• About us
  • Advertise
  • Privacy & Policy
  • Contact
Friday, July 25, 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

EFCC Boss Identifies Non-Compliance as Major Driver of Corruption in MDAs

Admin by Admin
April 29, 2025
in EFCC
Reading Time: 3 mins read
0
Share on FacebookShare on TwitterShare on Whatsapp

By Eze Nkechi

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has decried the lack of compliance with best practices, rules and regulation in Ministries, Departments and Agencies, MDAs in the country, stressing that it is one of the gateways to corruption in Nigeria. 

Olukoyede made the observation in Abuja  on Tuesday, April 29, 2025 while addressing a delegation from the National Agency for Science and Engineering Infrastructure, NASENI, led by its Executive Vice Chairman, Khalil Halilu at the Commission’s headquarters.

 An official signed statement made available by the commission’s spokesperson Dele Oyewale disclosed that the EFCC boss pointed out that government agencies and private concerns in Nigeria are falling short of compliance with established regulations, making them prone to compromises, abuses and corruption.  

If there’s anything most of our MDAs are lacking,  it is the issue of compliance. We don’t comply, and that is a problem. There is lack of compliance in the process of award of contract, management processes, financial regulations and all that. Most agencies don’t comply and that’s what leads to corruption and financial crimes.  

When you don’t comply, it’s a breach. And the moment there is a breach, it gives room for anything. And you will discover that others who have been waiting and watching you will now take advantage of that and perpetrate more evil that you can never envisage,” he said.

While applauding the current NASENI leadership for its strides and especially for developing Corruption Risk Assessment, CRA and Standard Operating Procedure, SOP in conjunction with the EFCC, Olukoyede noted that the readiness of NASENI staff to be guided by the documents was of more paramount importance. He assured the Agency of EFCC’s continuous support.

“CRA is good, but the CRA will not bring any change except if the people are ready to change and follow due process.  I want to salute your courage for the modest achievements you have made in the course of your stay in the office”,  he said. 

Halilu who expressed delight with the good working relationship between the two agencies disclosed that the visit was to express NASENI’s gratitude to the EFCC and to plead for the sustenance of the goodwill from the Commission.

“One of the early things I did when I took over the seat was to invite EFCC to come and see our processes and procedures and how we can further strengthen them.  So we just came here to thank you for the relationship”, he said. 

The process of formulating NASENI’s CRA and SOP began in 2022 with a composition of a joint team, made of nine EFCC officers and 10 officials of NASENI. Work on the documents was concluded late last year. The SOP emerged as a 1900 page document, compiled in 45 booklets.

 Halilu says the project is a great achievement for NASENI.  “That is why we are here today to appreciate the EFCC for supporting us, for giving us nine of their best men to evaluate NASENI and to give NASENI suggestions on the way forward and how to prevent corruption. We want a continuous relationship. 

ShareTweetSend
Previous Post

Internet Fraud: EFCC to Prosecute 30 Suspects Arrested in Benin City

Next Post

FG’s Economic Policies on Right Track – SGF Akume

Admin

Admin

Related Posts

EFCC Sensitizes CBN Benin Staff on Cryptocurrency, Money Laundering, and Terrorism Financing Risks
EFCC

EFCC Sensitizes CBN Benin Staff on Cryptocurrency, Money Laundering, and Terrorism Financing Risks

July 24, 2025
Court Convicts Former NHIS Boss, BDC Operator for $2.2 Million Money Laundering in Lagos
EFCC

Court Convicts Former NHIS Boss, BDC Operator for $2.2 Million Money Laundering in Lagos

July 24, 2025
EFCC Probes Undeclared Foreign Currencies Intercepted by Customs and NIPOST at Lagos Airport
EFCC

EFCC Probes Undeclared Foreign Currencies Intercepted by Customs and NIPOST at Lagos Airport

July 24, 2025
Next Post

FG's Economic Policies on Right Track - SGF Akume

Leave a Reply Cancel reply

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

Editor's Choice

ICPC Renews Call for Full Implementation of Anti-Sexual Harassment Policy in Tertiary Institutions

ICPC Renews Call for Full Implementation of Anti-Sexual Harassment Policy in Tertiary Institutions

July 24, 2025
SON DG Welcomes Appointment of Hon. Yahuza Ado Inuwa as Chairman, Standards Council

SON DG Welcomes Appointment of Hon. Yahuza Ado Inuwa as Chairman, Standards Council

July 24, 2025
  • Trending
  • Comments
  • Latest
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

DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

March 19, 2025
A Legacy Forged in Duty: Nigerian Army at 162 Years of Nation Building and Sovereign Defence

A Legacy Forged in Duty: Nigerian Army at 162 Years of Nation Building and Sovereign Defence

July 3, 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
ICPC Renews Call for Full Implementation of Anti-Sexual Harassment Policy in Tertiary Institutions

ICPC Renews Call for Full Implementation of Anti-Sexual Harassment Policy in Tertiary Institutions

July 24, 2025
SON DG Welcomes Appointment of Hon. Yahuza Ado Inuwa as Chairman, Standards Council

SON DG Welcomes Appointment of Hon. Yahuza Ado Inuwa as Chairman, Standards Council

July 24, 2025
INEC Issues Supplementary Regulations on Result Reviews, Receives 122 Applications for Party Registration

INEC Records Over 168,000 New Voter Registrations in Anambra, Activates Party Registration Portal

July 24, 2025
NAF Graduates New Combat-Ready UAV Operators to Bolster National Security

NAF Graduates New Combat-Ready UAV Operators to Bolster National Security

July 24, 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