EFCC chairman Olukoyede urges Nigerians to adhere to rules and regulations

The executive chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has emphasized the importance of Nigerians adhering to the rules and regulations of society.

He pointed out that the country’s corruption problem stems from a failure to comply with established rules.

During a courtesy visit at the corporate headquarters of the commission in Abuja, EFCC spokesperson Dele Oyewale stated that Olukoyede asserted this in response to a delegation from the Compliance Institute, Nigeria, CIN, led by its President, Pattison Boleigha.

He emphasized the importance of compliance and enforcement in their work, stating that the Commission is prepared to take legal action against those who do not adhere to the rules.

He believes that the key to success in any society lies in compliance with processes and procedures. The distinction between developed countries and underdeveloped ones boils down to compliance. Without compliance, developed countries would be just as impoverished as underdeveloped countries. If we can achieve compliance, then we can confidently say that we have successfully addressed governance and corporate governance in Nigeria.

In his address, Boleigha mentioned that the visit was an opportunity for the commission to engage in collaboration and establish a mutually beneficial relationship regarding compliance matters.

The speaker expressed gratitude towards Olukoyede for his significant contributions to the areas of compliance management, corporate intelligence, and fraud management. The speaker acknowledged Olukoyede’s impressive track record of conducting anti-corruption surveys and reviews for law enforcement agencies, government institutions, and corporate organizations. Additionally, the speaker commended Olukoyede’s commitment to manpower development, which demonstrated his dedication and expertise.