Journal articles: 'Nigeria. Economic and Financial Crimes Commission'

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CHIOKE, Stephen Chinedu, Basil Chukwuemeka NWANKWO, Ikeotuonye Victor OKONKWO, and Florence C. AGBODIKE. "ECONOMIC AND FINANCIAL CRIMES COMMISSION (EFCC) AND WAR AGAINST WHITE-COLLAR CRIMES IN NIGERIA." Journal of Public Administration, Finance and Law 29 (2023): 97–110. http://dx.doi.org/10.47743/jopafl-2023-29-09.

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The activities of corrupt individuals engaged in white-collar crimes still persist despite EFCC’s existence. This study was thus conducted to examine: the achievement of EFCC on containing money laundering and misappropriation of funds in Nigeria; and the implementation of EFCC’s anti-graft mandate in terms of obtaining money by false pretense and fraudulent banking in Nigeria. The study adopted scooping and survey method wherein 301 participants were sampled from selected states in Nigeria. It revealed that the fight against money laundering and misappropriation of funds; and obtaining money by false pretense and fraudulent banking were to a low extent implemented by EFCC. This finding is sacrosanct for understanding the dynamics of the anti-graft war in Nigeria. The study’s originality/value stems from its departure from the apparently over flogged issues regarding causes and/or effects of corruption to interrogating the extent of the performance of EFCC’s objectives through mixed method design.

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Suleiman, Naziru, and Aidi Ahmi. "Investigation in the Net of the Nigerian Economic and Financial Crimes Commission (EFCC): A Case Study." Journal of Social Sciences Research, SPI6 (December 25, 2018): 701–8. http://dx.doi.org/10.32861/jssr.spi6.701.708.

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The objective of this paper is to understand the investigation of economic and financial crimes by the Nigeria’s Economic and Financial Crimes Commission (EFCC). Thus, the study through the use of case study from the qualitative research paradigm attempts to understand from the perspectives of experts from EFCC, the investigation of categories of economic and financial crimes. The findings revealed the concentration on the investigation of Public Sector Corruption (PSC) as compared to other forms of economic and financial crimes. Therefore, the paper recommends the strengthening of the investigation capacity of the EFCC to cover all forms of economic and financial crimes. Notwithstanding the need to stem the tide of PSC in Nigeria, other forms of economic and financial crimes equally have the tendency to retard the country backward in all its developmental processes.

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Akogwu Chukwunonso, Joseph, Dennis Ezeh Kelechukwu, Ojo Idowu Akinwumi, Udoji Raphael, and Aideloje Sunday. "Economic and Financial Crimes Commission and Anti-Corruption Crusade in Nigeria, (2015-2020)." International Journal of Research and Innovation in Social Science VII, no. XII (2023): 431–50. http://dx.doi.org/10.47772/ijriss.2023.7012036.

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Corruption has proven to be intractable in Nigeria, with resultant consequences on the political, economic and socio-cultural development of the nation. Though past military regimes, before the return to democratic government in 1999, initiated series of anti-corruption crusades at various times, corruption in high and low places continued to be on an alarming increase. With the return to democratic governance, President Olusegun Obasanjo saw to the establishment of the Economic and Financial Crimes Commission (EFCC) in 2002, which amongst others is vested with the responsibilities of prevention, investigation and prosecution of individuals, groups and institutions found culpable or corrupt, and unearth frauds and recover public loots in the country. After over a decade of the commission’s existence in the country, corruption remain a pandemic, which informed President Muhammadu Buhari’s second major promise during his campaign in 2015, to fight and completely eradicate corruption. Between 2015 and 2020, a lot a successes and failures have punctuated the activities of the commission and this is the thrust of this study. The Institutional Approach was used as the theoretical framework for the study and we relied on materials collected from secondary sources. Among other recommendations of the study, the Federal Government of Nigeria should speedily take steps to establish special courts to deal specifically with corruption cases while the Judicial Service Commission and the Nigeria Bar Association should be strengthened to deal firmly with alleged cases of corruption or misconduct involving Judges and lawyers respectively.

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Ogwiji, Joseph. "Forensic Accounting and Financial Crimes: An Empirical Evidence from Operatives and Trainers of the Economic and Financial Crimes Commission, Academy, Nigeria." European Journal of Accounting, Auditing and Finance Research 11, no. 3 (March 15, 2023): 54–66. http://dx.doi.org/10.37745/ejaafr.2013/vol11n35466.

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Financial crimes in the public sector continue to be on the increase despite the effort of the Nigerian government in preventing the incidence of fraud and corruption through measures, such as establishing and strengthening organs of accountability and promoting the global best corporate practices. In view of this challenges, it become necessary to examines the effect of attributes of forensic accountants– Investigation of financial Crime and Corruption Skill (ICC), Knowledge and Expertise (KE), Litigation Support Services (LSS) on the financial crime (FC) in Nigerian public sector. The study employed cross-sectional design and a survey method. of the 110 questionnaires distributed, 53 questionnaires were returned valid and analysed. The study used PLS-SEM (SmartPLS 3.0) and IBM SPSS ver. 20.0 as the primary statistical analysis tools. The results of the study confirm that Knowledge and Expertise and Support Services of a forensic accountant has a significant positive effect on Financial Crime and it shows that investigation of crime and corruption has an insignificant negative effect on financial crime. Thus, the findings revealed that the forensic accountant attributes have significantly higher levels of KE, LSS on FC concerning fraud prevention, detection, management and response. Also, investigation of corruption discourages financial crime though not on high. The implication of this study might result in the overall reduction of fraud and fraudulent acts, promote institutional, regulatory and legal framework, and create awareness amongst the accounting and auditing institutions in the Nigerian public sector.

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Umar, Bello, Umar Abbas Ibrahim, and Peter Eriki. "Forensic Accounting and Incidence of Fraud Detection." International Journal of Finance & Banking Studies (2147-4486) 9, no. 2 (June 5, 2020): 72–81. http://dx.doi.org/10.20525/ijfbs.v9i2.680.

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The study described and explained forensic accounting and the incidence of fraud detection in Nigeria. The objectives of this study were to identify personal skills requirements and, assess the types of investigative techniques used in forensic accounting. A literature review was conducted to set up the conceptual and theoretical framework for the study. A quantitative approach was used by administering a structured questionnaire. A total of 101 investigators from Economic and Financial Crimes Commission (EFCC) were used as sample for the study. We employed Jarque Bera statistics to conduct the analysis using the E views software. There is a significant relationship between forensic accounting personal skills; investigative techniques and fraud detection in Nigeria. The scope of the study was only in Nigeria and all samples were drawn from the Economic and Financial Crimes Commission (EFCC). The study concluded despite all fraudulent activities, forensic accounting is proffering solutions for fraud prevention and detection in Nigeria. It was recommended for practitioners to engage in further training on forensic accounting personal skills and techniques.

