20 whistleblowers who provided information that led to the recovery over N11.6 billion have been rewarded with N375.8 million.

The payments were the first under the Whistleblower Policy.

The Ministry of Finance,  Kemi Adeosun, who confirmed the payment in a statement, however did not disclose the identities of the beneficiaries, apparently for security reasons.

“This payment is the first under the Whistleblower Policy,”  Adeosun said in the statement.

“The payment underscores the commitment of the President Muhmmadu Buhari-led administration to meet its obligations to information providers under the Whistleblower Policy, which is an essential tool in the fight against corruption.”

The minister  said the payment of the money would however be made after the successful recovery of the affected sum to government coffers.

The minister said standard procedures had also been introduced to ensure the protection of the identities of information providers during the payment process.

Adeosun noted that all payments were taxable and were only made upon confirmation of the final recovery of related assets, after confirmation by the Attorney-General of the Federation as being free of legal disputes.