for Africa, Mr. Francisco Ferreira, looking into financial records of the country, especially allegation of corruption at the NNPC, would check impunity and build public institutions in the future.
He said, “One norm that has to change is the norm of impunity. I am from Brazil myself. So I am also used to a country where people could be corrupt and escape justice. That keeps the people to keep doing it.
“So, the current stand of the president-elect, Maj-Gen Buhari to look into what happened in the past hopefully will have consequences for the future. And those consequences will be that institutions will be stronger; norms will be cleaner and people will not have to steal millions of dollars from the Nigerian National Petroleum Corporation.