Friday, 2 December 2016

EFCC Acting Chairman, Magu blames recession on corruption

Acting Chairman of the Economic and
Financial Crimes Commission, EFCC,
Ibrahim Magu has said that there is a
nexus between corruption and economic
recession.
Magu who was speaking on Thursday,
December 1, when he visited the Naval
Headquarters in Abuja on a courtesy call
said the recession prevalent in Nigeria
today was as a fall out of the corruptive
tendencies of our leaders….
According to him, except Nigerians resolve
collectively to abhor corruption in all
forms, there will be no future for the
youths. He also said that it is disturbing
that federal, State and Local Government
allocations are persistently being
misappropriated.
“If 50 percent of the allocations at the three
tiers of governments are judiciously put to
use, we would not be where we are in
terms of underdevelopment and
infrastructural decay,” he explained.
The EFCC Boss said that his visit to the
Naval headquarters was in furtherance of
the inter-agency collaboration between the
EFCC and other government agencies.
“EFCC alone cannot fight corruption; we
need all hands to be on deck. We have
come to appreciate you for the robust
relationship that exists between the EFCC
and the Nigerian Navy, and we want to
leverage on that to stem corruption in
Nigeria”, Magu said.
He appealed to the Chief of Naval Staff,
Vice Admiral Ibok-Ete Ekwe Ibas to help
mobilize women in Uniform, especially in
the Nigerian Navy, to come out
onDecember 7,to be part of the flag off of
the Women Against Corruption
programme by the wife of the President,
Aisha Buhari.
The Chief of Naval Staff, in his response
agreed with the EFCC Chairman when he
said “corruption fuels insecurity and
responsible for lack of development. We
just cannot afford to continue like that”.
He however advised the EFCC chairman
that more attention should also be paid to
corruption in the private sector. He also
said that after the flag off of the Women
Against Corruption programme, “efforts
should be made to look seriously in the
direction of the children as there is the
need to catch them young”.
“In whatever you are doing, be rest
assured that we would be there to support
you in kill corruption in Nigeria; because
like the President said, if we don’t kill
corruption, corruption will kill us.”


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