Tinubu Names Ola Olukoyede as New EFCC Chairman, Hassan Hammajoda as Secretary in Renewed Hope Agenda

President Bola Tinubu has appointed Mr. Ola Olukoyede as the new Executive Chairman of the Economic and Financial Crimes Commission (EFCC) and Mr. Muhammad Hassan Hammajoda as the new Secretary of the Commission.

The appointments are in line with the President’s Renewed Hope agenda, which aims to revitalize the anti-corruption sector and restore public trust in the fight against corruption.

Mr. Ola Olukoyede is a seasoned lawyer and regulatory compliance expert with over two decades of experience in fraud management and corporate intelligence.

He has a deep understanding of the EFCC’s operations, having served as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023). He meets the statutory requirement for appointment as Chairman of the EFCC, as stipulated in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004. His appointment is for a renewable term of four years, subject to Senate confirmation.

Mr Olukoyede, who hails from Ikere Ekiti in Ekiti State, South-west Nigeria, replaces Mr. Abdulrasheed Bawa, who resigned as the Executive Chairman of the EFCC after being suspended over allegations of corruption.

Mr. Muhammad Hassan Hammajoda is a public administrator and public finance management specialist with a Bachelor of Science degree in Accounting and a Masters in Business Administration from the University of Maiduguri.

He has a wealth of experience in banking, having worked at the defunct Allied Bank and Standard Trust Bank. He also lectured at the Federal Polytechnic, Mubi. His appointment is for a renewable term of five years, subject to Senate confirmation.

President Bola Tinubu has charged the new leadership of the EFCC to live up to the expectations of Nigerians in this critical national assignment. He assured them of his support and commitment to reforming the institutional framework of the anti-corruption sector, which is a key pillar of his Renewed Hope agenda.

PRESIDENT TINUBU APPOINTS NEW EFCC CHAIRMAN AND SECRETARY OF THE COMMISSION

By the powers vested in President Bola Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, that “the Chairman and members of the Commission, other than ex-officio members, shall be appointed by the President,” President Tinubu has approved the appointment of Mr. Ola Olukoyede to serve 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.

Mr. Ola Olukoyede is a lawyer with over twenty-two (22) years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence. He 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). As such, he fulfills the statutory requirement for appointment as Chairman of the EFCC.

Mr. Olukoyede’s appointment follows the resignation of the suspended Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa.

Furthermore, President Bola Tinubu has approved the appointment of 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.

Mr. Muhammad Hassan Hammajoda is a public administrator with extensive experience in public finance management who 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 Bola Tinubu tasks the new leadership of the Economic and Financial Crimes Commission (EFCC) to justify the confidence given to them in this important national assignment as a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector remains a central pillar of the President’s Renewed Hope agenda.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

October 12, 2023

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