Close Menu
Chronicle NG
    Trending Stories
    Banks to deduct 10% withholding tax on foreign currency deposits Jan 1

    Banks to deduct 10% withholding tax on foreign currency deposits Jan 1

    December 31, 2025
    Equatorial Guinea go through as Group E runners-up

    Equatorial Guinea players banned for insulting referee

    December 31, 2025
    2027 Election: 'Obi welcomed to be Labour Party presidential candidate,' Abure camp discloses

    Labour Party liberated by Obi’s defection to ADC – Abure

    December 31, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Banks to deduct 10% withholding tax on foreign currency deposits Jan 1
    • Equatorial Guinea players banned for insulting referee
    • Labour Party liberated by Obi’s defection to ADC – Abure
    • Mali, Burkina Faso impose reciprocal travel ban on US citizens
    • Wike accuses Fubara of breaking Tinubu-brokered agreement
    • Kiribati’s Christmas Island rings in 2026 first as the world follows
    • Nigeria’s civil service goes fully paperless in landmark digital reform
    • Rice mill collapse in Kebbi kills one, traps many
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Wednesday, December 31
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    EFCC under Olukoyede empowered, independent – Tinubu

    Opalim LiftedBy Opalim LiftedOctober 21, 2025No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    EFCC under Olukoyede empowered, independent – Tinubu
    EFCC Chairman, Ola Olukoyede
    Facebook Twitter WhatsApp

    President Bola Tinubu has praised the Economic and Financial Crimes Commission (EFCC) under Ola Olukoyede for demonstrating efficiency and independence in the fight against corruption.

    Speaking at the opening of the 7th EFCC–National Judicial Institute (NJI) Capacity Building Workshop for Justices and Judges on Monday, Tinubu, represented by Vice President Kashim Shettima, said his administration had prioritised strengthening anti-graft institutions with the autonomy and resources required to deliver results.

    He disclosed that the EFCC had secured over 7,000 convictions and recovered assets worth more than N500 billion in the first two years of his administration.

    According to him, proceeds from these recoveries are being redirected into key social investment schemes such as the Students’ Loan and Consumer Credit programmes.

    “As an administration, we have prioritised public accountability by strengthening anti-corruption agencies and giving them the independence to execute their statutory mandates,” Tinubu said.

    The President stressed the crucial role of the judiciary in ensuring the sustainability of anti-corruption efforts and urged judges to deliver fair and timely judgments in corruption-related cases.

    Tinubu: EFCC secured 7,000 convictions, recovered N500bn in two years
    President Bola Tinubu

    “A Nigeria free of corruption is possible if we all commit to doing what is right and ensuring that those who deviate from the norm are held accountable, a robust judicial system remains central to the success of our anti-corruption fight.”

    • Tinubu: EFCC secured 7,000 convictions, recovered N500bn in two years

    Tinubu also warned that corruption continues to threaten national development, calling for stronger collaboration between the judiciary and anti-corruption agencies to restore public trust in justice delivery.

    “Courts and judges are strong pillars of the anti-corruption process, unless citizens believe that those who pillage our resources will be brought to justice through a fair process, doubts over our commitment to fighting corruption will persist.” he said

    EFCC Chairman Ola Olukoyede, in his remarks, acknowledged the judiciary’s vital role in promoting accountability but lamented the slow pace of high-profile corruption cases in Nigerian courts.

    “The milestones we have recorded are often overshadowed by public concern over the pace of high-profile cases. Some cases filed 15 or 20 years ago remain unresolved due to procedural delays and frivolous adjournments,” he said.

    He decried what he called the weaponisation of procedures by defendants who exploit legal loopholes to stall trials, warning that such delays weaken public confidence in the justice system.

    “When trials drag endlessly, witnesses lose interest, memories fade, and public trust erodes. In the end, corruption becomes the only winner,” Olukoyede said.

    He further expressed concern over conflicting court rulings and ex parte orders that undermine the EFCC’s powers to investigate financial crimes.

    “The Commission is disturbed by cases where state high courts attempt to restrict our authority in money laundering matters, even when such cases fall clearly outside their jurisdiction,” he noted.

    Olukoyede urged judges to uphold national interest and ensure their decisions do not impede anti-corruption efforts, adding that partnership between the bench and law enforcement remains vital to achieving justice.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Banks to deduct 10% withholding tax on foreign currency deposits Jan 1

    Banks to deduct 10% withholding tax on foreign currency deposits Jan 1

    2027 Election: 'Obi welcomed to be Labour Party presidential candidate,' Abure camp discloses

    Labour Party liberated by Obi’s defection to ADC – Abure

    Mali, Burkina Faso impose reciprocal travel ban on US citizens

    Mali, Burkina Faso impose reciprocal travel ban on US citizens

    Fubara embraces peace, buries hatchet with Wike

    Wike accuses Fubara of breaking Tinubu-brokered agreement

    Kiribati’s Christmas Island rings in 2026 first as the world follows

    Kiribati’s Christmas Island rings in 2026 first as the world follows

    Nigeria’s divil service goes fully paperless in landmark digital reform

    Nigeria’s civil service goes fully paperless in landmark digital reform

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Banks to deduct 10% withholding tax on foreign currency deposits Jan 1

    Banks to deduct 10% withholding tax on foreign currency deposits Jan 1

    December 31, 2025
    Equatorial Guinea go through as Group E runners-up

    Equatorial Guinea players banned for insulting referee

    December 31, 2025
    2027 Election: 'Obi welcomed to be Labour Party presidential candidate,' Abure camp discloses

    Labour Party liberated by Obi’s defection to ADC – Abure

    December 31, 2025
    Mali, Burkina Faso impose reciprocal travel ban on US citizens

    Mali, Burkina Faso impose reciprocal travel ban on US citizens

    December 31, 2025
    Fubara embraces peace, buries hatchet with Wike

    Wike accuses Fubara of breaking Tinubu-brokered agreement

    December 31, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.