Obi Praises Olukoyede For Raising Alarm On Treasury Looting

Former Presidential candidate of the Labour Party, Peter Obi, has praised the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, for raising alarm on treasury looting by public officials.

Peter Obi said Olukoyede’s alarm confirmed his constant advocacy on the need to prioritize tackling corruption that has ravaged the economy and kept the citizens poor.

Obi, on Monday afternoon, urged the EFCC chairman to focus investigation on corruption and grand theft in government and public asset management.

He listed oil theft, budget padding, contract inflation, embezzlement and misappropriation of public funds as areas that required special attention from EFCC.

“The recent alarm that was raised by the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede on the massive looting of our treasury and assets by public officials in Nigeria deserves commendation.

“I have consistently advocated for prioritizing the tackling of grand corruption, which has ravaged our economy and impoverished our citizens. I urge anti-graft agencies to focus on investigating grand theft and corruption in government and public asset management, such as oil theft, budget padding, contract inflation, embezzlement, and misappropriation of public funds.

“It’s also crucial to hold those who engage in cronyism and nepotism. Lesser agencies can handle minor cases of petty theft and money spraying at parties.”

The former governor of Anambra State said “enough is enough” He commended Ola Olukoyede’s resolve to confront the scourge of corruption as laudable.

He added that Nigerians must hold those looting the country’s treasury accountable. He said public confidence and strengthening of institutions can be restored when citizens join hands in the fight against corruption.

“The EFCC chairman’s resolve to confront this scourge head-on is laudable, and I urge him to remain steadfast in his pursuit of verifiable cases. Together, we must ensure that those responsible for this large-scale pillage are held accountable and that our nation’s wealth is protected for the benefit of all Nigerians.

“By prioritizing high-impact cases, we can restore public trust, strengthen institutions, and ensure leadership that saves enough funds for healthcare, education, and infrastructure, pulling people out of poverty. It is time for accountability and transparency to prevail,” Obi said.