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Umar, Ibrahim, Rose Shamsiah Samsudin, and Mudzamir bn Mohamed. "Ascertaining the effectiveness of Economic and Financial Crimes Commission (EFCC) in tackling corruptions in Nigeria." Journal of Financial Crime 25, no. 3 (July 2, 2018): 658–68. http://dx.doi.org/10.1108/jfc-01-2017-0003.

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Purpose The purpose of this paper is to appraise the Nigerian Economic and Financial Crimes Commission (EFCC) of their role in tackling systemic corruptions and to associate how institutional and organizational factors influence the performance of the EFCC. Design/methodology/approach Data were gathered through in-depth interviews, non-participatory observations and documentary analysis. Findings The results of the integrative analysis show that the EFCC has apparently been ineffective, and further improvization of the organization is needed. Poor performance of the EFCC was associated with factors such as lack of commitment, inefficient judiciary, insufficient budgets and incompetent personnel. Practical implications This study recommends further improvements in the form of a greater political will, improved legal process and also elevated budgetary funds and recruitment of personnel to the EFCC. Originality/value The study adopted a descriptive, qualitative case study approach to describe the current state of the EFCC in Nigeria.

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Oluwadamilare, Ikusemiju Ayokunle, and Anthony Ekwueme. "NEWSPAPER FRAMING OF THE ACTIVITIES OF THE ECONOMIC AND FINANCIAL CRIMES COMMISSION UNDER PRESIDENT MUHAMMADUBUHARI’S ADMINISTRATION." Humanities & Social Sciences Reviews 8, no. 3 (October 1, 2020): 1472–80. http://dx.doi.org/10.18510/hssr.2020.83148.

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Objectives of the Study: The purpose of this study was to examine newspaper framing of the activities of the EFCC under President Buhari, using four purposively selected newspapers. In doing this, the researchers focused on the prevalence of frames, most prominent frames, and interpretations they gave to the activities of EFCC. Methodology: Content analysis and critical discourse analysis were adopted as the research methods. By means of the constructed week sampling technique, 288 editions of the selected newspapers years were studied. Results: It was found that six (6) frames constituted 75% frame prevalence rate, while two (2) frames constituted 15% non-prevalence rate. The corruption-combating/criminalisation frame was the most prominent. Interpretation of the reports revealed that some newspapers presented EFCC as victimisers, while some appraised its activities at mitigating graft in Nigeria. Application/implications: The implication of these results is that journalists need to improve in their framing anti-corruption efforts as part of their social responsibility to the Nigerian society. Originality/ Novelty: This study has contributed to our understanding of the role of the media in promoting good governance and accountability in a developing country like Nigeria.

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Jones, Oguadinma Joshua, and Ozor Adanne Chioma. "Fighting Kleptocracy in Democracy: An Assessment of the Efficacy of Anti-graft Policy Enforcement in Nigeria." World Journal of Social Science 9, no. 1 (January 22, 2022): 49. http://dx.doi.org/10.5430/wjss.v9n1p49.

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Financial crimes in Nigerian socio-political milieu have been more recurrent in contemporary times. The paper attempted to assess the performance of the Economic and Financial Crimes Commission (EFCC) from inception as a platform to evaluate the efficacy of anti-graft policy enforcement in Nigeria. It sought to establish whether the persistence of graft offences by Nigerian government officials was fallout of flaws emanating from censored operational space to restrict of the agency’s autonomy. Statutorily, it was mandated to prosecute all financial corruption in public offices, money laundering, advance-fee fraud and other offences related to these. However, in spite of these efforts, the war against corruption in every sphere is far from over. The paper anchored on the rational choice theory as analytical framework and employed the secondary source of data collection and analysis. Arguably, the EFCC operations have not been effective since the number of convictions for financial crimes in public offices is considered relatively low as against the level of the offense in the country. Again, the personnel of the agency were deemed to lack the required autonomy to address the intricacies of fighting the crime. Therefore, to reduce the spate of financial embezzlement, the Nigerian public laws should be amended to embrace a credible method of nominating candidates with good track records for political positions and public offices. In the same vein, more realistic autonomy should be given the operatives of the EFCC with a view to elicit more credible enforcement of the anti-graft law.

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PAUL, SALISU OJONEMI, and Prof Chikelue Ofuebe. "Unabated Corruption in the Government of Nigeria Despite the Economic and Financial Crimes Commission: Who Bells the Cat?" Society & Sustainability 2, no. 2 (September 17, 2020): 45–58. http://dx.doi.org/10.38157/society_sustainability.v2i2.129.

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This paper examines the different dimensions and continuous corrupt practices in the federal government of Nigeria amidst President Buhari administration’s anti-corruption songs and war (2015 – date). It is observed that the menaces of infrastructural deficits are persistent and unabated due to billions of dollars that are carted away by both political and public office holders on a seasonal basis, and misfit appointment of public officials popularly referred to as ‘favoritism’ and the ‘lopsidedness.’ The study which is qualitative with data gathered from secondary sources. The paper found the fact that political and public office holders across administrations in Nigeria perceived corruption as a worthwhile venture despite the campaign against corruption. It is also noticed that the EFCC created to lead the anti-corruption war only barks without biting. The study advocated, among others, that the National Assembly should immediately reevaluate and review the Nigerian administration of the criminal justice system.

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Opudu, Okubokeme Derek, and Stanley Ogoun. "Money laundering conviction rate and capital formation in Nigeria." Accounting 9, no. 2 (2023): 121–30. http://dx.doi.org/10.5267/j.ac.2022.12.001.

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Drawing from the Financial Action Task Force (FATF, G7) recommendations and the Nigeria Anti-Money Laundering Act that provides the penance and dissuasion for crimes in Nigeria, this study sought to interrogate the efficacy of money laundering conviction rate as an instrument of anti-money laundering policy on capital formation in Nigeria. The study is hinged on contemporary deterrence theory. The study adopted the ex-post facto research design and used quarterly data from 1Q 2010 to 4Q 2019, which was sourced from the Nigerian Financial Intelligence Unit (NFIU), Economic and Financial Crime Commission (EFCC) and CBN statistical reports. Hence, Error Correction Model (ECM) was utilized to analyze the data. The findings indicate that the current money laundering conviction rate (MLCR) has a negative and non-significant effect on capital formation in Nigeria. Therefore, the study concludes that the current conviction rate is too weak to deter the act. Hence, it is recommended that the judicial system be rejigged with enabling legislation and autonomy to strengthen it to hasten the trial of such cases and ease conviction of culpable individuals, without necessarily putting innocent victims at jeopardy. Such autonomy should also be granted to the EFCC, ICPC, NFIU etc. and inter-agency synergy should be encouraged.

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Bawa, Abdulrasheed, and Joseph Ogwiji. "Illicit Financial Flows and Economic Growth: Moderating Role of Economic and Financial Crime Commission in Nigeria." European Journal of Accounting, Auditing and Finance Research 10, no. 9 (August 15, 2022): 24–35. http://dx.doi.org/10.37745/ejaafr.2013/vol10n92435.

