Wednesday, July 15, 2020 / 12.30PM /
Convention On Business Integrity / Header Image Credit: CBi
The Maritime Anti-Corruption Network a global business network of over 130 companies working together to tackle corruption in the maritime industry is extending 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 will run from 2020 up until January 2023.
According to the Co-Founder of the Convention on Business Integrity Mr. Soji Apampa "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 a more effective seaport and terminal services, and improved corruption prevention practices that, ultimately, will benefit any business using seaports or terminals in Nigeria."
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 was used to develop a Corporate Governance Rating System (CGRS) in partnership with the Nigeria Stock Exchange.
Executive Director of the MACN, Cecilia Muller Torbrand. said "The Siemens Integrity Initiative is a very competitive funding call that, over the years, has supported some of the leading anti-corruption initiatives globally. For MACN, CBi, and our local stakeholders, the support from Siemens is fantastic recognition of our Collective Action work, and the impact we had in the Nigerian port and maritime sector. We are grateful for the support and excited to add Siemens to the list of donors supporting MACN".
The project builds on and will be integrated into, MACN and CBi's ongoing work in Nigeria that is sponsored by the Ministry of Foreign Affairs of Denmark. As a result of the Siemens Integrity Initiative support, MACN will expand its work into multiple agencies and port users, enabling greater public-private sector dialogue on integrity issues, equipping local players with proven Collective Action methodologies to drive change, and supporting maritime industry Collective Action initiatives.
On her part, Ms. Onyeche Tifase, CEO of Siemens Energy said "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."
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.
"The Lagos Chamber of Commerce and Industry (LCCI) welcomes this intervention by the CBi and MACN. Ports processes and procedures are in dire need of reforms. We hope that this initiative will advance the cause of the needed change process." Said Muda Yusuf, Director-General, LCCI.