Home NewsShettima Lauds EFCC Over Anti-Graft Gains, Says Efforts Restored Investor Confidence, Improves Economy Outlook

Shettima Lauds EFCC Over Anti-Graft Gains, Says Efforts Restored Investor Confidence, Improves Economy Outlook

by Torkuma Gbor
0 comments

Vice President Kashim Shettima has lauded the Economic and Financial Crimes Commission (EFCC) for its contribution to improving Nigeria’s investment climate, noting that its anti-corruption and anti-money laundering operations were instrumental in the country’s exit from the Financial Action Task Force (FATF) grey list.

‎He gave the commendation on Tuesday during the commissioning of the EFCC’s new zonal office in Ado-Ekiti, Ekiti State, where he also reaffirmed the Federal Government’s commitment to strengthening anti-graft institutions.

‎Shettima said the Commission had become a key pillar in Nigeria’s economic and national security framework through its sustained fight against corruption, financial crimes, cybercrime and illicit financial flows.

‎According to him, the EFCC’s efforts not only contributed to Nigeria’s removal from the FATF grey list but also boosted investor confidence and improved perceptions of the country’s economic reforms.

‎“Corruption remains one of the greatest threats to national development and public trust,” the Vice President said, adding that the Tinubu administration considers the anti-corruption drive central to its governance agenda.

‎He stressed that government would continue to support the Commission through improved infrastructure, better welfare conditions, operational backing and capacity development for personnel.

‎Shettima also highlighted recent achievements of the agency, including multiple convictions in cybercrime-related cases and the recovery of funds redirected into social investment programmes such as the Student Loan Scheme.

‎He urged stronger inter-agency collaboration, warning that money laundering networks often fuel insecurity and other forms of organised crime.

‎In his remarks, Ekiti State Governor Biodun Oyebanji described the establishment of the zonal office as a significant step toward improving access to justice and strengthening anti-corruption enforcement in Ekiti and neighbouring Ondo State.

‎He noted that the state government provided support for the project, including a 220KVA generator, to ensure smooth operations.

‎Oyebanji added that the absence of a nearby EFCC office had previously forced residents, victims, and investigators to travel long distances, making the pursuit of justice more difficult and costly.

You may also like

Leave a Comment