I Wonder How Nigeria Survives Despite Huge Amount Of Money Stolen – EFCC Chairman

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has shared his frustration over the level of corruption in the country.

Speaking while receiving the management team of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) led by its Chairman, Mohammed Shehu, Olukoyede said anytime he checks case files and sees the amount stolen, he wonders how the country still exists

He said if Nigerians saw some case files they would weep.

He said public corruption ranks as the biggest cause of corruption in Nigeria, adding that if public corruption was taken out of the polity, the country would fare better.

“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.

“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.”

He stressed that transparency and accountability should be embedded in both the public and private sectors for optimal development of the country.
Olukoyede, who noted that corruption poses a huge challenge to the country, 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.