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Despite the efforts of Economic and Financial Crime Commission (EFCC) at curbing illicit financial flows and related problems, the magnitude of the challenges experienced overwhelms her implementation capacities. This therefore necessitate this study by analysing the effect of illicit financial flows on economic growth in Nigeria. The data for study were extracted from the report of EFCC and Central Bank of Nigeria (CBN) statistical bulletins from the period of 2010 to 2019. The study data was based on secondary sources. A purposive sample technique was adopted for the study. Based on the OLS regression model, findings of the study revealed that illicit financial flow and convicted secured by EFCC have a positive and insignificant influence on economic growth. It is therefore, recommended that EFCC should increase the effort in prosecuting and secured convictions of offenders, because will strongly reduce illicit financial flow in Nigeria.

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Sowunmi, Fatai Abiola, Muniru Adekunle Adesola, and Mudashiru Abiodun Salako. "An Appraisal of the Performance of the Economic and Financial Crimes Commission in Nigeria." International Journal of Offender Therapy and Comparative Criminology 54, no. 6 (August 13, 2009): 1047–69. http://dx.doi.org/10.1177/0306624x09341043.

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Albert, Akume T., and F. C. Okoli. "EFCC and the politics of combating corruption in Nigeria (2003-2012)." Journal of Financial Crime 23, no. 4 (October 3, 2016): 725–47. http://dx.doi.org/10.1108/jfc-04-2015-0024.

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Purpose This paper aims to assess if the Economic and Financial Crimes Commission (EFCC) has been effective in combating corruption in Nigeria from 2003-2012. Design/methodology/approach The paper adopted a documentary analytical approach. Findings The organization has not been effective in combating corruption in Nigeria. Research limitations/implications The study is between 2003-2012. Practical implications There is a need to correct those identified inhibitors that undermined the Commission’s capacity, such as intrusive government interference, lack of autonomy, poor funding and weak laws, among others, to mitigate corruption. Social implications Eliminating those identified constraints will remove the incentive to be corrupt, thereby curbing the desire to be corrupt. Originality/value This paper is an original assessment of the EFCC's effectiveness in combating corruption in Nigeria during the specified period.

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Ibe-Ojiludu, Somadina. "The Failure of Nigeria’s Economic and Financial Crimes Commission (establishment etc.) Act 2004 as a Development Act." Law and Development Review 11, no. 1 (January 26, 2018): 127–71. http://dx.doi.org/10.1515/ldr-2017-0034.

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Abstract This write-up answered the question of why the 2004 Act which set up Nigeria’s Economic and Financial Crimes Commission (EFCC) has failed to tame corruption in Nigeria. Reflecting on the numerous cases of political interference in the activities of the EFCC, the lack of some adequate funding of the activities of the commission and the EFCC’s plea bargaining regime, and relying on the thoughts of Charles Sherman and Ann Seidman and Robert Seidman, the write-up submits that the 2004 Act has principally failed to check corruption – and by extension has failed as a development Act – because it was not drafted and implemented for development.

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Kehinde, Adeola Olufunke, Oyebanji Aderemi, and Abifarin Olufemi. "TOWARDS FEDERALIZATION OF NIGERIAN UNITARIZED JUDICIARY." AGORA INTERNATIONAL JOURNAL OF JURIDICAL SCIENCES 15, no. 2 (December 24, 2021): 29–36. http://dx.doi.org/10.15837/aijjs.v15i2.4655.

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This paper examines federalism as a concept, its adoption to governance in Nigeria through the constitution. The constitution is examined with a view of showing elements of unitarism instead of the federalism the constitution proclaims for Nigeria. In this regard, we examined the creation of federation account, statutory allocation of revenue to states and local government and what it portends for a federation. Conduct of general Election on a date for the central government and all the states of the federation is observed as an aberration in a federal state, so also is the creation of a National electoral commission for both the central and state governments. Creation of central judiciary for both the National and state government with institutions like Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC) is also an aberration in a federation. The paper is concluded by contrasting Nigerian federation with American federation with a recommendation for true federation modeled along American system so as to ensure peace, order, good governance and security of the nation. This will be a form of devolution of power which can ensure Nigeria’s unity and erase agitation for balkanisation of Nigeria.

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Fisayo, Duyile Praise, Ngboawaji Nte, Abdussalam Aishat Adejoke, and Olayiwola Richard Ayoola. "Elite Capture Syndrome and Anti-Corruption Control in Nigeria: The Economic and Financial Crimes Commission and The Independent Corrupt Practices Commission in Perspective." International Journal of Business, Humanities, Education and Social Sciences (IJBHES) 5, no. 2 (November 30, 2023): 144–52. http://dx.doi.org/10.46923/ijbhes.v5i2.282.

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Like many African states, Nigeria has hitherto been caught in the web of pervasive acts of grand and petty corruption. The pervasive nature of political and bureaucratic corruption in Nigeria has undeniably impoverished her economy and, as such, warranted the establishment of the EFCC and ICPC. However, anti-corruption agencies have not been able to control corruption to a minimum, as Nigeria remains poorly ranked in the global corruption index. This research takes on a critical and comparative lens to understand the nature of class politics in the fight against corruption, to examine the level of high-profile prosecutions, to identify irregularities in the institutions of law enforcement, and to consider the level of transparency and accountability for recovered loot and confiscated properties. The study finds, among other things, that powerful elites have high-jacked anti-corruption fights of the EFCC and ICPC, with low-profile convictions in Nigeria, and public accountability and transparency regarding recovered loot is almost nonexistent. The Elite Capture paradigm is employed as a theoretical guide in its narrative.

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Adamaagashi, Izuchukwu, P. "The Impact of the Fight Against Corruption on Nigeria's Economy: A Case Study of the Economic and Financial Crime Commission." INTERNATIONAL JOURNAL OF SOCIAL SCIENCES AND MANAGEMENT RESEARCH 9, no. 8 (February 9, 2024): 153–81. http://dx.doi.org/10.56201/ijssmr.v9.no8.2023.pg153.181.

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Corruption in Nigeria has long hindered economic development and raised concerns about resource misallocation, reduced foreign direct investment, and eroded public confidence in institutions. Established in 2003, the Economic and Financial Crimes Commission (EFCC) was tasked with combating economic and financial offenses, including corruption. This study aimed to assess the impact of anti-corruption efforts, particularly the role of the Economic and Financial Crimes Commission (EFCC), on Nigeria's economy. A survey research design was employed, with data collected through 109 structured questionnaires administered to personnel from various units of the EFCC at the Enugu state branch. Out of the questionnaires distributed, 100 were properly filled out and returned for analysis. Respondents were selected using a simple random sampling technique. The collected data were processed using the Statistical Package for Social Sciences (SPSS) 20.0. Descriptive statistical tools, such as simple percentages presented in tables and charts, were used to analyze and interpret the questionnaire data. The study revealed several key findings. Firstly, it emphasized the importance of the fight against corruption in Nigeria. Secondly, it highlighted the positive impact of anti-corruption efforts on the country's economy. Thirdly, it found that the EFCC has been making progress in combating corruption. Lastly, it confirmed that corruption hinders Nigeria's economic development. In conclusion, this study casts a glaring spotlight on the corrosive impact of corruption on Nigeria's economy, translating to staggering losses exceeding $100 billion in GDP. Consequently, the research emphasized the necessity of intensifying anti-corruption efforts. It proposed recommendations to address this issue, including the strengthening of anti-corruption agencies, the improvement of legal frameworks, and the promotion of economic growth as crucial steps towards achieving sustainable

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Bello, Matthew Funsho, and Adaran Olapade Cosmas. "The Role of Economic and Financial Crime Commission (EFCC) in Combating Corruption in Nigeria." Musamus Journal of Public Administration 5, no. 1 (October 8, 2022): 121–39. http://dx.doi.org/10.35724/mjpa.v5i1.4354.

