Tinubu Appoints Olukoyede as New EFCC Chairman

BY CHIKA OKEKE, Abuja
President Bola Tinubu has appointed Mr. Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years in the first instance, pending Senate confirmation.
Tinubu said that the appointment was in line with section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, which mandated the President to appoint the Chairman and members of the Commission, other than ex-officio members.
Olukoyede’s appointment followed the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa.
A statement by the Special Adviser to the President on Media & Publicity, Chief Ajuri Ngelale on Thursday, revealed that Olukoyede is a lawyer with over twenty-two years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.
The chairman has extensive experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023).
Given his career progression, he fulfilled the statutory requirement for appointment as Chairman of the EFCC, the statement added.
In addition, the President also appointed Mr. Muhammad Hassan Hammajoda to serve as the Secretary of the Economic and Financial Crimes Commission (EFCC) for a renewable term of five years in the first instance, pending Senate confirmation.
Hammajoda is a public administrator with extensive experience in public finance management.
He 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. From there, he went into banking, including successful stints at the defunct Allied Bank and Standard Trust Bank.
President Tinubu tasked the new appointees to justify the confidence reposed on them to renew war on corruption through a reformed institutional architecture in the anti-corruption sector, which remains a central pillar of the President’s Renewed Hope agenda.