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Home EFCC

Olukoyede Calls for a United Front Against Corruption

newspegonline24 by newspegonline24
March 18, 2025
in EFCC
Reading Time: 3 mins read
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By Nkechi Eze

The Executive Chairman of the Economic and Financial Crimes Commission,  EFCC, Ola Olukoyede, has called on  Nigerian Missions abroad to collaborate with the EFCC in tackling corruption and enhancing the nation’s image on the global arena. 

Olukoyede made the call  in Abuja on Monday, March 17, 2025 while delivering a Keynote Speech at the Public Service Institute of Nigeria.

Dele Oyewale the commission’s spokesperson in a signed statement disclosed that the Chairman who spoke through  the Director of Public Affairs, Commander of the EFCC,  CE Wilson Uwujaren  pointed out that Nigeria’s image in the international community was largely influenced by factors such as population, natural resource endowment, military strength, political stability, quality of leadership, institutional efficiency, rule of law, and the quality of life of its citizens. While acknowledging the efforts of Nigerian Missions in representing the country’s interests, he stressed that corruption remains a major impediment to their ability to project a positive image.

The EFCC’s boss  recounted how Nigeria’s reputation has been tarnished by corruption-related scandals, both locally and internationally. He referenced the infamous 2016 Anti-Corruption Summit in London where then British Prime Minister,  David Cameron referred to Nigeria as “fantastically corrupt.” According to him, such public statements, while undiplomatic, accurately reflect global perceptions of Nigeria.

He further highlighted how corrupt activities perpetrated by both Nigerian officials and private citizens have continued to harm the country’s image abroad. Notable cases cited include the prosecution of former governors James Ibori, Joshua Dariye, and the late Diepreye Alamieyeseigha for corruption-related offences, as well as high-profile fraud involving individuals like Emmanuel Nwude, Ramon Abbas (Hushpuppi), and Ismaila Mustapha (Mompha).

Olukoyede lamented that Nigerian Missions abroad are not immune to corruption, citing allegations of unauthorized fees charged for services and poor accountability in the utilization of funds allocated to these Missions. He noted that such practices further damage Nigeria’s reputation and complicate the work of diplomats.

“Additionally, corruption-driven insecurity within Nigeria discourages foreign investment and tourism, while making Nigerians targets of suspicion and persecution at international borders and in other countries”, he said 

The EFCC Chairman emphasised the agency’s contributions toward rebuilding Nigeria’s global reputation. This includes enforcement actions, collaboration with international law enforcement agencies, recovery of stolen assets, extradition of fraud suspects, and providing advisory services to foreign investors. He noted that these efforts demonstrate Nigeria’s commitment to combating corruption and promoting adherence to the rule of law.

Olukoyede urged Nigerian Missions to complement the EFCC’s efforts by providing intelligence on corrupt Nigerians abroad, facilitating connections with foreign law enforcement agencies, assisting in asset recovery, and participating in international agreements aimed at combating illicit financial flows.

He also encouraged Nigerian Missions to engage in cultural diplomacy by promoting positive achievements of Nigerians globally and supporting exchange visits that allow foreigners to experience the country first hand.

Olukoyede concluded his speech by emphasizing the importance of the Money Laundering (Prevention and Prohibition) Act, 2022. He explained that the new law criminalizes the operation of numbered accounts, requires financial institutions to identify beneficial owners of accounts, and prohibits public officers from operating foreign accounts. He urged the diplomats to familiarize themselves with the legislation and assist law enforcement agencies in ensuring compliance by Nigerians in the diaspora.

The EFCC Chairman appealed to all Nigerian diplomats to allow the ethics of their profession and love of country to guide their actions, emphasizing that their contributions are essential to erasing corruption from Nigeria’s political landscape and restoring the nation’s standing in the global community.

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