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Corruption as a â€œmonsterâ€ subverts public institutions and their capacity to perform their assigned tasks efficiently, thereby damaging the substantive interest and endangering the lives of citizens whom these institutions are meant to serve. This indicates that the higher the propensity and will of the state to combat corruption the lower the dangers underdevelopment and societal disintegration, and vice-versa. The main objective of the study is to assess the role of the Economic and Financial Crimes Commission in combating corruption. The secondary source of data collection was used for this study. The study revealed that political interference hinders the EFCC from performing its role in the fight against corruption. Also, the study also found out that the EFCC has played a role in reducing the level of corruption in the public sector. It was recommended that the federal government should be committed to the sincere translation of the expressed political will of fighting corruption into reality by allowing the anti-corruption institutions to operate without political intervention in order not to compromise with their statutorily assigned responsibilities

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Malgwi, Charles A. "Fraud as economic terrorism: the efficacy of the Nigerian Economic and Financial Crimes Commission." Journal of Financial Crime 12, no. 2 (April 2005): 144–64. http://dx.doi.org/10.1108/13590790510624981.

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Kanu, Ugochukwu Charles, D. O. Okanyi, and Leonard Ibekwe Ugwu. "Legislative Immunity in Nigeria and the Arrest of Senator Rochas Okorocha by the Economic and Financial Crimes Commission: Interrogating the Law against the Sentiments." Scholars International Journal of Law, Crime and Justice 5, no. 10 (October 12, 2022): 433–40. http://dx.doi.org/10.36348/sijlcj.2022.v05i10.006.

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It is not unusual in Nigeria for persons to engage in confrontation with law enforcement officers in Nigeria at the point of attempt to arrest them. This nation became saddled with this development on the evening of the 24th day of May 2022 when virtually all the television channels in Nigeria and the social media was agog with live pictures from the Abuja, Federal Capital Territory residence of His Excellency Senator Rochas Okorocha. The operatives of the Economic and Financial Crimes Commission (hereinafter referred to as EFCC) with the Nigerian Police in an attempt to arrest the senator encountered resistance as he refused to surrender himself to the law enforcement agents but rather locked all the entrances to his residence. Reasonable force was deployed and some part of the roof and ceiling was pulled off in order to secure access to before he was arrested. This paper seeks to question the propriety or impropriety of the destruction of his property in an attempt to arrest the Senator without warrant of arrest; to examine the immunity of the senator from arrest being a serving senator and a former Governor of a State under the Nigerian laws in comparison with what obtains in foreign jurisdictions.

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Ezeji, Chiji Longinus. "DISRUPTIVE TECHNOLOGY ON THE CYBERSPACE: THE CONTESTATION BETWEEN CRIMINAL JUSTICE SYSTEM AND CYBERCRIMINALS." Caleb International Journal of Development Studies 05, no. 01 (June 30, 2022): 197–214. http://dx.doi.org/10.26772/cijds-2022-05-01-012.

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The paper examines the contestation between criminal justice system and cybercriminals. Qualitative methodology was adopted for collecting data. The study sample was drawn from Nigeria Police Crime prevention and Investigative Unit, Cyber forensics experts, officials from the Economic & Financial Crimes Commission (EFCC), Cyber security experts, acadamics in Criminology and Security Studies, judges and prosecutors. Theses were interviewed to obtain information on the running battle between the authourites and the criminal elements. Findings revealed that cyber crime increased exponentially despite the promulgation of cybercrime prevention and prohibition Act of 2015. It was reported that Nigeria youth used the lack of empowernment as their excuse to engage in cybercrime. Findings also revealed varied corps of victims, people and local businesses in Nigeria. The paper recommends the need to campaign for moral regeneration, educating internet users on how to stay protected online, appeals for atitutude change among the youths, and those involved in cybercrime, specialised trainng for criminal justice officials to enable them tackle cyber related crimes.above all, the criminal justice system must be swift in apprehension, prosecution and setencing offenders.

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Animashaun, Oyesola, and Howard Chitimira. "The Reliance on Lifestyle Audits for Public Officials to Curb Corruption and Tax Evasion in Nigeria." Potchefstroom Electronic Law Journal 24 (June 17, 2021): 1–38. http://dx.doi.org/10.17159/1727-3781/2021/v24i0a10735.

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Widespread corruption in the Nigerian public service is having a far-reaching detrimental effect on the economy. Public officers and other policy makers that formulate socio-economic policies are the main perpetrators of corruption in Nigeria. This article focusses on the viability of lifestyle audits for public officials as a strategy for combating such corruption, the proceeds of which are usually laundered and warehoused either offshore or in Nigeria with the assistance of professionals such as bankers and lawyers. If such warehoused wealth is discovered it is usually forfeited to the treasury of the government of Nigeria, after the trial of the offenders. This article interrogates the adequacy of the relevant legislation and the efficacy of the statutory bodies responsible for lifestyle audits in Nigeria, such as the Code of Conduct Bureau, which is discussed, as are the Code of Conduct Bureau and Tribunal Act, 2010, the Economic and Financial Crimes Commission Act, 2004, and the income tax reporting framework administered by the Federal Inland Revenue Service. It appears that the provisions relating to lifestyle audits under the Nigerian statutes are not robust enough to curb corruption and tax evasion. In addition, the enforcement of such lifestyle audits is hindered by the immunity granted to certain Nigerian public officers and jurisdictional conflicts in prosecuting corruption cases.

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Tarh-Akong Eyongndi, David, and Faith Nwayemogho Opara. "Lack of Protection for Whistleblowers at the Workplace in Nigeria: Drawing Lessons from Selected Jurisdictions." PADJADJARAN Jurnal Ilmu Hukum (Journal of Law) 9, no. 3 (2022): 432–55. http://dx.doi.org/10.22304/pjih.v9n3.a7.

