Background
Nigeria has repeatedly been labeled one of
the most corrupt countries in the world. A perceived
all-compassing culture of corruption could give
the impression that there is practically no room
for anyone to operate outside its borders. A strong
consensus has grown that if Nigeria is to develop,
the battle against corruption must be fought on
different battlefields.
To this end, CBi
was established to empower business transactions in
and within Nigeria against corruption and corrupt
practices. The vision is to move the society towards
a visible zero tolerance for corruption. It is hoped
that in time it will reposition the idea that Nigerian
businesses are fraudulent and instead foster international
relationships that can lead to meaningful exchange.
CBi
is a declaration for the maintenance of ethical conduct,
competence, transparency and accountability by private
sector operators. There was need to translate this
declaration into principles and regulations that could
be used as a code. A group of signatories came together
for regular meetings to translate the principles of
the declaration into minimum standards which resulted
in the Code of Business Integrity.
The code was adopted by the current signatories to
the Convention on Business Integrity in 1998. The
code identified the need for an elected Core group
to lead the initiative and for a secretariat to be
set up to administer the initiative. At the end of
1998, a Core-group was elected, including signatories,
business consultants and a representative from Integrity.
In 1999, the secretariat was set up. In 2001, SAP
the world’s leading provider of e-business software
solutions, announced that it is giving its support
to the convention and will thus fund the set up of
a secretariat in Nigeria. In July 2002, SAP formerly
appended its signature to the Convention on Business
Integrity. In March 2004, funding was received from
DFID to carry out specific projects, which includes
resource and human capacity building for the organisation,
signing ceremonies for public and private institutions
and report developments on business ethics issues.
CBi’s
vision is to create a society of Zero tolerance for
corruption.
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