WHY NIGERIA IS STILL FIGHTING CORRUPTION – EFCC BOSS

Babatunji Wusu –

Ola Olukoyede, the executive head of the Economic and Financial Crimes Commission (EFCC), emphasized the necessity of adhering to rules and regulations for the country’s progress and development.
He stressed that a failure to comply with these standards is the underlying source of corruption in the country.

The EFCC Chairman revealed this during a courtesy visit by a delegation from the Compliance Institute Nigeria (CIN) in Abuja on Thursday.

Olukoyede expressed his support and dedication to CIN, noting a lack of compliance as the root source of corruption in the country.

According to him, “The success of any process or procedure in any society is based on the issue of compliance. The difference between developed countries and undeveloped ones is simply compliance.

“If you take compliance out of developed countries, they would be as terrible and as poor as the undeveloped countries. If we get it right with compliance, we have gotten it right with governance and corporate governance in Nigeria.”

“Compliance has been dear to my heart. It is the core of my professionalism and practice. So, you have found the right partner in me.

“We are ready on our part in EFCC to collaborate with you. The essence of our work is compliance and enforcement. We make people play by the rules and if they don’t, we apply the force of law. We are ready to cooperate and collaborate with you. We will support your activities and your programmes.”