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The Nigerian government has created anti-corruption agencies, such as the Economic and Financial Crimes Commission and the Independent Corrupt Practices and other related offences Commission (ICPC), to contend with corruption. In 2015, the Federal Ministry of Finance introduced the whistleblowing policy. The policy enables corrupt practices in any workplace, either private or public, to be exposed. However, following the policy, there is no legal framework for the implementation nor protection of the whistleblower. This article adopts doctrinal and comparative methodology to examine the utilitarian values and the propriety of whistleblowing vis-à-vis the employee’s obligation to act in good faith under Nigeria’s labor jurisprudence. It relies on primary and secondary data. It discusses the challenges confronting whistleblowing at the workplace in Nigeria. It also examines the practice in Britain, India, South Africa, and Ghana to be compared with Nigeria. It reveals that whistleblowing is an effective tool to combat corruption/malpractices in the workplace. Unlike in Britain, India, South Africa, and Ghana, there is no specific legislation on whistleblowing in Nigeria. It recommends awareness on the need of Nigerians’ active participation in whistleblowing and enactment of a subject-specific law to protect whistleblowing and whistleblowers as in ones in Britain, India, South Africa, and Ghana.

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Nwaodu, Nnamdi, David Adam, and Okechukwu Okereke. "A Review of Anti-Corruption Wars in Nigeria." Africa’s Public Service Delivery and Performance Review 2, no. 3 (September 1, 2014): 153. http://dx.doi.org/10.4102/apsdpr.v2i3.63.

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Corruption still subsists as one of the greatest challenges facing Nigeria. The existence of this phenomenon in virtually all aspects of the nation’s socio-economic life is said to be one reason why poverty level remains high irrespective of her position as the six highest suppliers of oil to the whole wide world, and a possessor of numerous other human and natural resources. A recent attempt by the Federal Government of Nigeria to curb this societal ill led to the establishment of Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices & Related Offences Commission (ICPC) among others bodies. This paper historically explores the anti-corruption war in Nigeria and specifically zeros itself to review EFCC’s role in this war. The methodology adopted in this paper is the narrative-textual case study (NTCS), a research method that sources the required quantitative and qualitative secondary data on the phenomenon of study from secondary sources like the internet, World Wide Web, online databases, e-libraries et cetera. On the strength of the qualitative data sourced, it was discovered that the agency has made some successes but is being hindered by political, administrative and judicial bureaucracy from efficient performance. The paper therefore boldly recommends that transparency be enshrined into all aspect Nigerian political and administrative life and extant anti-graft laws be reviewed, harmonized and strengthened to enhance the effectiveness of fight against corruption and breach of corporate governance ethics by those holding political and non-political positions in Nigeria.

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Bassey Enya Ndem, Henry Tumba James, and Friday Bassey Agala. "Autoregressive Distributed Lag Approach (ARDL) to Corruption and Economic Growth Nexus in Nigeria." Journal of Environmental Science and Economics 1, no. 3 (June 18, 2022): 8–14. http://dx.doi.org/10.56556/jescae.v1i3.181.

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The corruption in Nigeria is generating concern around the globe and among its citizens. This concern is because corruption has continued undermining the country's socio-economic development. Thus, this study empirically investigates the impact of corruption on economic growth in the Nigerian economy using annual data from 1980 to 2018. The study employed the autoregressive distributed lag (ARDL) model as its estimation technique. In this study, economic growth was proxied by gross domestic product growth rate (GDPGR), while corruption was proxied by the corruption perception index. The result revealed that corruption has a negative and significant impact on economic growth in Nigeria in the long run. This finding implies that corruption has impeded the economic development process in Nigeria within the period of this study. Thus, it was recommended that anti-corruption agencies in Nigeria, such as the Economic and Financial Crime Commission (EFCC) should be strengthened by enacting laws that will empower them to investigate, arrest and prosecute offenders.

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Nyingchia, Dr Kwei Haliday. "Evaluating the ability of the National Agency for Financial Investigation of Cameroon and the Nigerian Economic and Financial Crimes Commission in combating Money Laundering." Scholars International Journal of Law, Crime and Justice 5, no. 7 (July 27, 2022): 294–304. http://dx.doi.org/10.36348/sijlcj.2022.v05i07.007.

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Illicit financial flows remain a serious problem to both developed and developing countries with tremendous negative impact on the economy. Although the police is there to investigate offences, certain offences are more sophisticated in nature thereby, necessitating the establishment of specialized agencies to investigate such offences. Nigeria and Cameroon have very common similarities when it comes to corruption and efforts to eliminate it led to the creation of the Economic and Financial Crimes Commission (EFCC) and the National Agency for Financial Investigation (ANIF). These agencies have the mandate to fight against money laundering and terrorist financing but the mandate of the EFCC is more extended with tremendous powers to investigate and directly prosecute offenders. ANIF does not have such powers and only report to the prosecution after investigation. This is attributed to the fact it is Financial Intelligence Unit (FIU) whose functions are usually limited to collection, analysis and dissemination of information related to money laundering, associated predicate offences and the financing of terrorism. Cameroon has opted for the administrative model lodged within the Ministry of Finance. The objective of this paper is that it seeks to make a comparative study of the EFCC and ANIF in the fight against financial crimes and to draw a line as to the model that is more efficient. To achieve this, a qualitative research approach was adopted. Accordingly, the doctrinal method was used which enabled us to do an on desk analysis of the available secondary and primary data on the EFCC and ANIF. This paper recommends that more sophisticated means should be given to the EFCC and that the CEMAC sub region should adopt the Nigerian model which has proven to be more successful in combating illicit financial flows.

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Lawson, Letitia. "The politics of anti-corruption reform in Africa." Journal of Modern African Studies 47, no. 1 (February 18, 2009): 73–100. http://dx.doi.org/10.1017/s0022278x08003662.

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ABSTRACTPrevious research on anti-corruption reform in Africa falls into two camps. The first explores ‘best practices’ and policy approaches to controlling corruption, while the second focuses on the politics of anti-corruption ‘reform’, arguing that official anti-corruption campaigns aim to mollify donors while using corruption charges instrumentally to undermine rivals and shore up personal loyalty to the president, and thus have no chance of controlling corruption. This paper suggests that, while the neopatrimonial context is a very significant limiting factor in anti-corruption reform, limited progress is possible. Examining the motivations and effects, intended and unintended, of anti-corruption reforms in Kenya and Nigeria, it finds that while the Kenya Anti-Corruption Commission has indeed been politically marginalised and largely ineffectual, the more autonomous and activist, but politically instrumentalised, Economic and Financial Crimes Commission in Nigeria has had a measure of success. The analysis suggests that this is explained by the EFCC's independent prosecutorial powers and the institutionalisation strategies of its chairman.

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Umar, Hassan Said, and Kasim Umar. "The Economic and Financial Crimes Commission and Corruption Management in Nigeria: A Perceptual Assessment of its Legal Framework." Asian Journal of Social Sciences and Management Studies 3, no. 2 (March 1, 2016): 140–44. http://dx.doi.org/10.20448/journal.500/2016.3.2/500.2.140.144.

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Umar, Hassan Said, and Kasim Umar. "The Economic and Financial Crimes Commission and Corruption Management in Nigeria: a Perceptual Assessment of its Legal Framework." Journal of Siberian Federal University. Humanities & Social Sciences 9, no. 2 (February 2016): 310–17. http://dx.doi.org/10.17516/1997-1370-2016-9-2-310-317.

