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EFCC VOWS TO TACKLE CONTRACT PROCUREMENT FRAUD IN NIGERIA

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukayode, has announced that the agency is intensifying efforts to combat corruption at its roots to prevent its proliferation across departments, ministries, and agencies.

Olukayode made the statement during a statewide consultative meeting in Kano, held at the Aminu Kano Centre for Democratic Studies (Mambayya House). The meeting, organised by the Resource Centre for Human Rights and Civic Education (CHRICED), was themed: “Fostering Transparency, Accountability, and Citizen Participation in the Fight Against Corruption in Nigeria.

“We are now focusing on monitoring ministries, departments, and agencies, particularly their contracts and procurement processes,” Olukayode explained.

“We check whether these processes conform to legal provisions and whether there are any under-the-table deals. Most corruption stems from fraudulent contracts and procurement practices. By sanitising these processes, we can improve project delivery and reduce corruption.”

He elaborated that the EFCC is now involved from the moment funds are released, ensuring transparency throughout the contract process and monitoring project execution.

“While we cannot completely eradicate corruption in Nigeria, our goal is to clean up these processes to significantly reduce corruption and improve project outcomes,” he added.

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