Corruption fuels poverty, infrastructure gaps in Nigeria — Olukoyede

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Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has renewed calls for stronger collaboration among anti-corruption agencies to tackle financial crimes and corruption more effectively.

Olukoyede spoke in Abuja during the signing of a Memorandum of Understanding (MoU) between the EFCC and the Code of Conduct Bureau (CCB), led by its Chairman, Abdullahi Bello, according to a statement posted on the commission’s X handle on Wednesday.

Describing corruption as a major impediment to national development, the EFCC boss linked it to poverty, hunger, inadequate infrastructure and widespread underdevelopment. He stressed that greater synergy among agencies was critical to confronting the menace.

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“All of us are key players in the anti-corruption fight. If we make up our minds to work together and confront it frontally, we can take Nigeria out of this mess. We must not compete; we must collaborate with sincerity of purpose,” Olukoyede said.

He urged effective implementation of the MoU, noting that both agencies had previously benefited from intelligence sharing, technical cooperation and administrative support.

In his remarks, Bello described the agreement as a milestone in strengthening institutional partnership between the CCB and EFCC. He emphasised that corruption cannot be tackled in isolation and that intelligence sharing would be central to the renewed collaboration.

Bello added that the CCB’s comprehensive database of assets and liabilities declared by public servants would remain a critical tool in joint investigations and asset tracing.

Under the MoU, both agencies agreed to deepen cooperation in joint investigations, coordinated asset recovery, capacity building, technological collaboration and public enlightenment campaigns to promote transparency and accountability in public life.

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