2027: “Some Gov’ship aspirants spent ₦20bn-₦30bn in party primaries” – EFCC Boss

EFCC Boss on aspirants

Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, in Ilorin yesterday, hinted that some governorship aspirants in Nigeria spent between ₦20 billion and ₦30 billion to secure electoral victory. Delivering the inaugural High-Level Guest Speakers’ Series organised by the Centre for Peace and Strategic Studies (CPSS), University of Ilorin, on the theme: ‘De-risking and Mobilising Critical Stakeholders for Peaceful and Credible 2027 Elections in Nigeria’, Olukoyede said that huge financial resources deployed during elections often compel elected officials to divert public funds after assuming office in a…

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Era of freezing accounts containing proceeds of fraud over EFCC Chairman

Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says the era of placing ‘Post-No-Debit’ (freezing) on individual and companies accounts is over. The Chairman said this when the Small and Medium Enterprise Development Agency of Nigeria, (SMEDAN) paid him a courtesy visit at the EFCC headquarters, Abuja. According to Olukoyede, the Commission will separate proceeds of crime from legitimate funds to allow businesses to grow in the country.He said: Businesses, as growing concerns, have to grow. We have to allow them to grow. These are people having…

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