President Bola Tinubu has exercised his powers under section 2(3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004 to appoint a new Executive Chairman and Secretary of the Commission. The newly appointed Chairman is Mr. Ola Olukoyede, a lawyer with over 22 years of experience in regulatory compliance consulting, fraud management, and corporate intelligence. Mr. Olukoyede has previously served as Chief of Staff to the Executive Chairman and Secretary to the Commission, and his appointment fulfills the statutory requirements. Pending Senate confirmation, he will serve for a renewable term of four years in the first instance. The previous Executive Chairman, Mr. Abdulrasheed Bawa, had resigned from his position.
The newly appointed Secretary of the Commission is Mr. Muhammad Hassan Hammajoda, a public administrator with extensive experience in public finance management. Mr. Hammajoda holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same university. He began his career as a lecturer at the Federal Polytechnic, Mubi, and has worked in banking, including at the defunct Allied Bank and Standard Trust Bank. Pending Senate confirmation, he will serve for a renewable term of five years in the first instance.
President Bola Tinubu has tasked the new leadership of the Economic and Financial Crimes Commission (EFCC) with justifying the confidence placed in them by the Nigerian people. The President’s Renewed Hope agenda emphasizes the need for a newly invigorated war on corruption through a reformed institutional architecture in the anti-corruption sector, and the EFCC plays a central role in that effort.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)