Whistleblowers to earn N210m on every N5bn – FG

The federal government have said that whistleblowers whose information leads to recovery of N1billion to N5 billion will receive 5 percent for the first N1billion and 4 percent of the remaining N4 billion.

Making the clarification in a statement yesterday, minister of Information and Culture, Alhaji Lai Mohammed said any amount over N5billion will attract 2.5% reward.

By implication a whistleblower on N5bn recovery will make N50million from the first N1bn and N160million from the remaining N4 billion making a total of N210million.

The minister said government will protect the identity of all whistleblowers, whether in the public or the private sector by keeping information they provide secret.

He said the assurance followed the presentations made to the Presidential Assets Recovery Committee by concerned citizens and groups about the safety of whistleblowers.

The minister also said cases of those who may have suffered backlash as a result of the information they provide will be reviewed and appropriate mitigating actions taken.

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