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Ochinyabo, Samuel. "Government Expenditure and Its Effect on Achieving the Sustainable Development Goals in Nigeria." African Journal of Economics and Sustainable Development 4, no. 3 (December 30, 2021): 170–84. http://dx.doi.org/10.52589/ajesd-q7oibdax.

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This study examined government expenditure and its effect on achieving the Sustainable Development Goals in Nigeria. This was undertaken given that Nigeria is a democratic underdeveloped economy seeking sustainable development. The Millennium Development Goals, the predecessor of SDGs, did not achieve much and now there are the Sustainable Development Goals to finance in the face of a volatile mono-economy, corruption, weak budgetary system, decaying infrastructure and security challenges. The specific objective of this study is to analyze the structure and trend of government expenditure from 1986 to 2020. The study adopted an ex-post-facto research design. Secondary data was obtained from publications of the Central Bank of Nigeria, National Bureau of Statistics, Transparency International and the World Bank. Descriptive and analytical statistics were used for analysis. The findings of the study revealed that recurrent expenditure outlay is higher than capital expenditure, the economic and social service sectors expenditure is inadequate to foster any meaningful sustainable development and, corruption is rife in the country. Hence, the study concludes that there are indications that the SDGs just like its predecessors, the MDGs, is on the verge of achieving poor outcomes if urgent measures are not taken to correct this. So, the study recommends that the structure of government expenditure should be reversed and made adequate; environmental sector expenditure should be disaggregated for easy inference to ensure that the issues of environmental degradation are dealt with; and agencies such as the Independent Corrupt Practices Commission, Economic and Financial Crimes Commission, the Nigerian Police and other security agencies should be strengthened.

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Abdulrauf, Lukman Adebisi. "Using Specialised Anti-Corruption Agencies to Combat Pervasive Corruption in Nigeria: A Critical Review of the ICPC and EFCC." African Journal of Legal Studies 12, no. 3-4 (May 14, 2020): 215–41. http://dx.doi.org/10.1163/17087384-12340050.

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Abstract The use of specialised anti-corruption agencies (ACAs) to combat corruption is increasingly popular among African countries. This is no surprise considering the successes these agencies have recorded elsewhere in the world, on the strength of which they have been described as ‘the most innovative feature of the anti-corruption movement of the last two decades’. Yet while ACAs have been successful in other parts of the world, the same cannot be said of those in Africa generally and Nigeria in particular. Even with two ACAs – the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and Economic and Financial Crimes Commission (EFCC) – corruption continues to soar in the country, making it necessary to examine the flaws of Nigeria’s ACAs. Focusing on a number of key characteristics of ACAs, this article analyses the role of the ICPC and EFCC in combating corruption in Nigeria. The main question the article seeks to answer is why corruption should be on the increase despite the fact that two specialised ACAs have been in existence for close to two decades.

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C, Ndukwe, Ogo David, and Nwuzor Iroko. "Impacts of the Fight against Corruption by the Economic and Financial Crimes Commission in Promoting Good Governance and Accountability in Nigeria." Journal of Public Policy and Administration 8, no. 2 (February 28, 2023): 21–31. http://dx.doi.org/10.47604/jppa.1796.

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Purpose: This study investigated the impact of the fight against corruption by the EFCC in promoting good governance and accountability in the current administration of president Muhammadu Buhari. Specifically the paper sought to examine the extent to which the fight against corruption by the EFCC have promoted good governance and accountability in Nigeria today. Methodology: The methodology adopted is qualitative method of data collection and analysis where some informants with an experience and classified information on the subject matter were consulted for interview. The paper adopted Richard A Joseph (1996) Prebendalism theory on corruption. The data obtained was interpreted for analysis and findings. Findings: The paper discovered that as laudable as the intentions and effort of the government to curb corruption through the EFCC and laws, they have left much to be desired. Infact the fight against corruption by the EFCC are of limited value because they fail to take into account much of the dymanics that support corruption making people now regard the EFCC as a tool to fight political enemies of the current administration. Unique Contribution to Theory, Practice and Policy: The paper therefore recommends among others the need for greater transparency by the EFCC in combating corruption if its effort must promote good governance and accountability in Nigeria

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Olugbile, David. "An Assessment of the Impact of EFCC in Curbing Vote Buying in Nigeria." African Journal of Law, Political Research and Administration 6, no. 2 (October 18, 2023): 48–60. http://dx.doi.org/10.52589/ajlpra-9879kx3s.

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This paper is an assessment of the performance of the Economic and Financial Crime Commission (EFCC) on the fight against vote buying in the Nigerian elections. Vote buying is a major problem in the Nigerian electoral system. The phenomenon reached an epidemic level in 2019 when the Independent National Electoral Commission (INEC) introduced a level of digitalization of the electoral process through the use of permanent voters' card and card reader machines in the Nigerian electoral system. The introduction of card reader machines and permanent voters’ cards reduced the incidences of electoral infractions like 'results writing' and 'impersonation' because the voters are expected to confirm their identities at the polling booths through the authentication of card reader machines. This technological innovation by INEC made the political class to concentrate more on vote buying. The paper shows that EFCC has not been effective in carrying out its duty as the government agency that has the legal responsibility of curbing vote buying in Nigeria.

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Oke, Tayo. "Financial crime prosecution, legal certainty and exigency of policy: case of Nigeria's EFCC." Journal of Financial Crime 21, no. 1 (December 20, 2013): 56–65. http://dx.doi.org/10.1108/jfc-06-2013-0044.

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Purpose – In its fight against money laundering involving politically exposed persons (PEPs), the Economic and Financial Crimes Commission (EFCC) has the dual mandate of maintaining equilibrium between two fundamental, but sharply contradictory objectives: establishing guilt beyond a reasonable doubt, and responding to the policy imperative of nipping corruption in the bud through a pro-active involvement in preventative measures. This paper contends that as a result of the tension between these two divergent ends, the agency has found itself the spider in a cobweb of legalism designed by its adversaries to stymie its operations. Furthermore, and as a matter of priority, the paper calls for a major rethink of the appropriateness of criminal jurisdiction in the prosecution of financial crimes in Nigeria and elsewhere in Africa. The paper aims to discuss these issues. Design/methodology/approach – Case study and textual analysis of literature. Findings – Civil jurisdiction of extracting the proceeds of the criminal activities of PEPs provides a better mode of deterrence than any criminal sanction could hope to achieve. Originality/value – Creative in deciphering a major root cause of the ineffectiveness of criminal sanction as an anti-corruption weapon.

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Edeh, Joseph Nwokpoku, Paul Monday Nwokwu, and Kenneth Igwe Ugbala. "Economic and Financial Crimes Commission’s (EFCC) performance in combating corruption in Nigeria: Buhari’s administration in perspective (2015-2020)." International Journal of Development and Management Review 17, no. 1 (June 14, 2022): 123–45. http://dx.doi.org/10.4314/ijdmr.v17i1.8.

