The acting Chairman of the EFCC pledges to be firm, fair in Anti-graft war

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

$4.5bn: Court Admits More Evidence Against Emefiele

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on October 9,2025, admitted more evidence against a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an alleged $4.5bn fraud. Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demand preferred against him by…

NEITI Warns of Deepening Transparency Crisis, Says Nigeria Lost $3.3bn to Oil theft, Sabotage

By Obinna Uballa Nigeria lost an estimated 13.5 million barrels of crude oil valued at $3.3 billion to theft and pipeline sabotage between 2023 and 2024, the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed. Executive Secretary of NEITI, Dr. Ogbonnaya Orji, disclosed this on Thursday at the 2025 Association of Energy Correspondents of Nigeria…

Oil Eases over 1.5% after Gaza ceasefire

Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures were…

Ad

ibrahim-MaguTO give the nation’s fight against corruption more credibility, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Malam Ibrahim Magu, has pledged to be firm, fair and effective in tackling cases brought to his organisation.

He also stressed that he would be guided by fear of God, national interest and the rule of law.

Magu, who made the declaration during an interaction with media owners yesterday, at Ibis Hotel, Ikeja, Lagos, pleaded with the media to give him some time to look into some pending high-profile cases stuck with the commission, pointing out that part of his immediate challenges was how to erase the negative public perceptions about EFCC.

He recalled that though at inception the commission took off with a little above 30 workers and no funding, EFCC was able to make a mark through the determination and doggedness of the officers .
He added that public consciousness about corruption then helped to check impunity and criminality.

While pledging to work collaboratively with the media in the onerous task of stamping out corruption and economic crimes, the EFCC boss explained that much as he appreciated the crucial supportive roles of the media, he did not reckon with fabrications and sensational stories.

“I decided to hold this meeting with you because I believe we all have a role to play in this task of fighting corruption. You are free to criticise me both constructively and otherwise but I do not like outright fabrications that are calculated to make the commission look bad,” he stated.

Magu assured the media chiefs that he would run an open administration so as not to keep them in the dark about what the EFCC was doing stressing, “I am really determined to carry you along; we have a duty to save this country.”

Against the background of a plethora of issues, comments and suggestions raised by the media owners, the acting EFCC chairman said he would do his best and strive not to make deliberate mistakes, pointing out that being human he was not immune to mistakes.

Most of the issues of concern to the print and electronic operators include the prolonged and shoddy prosecution of high-profile cases, plea bargaining, corruption among operatives and sparse information dissemination by the commission as well as the case of diversion of over N1trillion of confiscated assets by the former chairman, Ibrahim Lamorde.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp