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Corruption: I wonder how Nigeria is still alive, says EFCC chairman

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By Kayode Sanni-Arewa

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has decried the magnitude of stealing by corrupt elements in the country.

He said anytime he checks case files and sees the amount stolen, he wonders how the country still exists, adding that if Nigerians saw some case files they would weep.

According to a statement on Tuesday by the EFCC’s Head of Media and Publicity, Dele Oyewale, the chairman stated this while receiving the management team of the Revenue Mobilisation Allocation and Fiscal Commission led by its Chairman, Mohammed Shehu.

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“When I look at some case files and see the humongous amount of money stolen, I wonder how we are still surviving. If you see some case files, you will weep. The way they move unspent budget allocation to private accounts in commercial banks before midnight at the end of a budget circle, you will wonder what kind of spirit drives us as Nigerians,” Olukoyede was quoted as saying.

He also said public corruption ranks as the biggest cause of corruption in Nigeria.

He pointed out that if public corruption was taken out of the polity, the country would fare better than many countries of the world.

He said, “A situation where somebody would hold a public office or position of trust for years and you call him to account and he says No, he would not account, is not acceptable.”

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He stressed that transparency and accountability should be embedded in both the public and private sectors for optimal development of the country.

While noting that corruption poses a huge challenge to the country, Olukoyede expressed optimism that the prevention mechanisms of his leadership would ensure that the commission stays ahead of the devices of the corrupt to ensure that Nigerians have good governance experiences.

“He insisted that the preventive framework of tackling corruption offers more prospects of results and impact. To this end, the EFCC now has a Department of Fraud Risk and Assessment and Control

“Let’s look at our system of revenue generation. It is a system that allows leakages in mobilisation and appropriation of funds. If we don’t look at the system, we will continue to chase shadows. In this direction, we are not just going to investigate and recover; what we have decided to do in the EFCC is Policy Review. If we can block some of these leakages and have 50 per cent of capital project execution in Nigeria, the country would be fine,” the statement added.

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Also speaking, Shehu lauded the longstanding collaboration between RMAFC and the EFCC and stated that the visit was motivated by the need to explore more areas of collaboration between the two agencies of government, especially in the direction of recovery of unremitted or lost revenues of government.

He said, “It is important to bring to the fore that the collaboration between RMAFC and EFCC is crucial in addressing the challenges of unremitted revenue to the Federation Account. On this note, we are calling on EFCC for more collaboration, not only in the area of enforcement but also intelligence gathering and data sharing as regards government revenue from any source.”

He also called on the EFCC to further assist his Commission in the area of capacity building of its staff on revenue monitoring.

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Presidency slams El-Rufai over plot to woo Buhari

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The Presidency and the ruling All Progressives Congress have dismissed the prospect of any opposition coalition unseating President Bola Tinubu in 2027, describing recent moves by former Vice President Atiku Abubakar and ex-Kaduna State Governor, Nasir El-Rufai, as futile and politically opportunistic.

Their reactions followed the high-profile visit by Atiku and El-Rufai—accompanied by former governors Aminu Tambuwal (Sokoto), Gabriel Suswam (Benue), Jibrilla Bindow (Adamawa), and Achike Udenwa (Imo)—to former President Muhammadu Buhari at his Kaduna residence last week.

Although Atiku maintained the visit was merely a post-Sallah courtesy call, political observers and members of the ruling party believe it was part of broader opposition coalition talks aimed at weakening Tinubu’s political base.

“There is a plan for the major political parties to come together and form a strong opposition. But it is not part of our visit,” Atiku told reporters.

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In recent weeks, concerns have risen within the APC over speculated coalition efforts and the potential exit of the Congress for Progressive Change bloc from the party, following defections to the Social Democratic Party.

But the APC’s National Secretary, Senator Ajibola Bashiru, waved off the speculations in a phone interview with The PUNCH, questioning the credibility of the so-called CPC defection narrative.

“It is not true. Which CPC bloc did you people say is leaving? Was El-Rufai or Atiku a CPC member? Is our Vice National Chairman (North-West), Garba Datti Mohammed, and even former Governor Al-Makura not in the CPC? Have you heard any of them saying he is leaving?” Bashiru queried. “I don’t know why the media keeps giving these sorts of people unnecessary attention.”

Also reacting, President Tinubu’s Special Adviser on Policy Communication, Daniel Bwala, criticised the coalition talks, dismissing them as a desperate power grab by political misfits with no shared ideology.

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“This coalition is an association to grab power,” Bwala said. “That’s why you will hear Peter Obi say they are only there to grab power. Tomorrow, he will say he is considering joining. As for my senior brother, El-Rufai, I like what he is doing. He is using them to play ping pong.”

Bwala added that internal resistance within the Peoples Democratic Party had already disrupted El-Rufai’s attempts to lure the opposition into the SDP.

“When El-Rufai came, he thought he would move all of them to SDP. But His Excellency (Sule Lamido) screamed, ‘Hold it there!’ He reminded them that it was the PDP that made El-Rufai minister twice and gave him political relevance. Now, he wants to drag them out? We’re not going anywhere,” Bwala recounted.

The Presidency insists that despite the rising political noise, President Tinubu remained focused on governance and would not be distracted by alliances it described as unstable and self-serving.

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Credit: PUNCH

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Court dismisses suit seeking Oyo monarch’s removal

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An Oyo State High Court sitting in Ibadan has dismissed a suit contesting the nomination and installation of the Olugbon of Orile Igbon, Oba Francis Alao.

In his ruling on Monday, Justice K.A. Adedokun nullified the case for lack of jurisdiction.

Four members of the Akingbola family who instituted the suit contested the selection, appointment, and approval of Oba Alao as the Olugbon.

Justice Adedokun held that the court lacked the jurisdiction to entertain the matter, saying that the claimants had no locus standi to file the suit.

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He ruled that the case was defective as it failed to include Surulere Local Government, the authority legally empowered to initiate the selection process and approve the traditional ruler’s appointment.

Oba Alao, whose installation as Olugbon was ratified by the Oyo State government and traditional institutions, is the current vice chairman of the Oyo State Council of Obas and Chiefs.

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EFCC arraigns Chinese for giving false information in Lagos

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Unidentified EFCC Operative Takes Own life

The Economic and Financial Crimes Commission (EFCC) has arraigned a Chinese, Liu Beixiang, over alleged false information to an officer of the agency.

Liu was arraigned yesterday before Justice Ayokule Faji of the Federal High Court sitting in Ikoyi, Lagos.

The charge reads: “That you, Liu Beixiang (a.k.a Lao Liu), sometime in December 2024 in Lagos, within the jurisdiction of this honourable court, did give information, which you knew to be false, to an officer of the Federal Government of Nigeria in the discharge of his duties and thereby committed an offence contrary to Section 16 (1) of the Economic and Financial Crimes Commission (Establishment) Act, 2004.”

The defendant, however, pleaded not guilty to the offence when the charge was read to him. In view of his plea, the prosecution counsel, Babatunde Sonoiki, asked the court for a trial date and also prayed that the defendant be remanded in a correctional facility.

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But in his response, the defence counsel, F.A. Dalmeda, informed the court of an application submitted to the EFCC seeking a plea bargain.

“We filed an application for a plea bargain, and we also filed a motion for bail, which the EFCC responded to this morning.

“We need a date for us to report on the plea bargain.

Consequently, Justice Faji adjourned the matter till June 23, 2025, for a report on the plea bargain and remanded the defendant in a correctional centre.

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