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Corruption remains a cankerworm that has continued to hinder genuine efforts towards development in Nigeria. Several efforts have been put in place to curb the menace but it still manifests in various forms. This study was carried out to specifically examine the extent to which the Economic and Financial Crimes Commission has reduced money laundering in Buhari’s regime; to find out the extent to which the EFCC has reduced cybercrimes in Buhari’s regime and to assess how the EFCC has reduced the incidences of embezzlement of public funds in Buhari’s administration. The study was anchored on Deterrence theory espoused by Cesare Beccaria in 1764. The study adopted content analytical technique to analyze data for the study. The study revealed the following among others: that the EFCC has not significantly reduced money laundering in Buhari’s regime; that the EFCC has demonstrated commitments towards reducing cybercrimes in this regime and that the EFCC has not significantly reduced incidences of embezzlement of public fund in Buhari’s regime. The study concluded that development will continue to elude our country as long as corruption continues to ravage the polity. The study therefore, recommended among others that the operatives of the EFCC should always carry out thorough investigations in order to win more cases of money laundering.

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Chidera Rex, Obiwuru. "The Performance of the Economic and Financial Crimes Commission (EFCC) in the Fight against Corruption in Nigeria: A Critical Appraisal." Economy 7, no. 1 (2020): 52–58. http://dx.doi.org/10.20448/journal.502.2020.71.52.58.

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Kolo, Baba Gana. "Perception of the Performance of Economic and Financial Crimes Commission (EFCC) in Darazo Local Government Area of Bauchi State, Nigeria." OALib 10, no. 06 (2023): 1–14. http://dx.doi.org/10.4236/oalib.1110021.

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Lazarus, Suleman, and Geoffrey U. Okolorie. "The bifurcation of the Nigerian cybercriminals: Narratives of the Economic and Financial Crimes Commission (EFCC) agents." Telematics and Informatics 40 (July 2019): 14–26. http://dx.doi.org/10.1016/j.tele.2019.04.009.

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Ibrahim, Nura. "Quality of Public Governance and Revenue Generation in Nigeria." International Journal of Research and Scientific Innovation XI, no. V (2024): 252–64. http://dx.doi.org/10.51244/ijrsi.2024.1105018.

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The study examined the qualities of public governance on revenue generation in Nigeria. The study used worldwide governance indicators (WGI) as independent variables and government revenue as a percentage of GDP as dependent variables. Time series data from World Bank database and International Monetary Fund (IMF) for Public governance and revenue generation respectively for 25 years were collected and analysed. The findings revealed that control of corruption, government effectiveness, regulatory quality, rule of law and accountability and transparency has statistical impact on government revenue as a percentage of GDP; while political stability also has no statistical impact on government revenue as a percentage of GDP in Nigeria. The study recommends that the Nigerian anti-corruption agencies like Economic and Financial Crime commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC) saddle with the responsibilities of prosecuting corrupt officials in the court of law need to improve on their activities. Policy makers must regularly review the laws, rules, regulations, and policies of the country to ensure justice and peace for citizens and to protect property rights in order for rule of law and government effectiveness to achieve a more significant impact on revenue generation.

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Udoikah, Joseph, P. Omeje, and Emmanuel Elem. "Treasury Single Account and Reduction of Financial Crime in the Enugu State Civil Service Commission." African Journal of Politics and Administrative Studies 16, no. 1 (June 1, 2023): 483–508. http://dx.doi.org/10.4314/ajpas.v16i1.28.

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Government’s efforts at socio-economic development have often been whittled down by inadequate finance and the outright mismanagement and embezzlement of the available resources. Hence, it is regrettable the level of poverty in Nigeria, the rate of unemployment which has worsened with low life expectancy and increased in maternal mortality rates etc. The study “Treasury Single Account and Reduction of Financial Crime in Enugu state civil service Commission., Nigeria’ was undertaken to assess amongst others the effects of Treasury Single Account on the promotion of financial accountability and financial discipline in the state civil service. The study was anchored on Barley’s Agency Theory of 1973. The study adopted a descriptive and survey design. The result revealed amongst others that there is a positive relationship between Treasury Single Account and promotion of financial accountability and discipline in Enugu State civil service Commission. However, dissatisfaction was more with the abuse of the entire process, the level of awareness creation of the policy, coverage, poor network services, poor funding amongst others. The implication is that the policy is yet to achieve the basic purpose of its establishment of ensuring increase in government revenue by completely reducing leakages, and to reduce corruption to its barest minimum in the country. The study therefore recommended amongst others that in improving accountability of public sector funds, there should be appropriate sanctions where financial irregularities are discovered. This will strengthen the goal of the TSA system in Nigeria thereby by instilling discipline and accountability of public sector funds.

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Sakanko, Musa Abdullahi, Abubakar Ijoko, and Inuwa Yaqoub Mohammed. "The Dynamic Impacts of Idle Cash on Economic Growth in Nigeria (1985 – 2018)." Empirical Economic Review 2, no. 2 (December 4, 2019): 33–52. http://dx.doi.org/10.29145/eer/22/020103.

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The study investigated the dynamic effect of idle cash on economic growth in Nigeria from 1985 to 2018 employing a mixed methodology. The qualitative result revealed that political affluence, social status, treasury single account, asset declaration, biometric verification number, whistle-blower programme, and the empowering operation of economic and financial crime commission for anti-corruption crusade determine idle cash in Nigeria. On the other hand, the quantitative result revealed that idle cash has an inverse effect on economic growth in the short run. However, the long run result revealed a positive, and statistically significant effect on the economic growth, and it was found that idle cash Granger causes economic growth. We recommend that the government should provide a policy regulation framework that will regulate, track and checkmate the superfluousness of idle cash.

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Olusola, Faboyede,. "Economic and Financial Crimes Commission (EFCC) As A Strategy For Managing Nigerian External Reserves For Sustainable Developmen." IOSR Journal of Economics and Finance 1, no. 2 (2013): 48–54. http://dx.doi.org/10.9790/5933-0124854.

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Duke, Otu, and Dickson Agbaji. "The Pursuit of Good Governance and the Anti-Financial Corruption Blitz in Nigeria: A Study of the Economic and Financial Crimes Commission (EFCC) (2003-2016)." Asian Research Journal of Arts & Social Sciences 2, no. 4 (January 10, 2017): 1–16. http://dx.doi.org/10.9734/arjass/2017/32115.

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O. O., Uche. "Moderating Influence of Corruption on the Relationship between Aggregate Tax Revenue and Economic Development in Nigeria and Ghana." African Journal of Accounting and Financial Research 7, no. 2 (April 23, 2024): 34–45. http://dx.doi.org/10.52589/ajafr-7epygl26.

