The House of Representatives Committee on Financial Crimes has announced it is collaborating with the Economic and Financial Crimes Commission (EFCC) on measures to prevent corruption in Nigeria. The committee’s chairman, Ginger Onwusibe, made the statement at a workshop in Abuja, urging anti-corruption agencies to expand their focus beyond prosecution to include preventative strategies.
Onwusibe, who was represented by Austen Adesoro, the committee’s clerk, noted that his panel is working to propose amendments to the EFCC Act to grant the agency more power in tackling corruption. The workshop, organised by Barclays Global Consult Nigeria, saw participation from over 100 state and local government officers from Jigawa State.
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In his address, EFCC Chairman Ola Olukoyede, represented by Chinwe Ndubueze, acting commandant of the EFCC Academy, highlighted that 70 percent of Nigeria’s public sector issues stem from a lack of fiscal transparency. He warned that the diversion of funds meant for development has hindered the country’s progress.
Olukoyede stressed the need for accountable governance, urging public officers to recognise their influential roles in shaping the nation’s future. He concluded by pointing out that, with its vast resources, Nigeria should not be facing poverty.
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