The
Vice-President, Prof. Yemi Osinbajo, has reiterated the commitment of
the present government to ensure that persons found to be corrupt are
sanctioned.
Osinbajo described corrupt practices,
weak public and private institutions, as well as public policy, as the
greatest threats to the stability of the economy.
While speaking at the 3rd Annual
Christopher Kolade’s lecture on Business Integrity in Lagos, Osinbajo
said that an individual who lacked integrity in life should not be
expected to have business integrity.
He, however, noted that integrity should be an acceptable standard for every business leader.
Speaking on the topic, ‘Beyond
Compliance: Imbibing a Culture of Business Integrity,’ he added, “The
most important thing is to do things right. It is important that what we
do comply with the rule of law.
“There is need to ensure that people’s
rights are not trampled on. And there is need to ensure that people face
the consequence for wrongful actions. That balance is necessary. The
administration will ensure that loopholes compliance are plugged and
those responsible for creating loopholes will face the consequence.
“The greater good of the company also
means the greater good of many people, their lives and families. The
question is- how do we respond to the ethical dynamics of poverty and
corruption when it concerns our friends, ethnic or religious groups?”
Kolade noted that it is difficult to have integrity in Nigeria as corruption is perceived as the norm.
He said, “We use corruption in our
conversations than we talk about integrity. Integrity should feature
more in our conversations. Integrity is meant to be natural to human
beings.”
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