Sun Sep 08 00:09:15 UTC 2024: ## EFCC Under Olukoyede: Promises vs. Performance – A Year On

**One year after taking the helm of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede faces scrutiny over his performance and the agency’s long-standing lack of transparency.**

Olukoyede, the first southerner and pastor to hold the position, initially garnered widespread support with promises of a “newly invigorated war on corruption.” He swiftly implemented measures such as asset declaration for all staff, freezing of suspicious accounts, and public denouncement of corruption by officials.

Despite these initial actions, concerns are mounting about the EFCC’s lack of transparency, particularly concerning the agency’s annual report, mandated by law to be submitted to the National Assembly. The report, crucial for public accountability, has been consistently missing, with only one submission in 2006. This pattern of non-transparency has led some to label the EFCC as the “Economic and Financial Crimes Collusion.”

**The question now is whether Olukoyede will uphold his promises and deliver a comprehensive and public annual report, as required by law.** This report will be a crucial indicator of the EFCC’s true commitment to fighting corruption and will reveal whether Olukoyede’s leadership represents a meaningful change or simply a continuation of the agency’s past failings.

**The article also highlights the increasingly precarious situation facing Nigerian journalists, who are facing threats and intimidation in their efforts to hold the government and institutions accountable.** The author urges journalists to stand in solidarity with each other and to continue reporting on corruption, despite the risks.

**Ultimately, the article serves as a stark reminder that promises of reform are not enough.** True accountability requires transparency, independent oversight, and a commitment to upholding the rule of law. The EFCC, under Olukoyede, faces a crucial test in delivering on its promises and regaining public trust.

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