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The study examines the moderating influence of corruption on the relationship between aggregate tax revenue and economic development in Nigeria and Ghana. Ex-post facto research design was adopted for the study where country specific data extracted from the annual publications of OECD database on tax revenue in Africa, Central Bank of Nigeria and Transparency International (TI) for the periods 1981 to 2022 were used. The dependent variable was economic development measured with Gross Domestic Product at 2015 Constant price while the independent variable was Aggregate tax revenue. The relationship between the dependent and independent variables was moderated by the presence of corruption measured by Corruption perception index for Nigeria and Ghana. Different econometric techniques were applied in the study while the data was analyzed by means of the Autoregressive Distributed Lag (ARDL) model using E views Version 10. The findings showed that in Nigeria and Ghana, aggregate tax revenue had a positive and significant influence on economic development both short and long run whereas corruption had a negative but significant influence on the relationship between tax revenue and gross domestic product of Nigeria and Ghana. The study therefore recommends among others that the respective governments of Nigeria and Ghana should put in place adequate fiscal measures to ensure that revenue generated from taxes are effectively utilized to develop their economies. They should also see the need to tackle corruption in the process of executing projects by ensuring that activities of bad and corrupt leaders are closely monitored through further strengthening the hands of the anti Graft Agencies like the Economic and Financial Crimes Commission (EFCC) and ICPC to have the political will to persecute corrupt leaders and managers of public funds.

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Adeniran, Adetayo Olaniyi. "Anti-corruption Strategies for Balanced Development." Advanced Journal of Social Science 5, no. 1 (April 22, 2019): 52–64. http://dx.doi.org/10.21467/ajss.5.1.52-64.

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This paper synthesizes the assessment of anti-corruption strategies adopted by previous administrations in Nigeria and the effectiveness of the Economic and Financial Crimes Commission (EFCC). Factors militating against the effectiveness of EFCC were identified, and solutions proffered. Corruption in education was also noted. The administration of some heads of state before the establishment of EFCC was discovered to fuel corruption, while some administrations proved to have adopted Gandhian approach to fighting corruption; they recorded success but were not sustained because their efforts were found to have been frustrated by their succeeding administrations. The results of the frustrations lead to the establishment of EFCC which is an institution to tackle corruption during democracy. Finally, it was revealed that the achievement of EFCC’s mandates is low. Towards anti-corruption strategies and the effectiveness of EFCC, recommendations were suggested. It is believed that if the recommendations were fully implemented, balanced development is inevitable.

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Odusote, Olugbemisola T. "Nigeria’s Anti-Corruption Model: Time for a Review." Advances in Social Sciences Research Journal 10, no. 8 (August 25, 2023): 307–25. http://dx.doi.org/10.14738/assrj.108.15247.

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Corruption and its challenges to the society is not a new phenomenon but designing effective methods to combat it has proven to be challenging for a few reasons. They include the fact that the phenomenon is ever evolving, and the perpetrators are usually ahead of the law. Another reason is that the absence of commitment on the government has prevented sincere assessment of measures introduced to combat corruption. This paper assesses Nigeria’s Anti-corruption model of criminalisation of corruption related offences. Effective criminalisation of corruption related offences requires a workable legal framework and effective institutions. The absence of either or both means that combating corruption would not be effective. This paper discusses Nigeria’s legal framework for combating corruption. Using qualitative method, this paper finds that the legal and institutional frameworks need to be strengthened. One area of strengthening is that the anti-corruption model of multi-agencies with the two foremost Anti-Corruption Agencies (ACA), the Independent and Corruption Practices Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) be reviewed. Instead, Nigeria should consider merging these two foremost institutions. The political will of the government is however sine qua non if this is to be achieved.

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Inokoba, Preye Kuro, and Weleayam Tina Ibegu. "Economic and Financial Crime Commission (EFCC) and Political Corruption: Implication for the Consolidation of Democracy in Nigeria." Anthropologist 13, no. 4 (October 2011): 283–91. http://dx.doi.org/10.1080/09720073.2011.11891209.

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Samuel, Omoniyi Oluwabusayo, and Akintoye Ishola Rufus. "Transparency and Accountability Concerns in the Nigerian Public Sector." International Journal of Research and Innovation in Social Science VIII, no. VI (2024): 2406–16. http://dx.doi.org/10.47772/ijriss.2024.806181.

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For many years, accountability and transparency have been of significant concern due to financial statement misstatements, fraud, and corruption in the public sector. Despite government policies and legislative acts aimed at addressing these issues, according to (Ezeajughu, 2021) such as the establishment of the Nigerian Constitution in 1999 and subsequent amendments, including the Budget Monitoring and Price Intelligence Unit (BMPIU), the Economic and Financial Crimes Commission (EFCC) Act 2002, the Independent Corrupt Practices and Other Related Offences (ICPC) Act (2000), the Advance Fee Fraud and Other Related Offences Act (1995), and the Financial Malpractices in Banks Act (1994), headlines still highlight ongoing corruption in the public service, thereby raising concerns on the twin issues of accountability and transparency in the Nigerian public service. It is in this regard that this paper examined the concerns of the Nigerian public regarding accountability and transparency. Using secondary data from Transparency International (TI), this paper argued that the level of transparency and accountability in the Nigerian public sector continues to wane, accentuating the rising level of corruption and corruptive tendencies in the Nigerian public sector. To reverse this trend, it is recommended, amongst other things, that the judicial system, framework, and architecture be rejigged and radially reformed through the creation of specialized courts that will speedily dispense justice.

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Salome, Ezeani Nneka. "An Evaluation of Effectiveness of Economic and Financial Crime Commission ( EFCC ) in Checkmating Public Sector Accountants Operation in Nigeria." Nigerian Chapter of Arabian Journal of Business and Management Review 1, no. 1 (December 2012): 21–34. http://dx.doi.org/10.12816/0003606.

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Gaiya, Abel B. S. "When Anti-Corruption Meets Industrial Policy: Nigeria’s EFCC’s Function Creep into Industrial Policy Enforcement." Advances in Politics and Economics 7, no. 3 (June 6, 2024): p1. http://dx.doi.org/10.22158/ape.v7n3p1.

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Industrial policy in countries characterized by high levels of unproductive and disorganized corruption is, unsurprisingly, also ridden with high levels of corruption. With dispersed distributions of power, it is more difficult to create and maintain pockets of bureaucratic effectiveness to drive successful industrial policy. This is the case in Nigeria. There has, however, been no research into the involvement of its premier anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), in industrial policy enforcement. The article identifies this phenomenon through news reports and proposes avenues for empirical research and policy experimentation. The EFCC has, over years, been involved with development loan recoveries, local content policy enforcement and infrastructure contract enforcement. These have often been at the invitation of the relevant implementing agencies which often display inundation with the enforcement challenge. Its substantial investigative and prosecutorial capabilities acquired from anti-corruption activities in a highly corrupt country have made it a key agency for others to call when help with enforcement is needed. There are some indications of propositions to institutionalize or regularize the EFCC’s involvement in local content policy and infrastructure contract enforcement, but no serious attention has been paid to these in the literature or news circles.

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Journal articles on the topic 'Nigeria. Economic and Financial Crimes Commission'

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