The World Bank, in an investment assessment report released recently, showed that 80 per cent of businesses in Nigeria offer bribes to government officials, adding also that the country remains the most attractive investment destination in Africa despite the high rate of corruption.
"One-third of micro-enterprises
reported that informal payments/gifts to government officials were
commonplace, suggesting that registered firms confront more requests for
such bribes," the report stated. "Only 20 per cent of micro-enterprise
firms reported having advance knowledge of the amount of the payment
required to 'get things done'.
"Informal payments/gifts represented approximately 1.2 per cent of annual sales for all micro-enterprises."
report, which analyzed businesses in 26 states within the country,
noted that government contractors have to pay approximately 4.3 per cent
of the contract value in order to secure and maintain contracts.
analyzed include: Adamawa, Akwa Ibom, Bayelsa, Benue, Borno, Delta,
Ebonyi, Edo, Ekiti, Gombe, Imo, Jigawa, Katsina, Kebbi, Kogi, Kwara,
Nasarawa, Niger, Ondo, Osun, Oyo, Plateau, Rivers, Taraba, Yobe and
"The bribes required to obtain contracts
appear much smaller for services (3.9 per cent) than for manufactured
goods (6.7 per cent)," the report stated.
sector firms pay more for corruption: 47 per cent of formal firms
claimed that informal gifts/payments were commonplace, compared to 33
per cent of micro-enterprises."