Governors fuel insecurity to raise security votes – EFCC

By AdvocateNews on 02/05/2019

Share on facebook Yahoo mail icon Gmail icon

Views: 845


The acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, on Wednesday alleged that some state governors deliberately fuelled insecurity in their states just to collect more money as security vote.

He noted that some of the governors “now covertly promote insecurity as justification to inflate their security vote.”

Magu also alleged that there was a link between corruption, banditry and terrorism.

He spoke in Abuja at the induction programme for returning and newly-elected state governors held at the Presidential Villa.

His allegations were contained in a paper, titled,  “Imperative of Fighting Corruption/Terrorism Financing in Nigeria,” which he presented during the programme.

Magu told the session that a debate on the legality of the security vote enjoyed by the governors was ongoing but he chose to refrain from joining the fray.

He said, “We have also seen evidence of theft of public resources by some state governors –  cashing in on the insecurity in their states.

“Insecurity has also offered the required oxygen for corruption to thrive as evident in the $2.1bn arms procurement scandal involving top military commanders both serving and retired.”

On corruption and insurgency, he argued, “Mass poverty in the region, due in part to corruption by the ruling elite, is largely to blame for the ease with which the Islamists are able to recruit fighters to sustain their aggression against the Nigerian state.”

He added, “As an investigator, I am shocked by the quantum of resources stolen from the Niger Delta Development Commission by those who run the intervention agency. It is so bad that even a mere personal assistant to a former Managing Director was charged with stealing over N3bn.”

He called on the governors to avoid stealing of public funds, saying, “Whether we like it or not, corruption and terrorism have become the twin evils, undermining our collective efforts to make Nigeria a truly great country.”

The EFCC boss also gave the figures of the recoveries made by the agency between 2017 and the 2018.

According to him, in 2017, the recoveries were N473.065bn, $98m, €7m and £294,000.

In 2018, the sum of N236.16bn was recovered, according to Magu.

Posted 02/05/2019 06:49:36 AM


Share on facebook Yahoo mail icon Gmail icon


You may also like...
PDP convention: Atiku speaks on Buhari’s anti-corruption war,...

Inflation drops for eighth consecutive months to 15.98%...

We were embarrassed in Jerusalem, says Clergy

Allegation of fraud.against Orji, Son most uncharitable --Group...

Northern Nigeria under siege, people now buy anti-bullet...

I’m still in EFCC custody, not yet free...

Senatorial candidate weeps in court

Obasanjo, NUT, ASUU lament rising number of out-of-school...

Elections: I look forward to a successful transition,...

Five randy teachers allegedly impregnate SS3 pupil

CSOs give FG 14-day ultimatum over Sowore

Obi of Onitsha calls for restructuring


Latest News CBN didn’t ban domiciliary accounts deposits – Spokesman I didn’t forge NYSC exemption certificate – Bayelsa dep gov 2 feared dead, female aspirant stripped in bloody Ebonyi councillorship primaries clashes How SARS Officers Allegedly Kill Nigerian Footballer Tiyamu Kazeem in Sagamu Buhari commits constitutional breach by closing Nigeria’s land borders, lawyer tells court Boko Haram menace will end in matter of days, Says Buratai How our husband chained us up, put pepper in our private parts– Katsina housewives locked up for 10 months Poverty, illiteracy, unemployment in the north alarming –Minister Abacha loot: US tackles FG over alleged $100m largesse for Kebbi gov Enugu gov set to tackle insecurity, signs bill into law Airstrikes kill key ISWAP leaders In Borno, Says NAF Security situation 'll get worse – Ekweremadu


Most Read Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (16,161 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (15,905 views) ASUU strike: Senate intervention ends in deadlock (15,094 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (14,077 views) All you need to know about Peter Obi, PDP VP Candidate (13,965 views) Sickle cell support group seeks lgovernment intervention (13,131 views) Ebonyi bans embalming of corpses in homes (12,890 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (12,011 views) The Big Kick-off: World greatest sports fiesta begins in Russia (11,562 views) France wins 2018 World Cup Final (11,513 views) England beat Spain to win U17 World Cup final (11,462 views) Doctors in Enugu decry high personal income tax deductions (11,288 views)





Julius Agwu - Crazy Interview Demands