President Bola Tinubu appoints new EFCC Chairman

President Bola Tinubu has designated Mr. Ola Olukoyede as the new Chairman of the Economic and Financial Crimes Commission (EFCC). This appointment, made by the powers vested in President Tinubu as outlined in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, signifies a pivotal development.

Olukoyede, as described by the presidential spokesman, Ajuri Ngelale, is a legal luminary with a remarkable track record spanning over 22 years. He specializes in regulatory compliance, fraud management, and corporate intelligence, making him an apt choice for this significant role.
Notably, he boasts extensive familiarity with the inner workings of the EFCC, having previously served as Chief of Staff to the Executive Chairman from 2016 to 2018 and subsequently as Secretary to the Commission from 2018 to 2023.

This wealth of experience positions him as a candidate who fully satisfies the statutory prerequisites for the EFCC Chairmanship.

Olukoyede’s appointment results from the resignation of the suspended Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa, adding a new dimension to the EFCC’s leadership.
Furthermore, President Tinubu has also given his nod to the appointment of Muhammad Hassan Hammajoda as the Secretary of the anti-graft Commission, signifying a forward-looking approach. Hammajoda brings a background in public administration, coupled with substantial experience in public finance management.

He holds a Bachelor of Science in Accounting from the University of Maiduguri and a Masters in Business Administration from the same institution. His career journey, which commenced as a lecturer at the Federal Polytechnic, Mubi, has seen successful stints in the banking sector, including notable roles at the defunct Allied Bank and Standard Trust Bank.

President Bola Tinubu’s charge to the new Economic and Financial Crimes Commission (EFCC) leadership is crystal clear. He entrusts them with the responsibility of justifying the immense confidence vested in them for this crucial national assignment. Their task is set within a reinvigorated war on corruption, grounded in a reformed institutional architecture within the anti-corruption sector. This mission forms an integral part of the President’s Renewed Hope agenda, emphasizing the gravity and urgency of the battle against corruption in Nigeria.