The Minister of Finance, Mrs. Kemi
Adeosun, has said a total of N421.33m is ready to be paid to whistle-blowers
for the November batch.
She said the amount included that of the
whistle-blower for the cash recovered from a building in Osborne Road, Ikoyi,
Lagos.
Adeosun disclosed this on Wednesday
while answering questions from State House correspondents, after the weekly
meeting of the Federal Executive Council presided over by Vice-President Yemi
Osinbajo at the Presidential Villa, Abuja.
She said the money would be paid to the
whistle-blower who signed the agreement and not any firm.
The minister also disclosed that the
Federal Government would pay applicable taxes on the sum directly to the state
government where the whistle-blower is domiciled.
The whistle-blower will go home smiling with such huge amount of money. This initiative is great as it generally suports music industry in Nigeria.
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