The Chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, emphasized that the commission’s mission is not solely about arrests but about strengthening the economy by preventing corruption. Speaking during a meeting with Hadiza Bala Usman, the Special Adviser to President Bola Tinubu, Olukoyede highlighted his vision for reform, including creating a Fraud Risk Assessment Department to curb corruption proactively.
Olukoyede stated that the EFCC is focused on systemic improvements and periodic reviews to “get the system right” and address corruption at its roots. He noted that several policy changes have already been implemented under his leadership, emphasizing institutional growth and structural reforms alongside achieving convictions and asset recoveries.
Usman praised Olukoyede’s efforts, highlighting the EFCC’s shift towards effective, preventive measures in fighting corruption. She stressed the importance of performance metrics that go beyond arrests and convictions, aiming for sustainable changes that align with the administration’s priorities in economic stability and transparency.