Senator representing Ogun East Senatorial District, Gbenga Daniel, has called on the Federal Government to introduce a structured amnesty programme for Nigerians willing to return illicit funds held overseas.
Sen. Daniel, a former Governor of Ogun State, spoke on Wednesday in Abuja during a book launch held at the Yar’Adua Centre to commemorate his 70th birthday.
The lawmaker said corruption remains a major obstacle to Nigeria’s development, highlighting capital flight as one of its most damaging aspects.
“In the interim, one of the most damaging dimensions of corruption is capital flight. Much of the money stolen is invested outside our shores, enriching other nations while depriving Nigeria of development resources.
“As a pragmatic step, the government could consider a well-structured moratorium or amnesty on the repatriation of such funds, provided they are invested productively within the country. This will help inject needed capital into the economy,” he said.
He noted that a significant portion of illicit funds passes through formal banking systems, making them traceable with modern financial intelligence tools. He therefore advocated a more coordinated and systemic approach to tackling corruption.
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Daniel also stressed the importance of strengthening accountability in public service through the effective use of oversight institutions such as the Code of Conduct Bureau.
On the issue of misinformation, he warned against the growing influence of distorted narratives and incomplete information on public discourse.
“Political decisions are frequently taken from warped viewpoints, while even elites sometimes rely only on headlines without interrogating issues in depth.
“We must invest deliberately in credible, fact-based information systems to empower citizens,” he said.
He further decried the decline in ethical standards within the public sector, observing that sudden wealth often goes unquestioned. He called for a revival of the “Omoluabi” ethos, which emphasises integrity, honour and moral uprightness.
Despite the challenges, Daniel expressed optimism about Nigeria’s future, insisting that the country’s governance issues can be resolved with collective commitment and sincerity.
The event also featured the unveiling of four books, including Daniel in the Lions’ Den and My March through the Courts. Reviewing two of the works, Reuben Abati encouraged Nigerians to document their experiences, noting that the books provide valuable insights into the nation’s political landscape.
Also speaking, Senator Adeniyi Adegbonmire described My March through the Courts as a “must-read,” citing its detailed account of Daniel’s legal battles and eventual acquittal.
