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Ibrahim Magu Corruption is the cause of Nigeria’s economic recession – EFCC boss says

Magu said his while on a courtesy call to the Chief of Naval staff in Abuja.

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Ibrahim Magu play

EFCC boss, Ibrahim Magu


The Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has said that the current economic challenges the country is facing is as a result of corruption.

He said his while on a courtesy call to the Chief of Naval staff in Abuja on Thursday, December 1, 2016.

According to Premium Times, Magu insisted that there is a link between the current economic recession and corruption.

The EFCC boss also said unless Nigerians stand up against corrupt practices, the youths of the country have no hope.

Speaking on the issue of state and local government allocations, Magu said “If 50 percent of the allocations at the three tiers of governments are judiciously put to use, we would not be where we are in terms of underdevelopment and infrastructural decay.”

Adding that “EFCC alone cannot fight corruption; we need all hands to be on deck. We have come to appreciate you for the robust relationship that exists between the EFCC and the Nigerian Navy, and we want to leverage on that to stem corruption in Nigeria.”

Magu said he was at the Naval headquarters to facilitate inter-agency cooperation between the EFCC and other sister agencies.

ALSO READ: Some people want to bring me down – Magu says

He also called on the Chief of Naval Staff, Vice-Admiral Ibok-Ete Ekwe Ibas to mobilise female Navy personnel to take part in the Women Against Corruption initiative organised by the first lady, Aisha Buhari on December 7, 2016.

Recently, the Chairman of the Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), slammed the Senate for delaying Magu’s appointment.

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