The Senate President, Godswill Akpabio, has announced that the Nigerian Senate is determined to review the Economic and Financial Crimes Commission (EFCC) Act. Akpabio emphasized that the EFCC should operate as a prosecution agency rather than a persecuting one, reflecting the need for significant reforms within the organization.
During the confirmation process for Olu Olukayode and Mohammed Hamajoda as Chairman and Secretary of the EFCC, respectively, Akpabio shared his personal experience as a target of political opponents leading up to the 2023 general elections. He revealed that a baseless petition had been written against him, to which he responded by stating that he would not dignify such allegations. Regrettably, the former EFCC Chairman leaked his private letter, complete with the EFCC stamp, to an online news platform known as Sahara Reporters.
Akpabio adamantly stated, “I won’t dwell on the issue with the EFCC. We hold the gavel in this esteemed chamber, and we will undertake necessary amendments to strengthen the EFCC Act and enhance the agency’s effectiveness.”
The statement by the Senate President demonstrates the determination of the Nigerian Senate to uphold transparency, accountability, and fairness within the EFCC. By reviewing and strengthening the Act that governs the operations of the agency, the Senate aims to ensure that the EFCC can effectively carry out its critical mandate of combating financial crimes in the country.
The amendment will seek to redress the perceived imbalance between the powers of the EFCC and the rights of individuals who come under its scrutiny. The revised Act will establish clearer guidelines to prevent misuse of power, protect the rights of individuals under investigation, and emphasize fair and impartial investigations and prosecutions.
This revision of the EFCC Act is a significant step towards the overall reform of Nigeria’s anti-corruption agencies. By enhancing the legislative framework, the Nigerian government aims to strengthen the ecosystem for fighting corruption to attract international investment and promote economic growth.
Ultimately, the amended EFCC Act will bolster public confidence in the agency, reinforcing its credibility as a crucial institution in Nigeria’s fight against corruption. By ensuring that the EFCC operates as a truly prosecuting agency, the Senate is taking firm strides towards building a more just and equitable society.
