You will shed tears if you see some of the investigations we are carrying out within the power sector – EFCC Chairman, Olukoyede
Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), recently shed light on the troubling level of corruption plaguing Nigeria’s power sector.
Speaking during an oversight visit by the House of Representatives Committee on Financial Crimes at the EFCC headquarters in Abuja, Olukoyede remarked that the extent of these corrupt practices is enough to “leave anyone in tears.”
“As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears.
People were awarded contracts to supply electricity equipment. Instead of using what they call 9.0 guage, they will go and buy 5.0.
Every time you see the thing tripping off, the thing gets burnt, and all of that, it falters and it collapses. It’s part of our problems,” he said
