• About us
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, October 16, 2025
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home EFCC

Olukoyede Re-elected NACIWA President

Admin by Admin
October 15, 2025
in EFCC
Reading Time: 3 mins read
0
Olukoyede Re-elected NACIWA President
Share on FacebookShare on TwitterShare on Whatsapp

…as West African Anti-Graft Chiefs Adopt ECOWAS Guidelines on Cross-Border Asset Recovery

By Nkechi Eze

The Network of Anti-Corruption Institutions in West Africa (NACIWA) has re-elected the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, as its President, while ratifying the adoption of the ECOWAS Guidelines on Borderless Investigation, Asset Tracing, Recovery, and Management.

The re-election and ratification were among the major highlights of the 7th Annual General Assembly (AGA) of NACIWA held in Abuja on Wednesday, October 15, 2025, with representatives of all ECOWAS member states in attendance.

According to a statement signed by EFCC spokesperson, Dele Oyewale, the communique issued at the end of the meeting commended Mr. Olukoyede for his outstanding leadership and commitment to strengthening regional collaboration in the fight against trans-border economic and financial crimes.

The EFCC Chairman and other members of the NACIWA Executive Committee, who had successfully completed their first tenure, were unanimously returned to office through what the communique described as a “consensus renewal of their mandates,” reflecting the confidence of member institutions in their performance and dedication. Their renewed tenure will last for another three years.

The Assembly also “noted with satisfaction” the formal adoption of the ECOWAS Guidelines on Borderless Investigations, Asset Tracing, Recovery, and Management, urging all member states to domesticate the guidelines within their national frameworks to ensure harmonized implementation across the region.

The communique further reaffirmed NACIWA’s commitment to the 2001 ECOWAS Protocol on the Fight against Corruption, the United Nations Convention against Corruption (UNCAC), and the African Union Convention on Preventing and Combating Corruption (AUCPCC). It underscored the need for stronger regional cooperation in asset recovery, mutual legal assistance, and information sharing among anti-corruption agencies.

Member institutions were encouraged to deepen coordination with national financial intelligence units and law enforcement agencies to enhance operational synergy and effectiveness in combating economic crimes that transcend borders.

The Assembly also emphasized the importance of collaboration with civil society organizations (CSOs), youth groups, and the media in advancing anti-corruption advocacy and promoting public participation in governance accountability across West Africa.

In a symbolic reflection of regional progress, the 7th AGA coincided with the commemoration of 50 years of ECOWAS. Delegates described the milestone as a testament to the subregion’s resilience and renewed commitment to unity, security, and economic integration. The communique called on member institutions to intensify efforts to domesticate and operationalize the ECOWAS Protocol on corruption within their national legal systems to align with regional commitments.

The Assembly expressed deep appreciation to Nigeria’s President, Bola Ahmed Tinubu, for his steadfast support for the anti-corruption cause and for formally declaring the Assembly open on Tuesday, October 14, 2025.

While inaugurating the AGA, President Tinubu called on ECOWAS to recognize and designate resource theft—particularly illegal mining and mineral smuggling—as an international crime. He warned that the menace poses a grave threat to regional peace, stability, and economic prosperity.

“The time has come for ECOWAS to designate resource theft, illegal mining, and the stealing of minerals as an international crime that threatens the stability of the region, and galvanize the world against trade in stolen minerals from West Africa,” President Tinubu declared.

The 2025 NACIWA Assembly also expanded its membership by admitting new institutions, including Nigeria’s Code of Conduct Bureau (CCB), while welcoming the participation of CPC Cabo Verde as a new member.

With the re-election of Mr. Olukoyede and the ratification of new operational guidelines, the Assembly reaffirmed its collective determination to strengthen anti-corruption frameworks, enhance cross-border cooperation, and uphold transparency, accountability, and good governance across the ECOWAS subregion.

ShareTweetSend
Previous Post

Nigeria Customs Service Holds Leadership Retreat for Newly Promoted Comptrollers

Next Post

32 Artillery Brigade Commences Disciplinary Action Against Soldier Involved in Driver’s Death, Assures Family of Swift Justice

Admin

Admin

Related Posts

President Tinubu Hails EFCC Chairman Olukoyede’s Courage and Professionalism on His Birthday
EFCC

President Tinubu Hails EFCC Chairman Olukoyede’s Courage and Professionalism on His Birthday

October 14, 2025
Olukoyede Urges Nigerians to Join Fight Against Corruption
EFCC

Olukoyede Urges Nigerians to Join Fight Against Corruption

October 14, 2025
Tinubu to ECOWAS: Declare Resource Theft an International Crime
EFCC

Tinubu to ECOWAS: Declare Resource Theft an International Crime

October 14, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

DEPOWA President Advocates Intentional Parenting as Key to Combating Drug Abuse Among Youths

DEPOWA President Advocates Intentional Parenting as Key to Combating Drug Abuse Among Youths

October 14, 2025
CISLAC Applauds Edo Governor’s Swift Action Regarding Kano Visit, Suspension of Vigilante Security Chief

CISLAC Condemns Presidential Pardon for Convicts of Corruption, Drug Crimes and Capital Offences

October 14, 2025
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
DEPOWA President Advocates Intentional Parenting as Key to Combating Drug Abuse Among Youths

DEPOWA President Advocates Intentional Parenting as Key to Combating Drug Abuse Among Youths

October 14, 2025
CISLAC Applauds Edo Governor’s Swift Action Regarding Kano Visit, Suspension of Vigilante Security Chief

CISLAC Condemns Presidential Pardon for Convicts of Corruption, Drug Crimes and Capital Offences

October 14, 2025
US Army War College Honours Late Lt. Gen. Lagbaja with Posthumous Induction into International Hall of Fame

US Army War College Honours Late Lt. Gen. Lagbaja with Posthumous Induction into International Hall of Fame

October 14, 2025
Tinubu to ECOWAS: Declare Resource Theft an International Crime

Tinubu to ECOWAS: Declare Resource Theft an International Crime

October 14, 2025
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In