Funding Round Activities - Nigeria
Global Compact Network Nigeria, together with the CBi, developed an anti-corruption toolkit to guide MSMEs in improving anti-corruption compliance practices. Network Nigeria also aimed to develop an integrity pact between MSMEs and the finance sector, seeking to incentivize MSMEs with strong anti-corruption practices by providing better access to financing from banks and other institutions.
Main accomplishments
- Raised awareness among more than 300 civil society, business, Government and financial sector actors about the value of Collective Action in fighting corruption and the important role that MSMEs can play.
- Drafted an anti-corruption toolkit to guide MSMEs in strengthening anti-corruption practices. The toolkit will include a self-assessment that allows MSMEs to evaluate compliance progress.
- Developed a Roadmap Report outlining a pathway to combat corruption by building on the commitment of MSMEs and the finance sector to act collectively.
- Developed an additional Roadmap Report that outlines a path for continuity in implementing a principles-based Collective Action initiative for the construction sector.
The Collective Action project convened leaders from the private and public sectors, as well as other stakeholders, to establish a platform for dialogue in Nigeria. The project aimed to address Nigeria’s corruption challenges by building alliances of like-minded business and public officials, fostering collaboration and capacity building. It explored challenges and opportunities for Collective Action in the country, working towards greater transparency and integrity in business. The project continued efforts to further engage businesses and key stakeholders in the fight against corruption.
Main accomplishments
- Enhanced dialogue in the oil and gas industry with increased discussions among key actors in Nigeria’s major sector on fraud and corruption issues.
- Addressed corruption problems in the country, particularly in procurement processes.
- Involved a significant number of SMEs in collaborative dialogue.