By Abuja, Nigeria
The House of Representatives has reaffirmed its determination to strengthen institutions charged with combating financial crimes, with a view to achieving more impactful results that will enhance Nigeria’s standing on the global stage.
The Chairman of the House Committee on Financial Crimes, Ginger Onwusibe, made the pledge during a 2026 budget defence session with the Economic and Financial Crimes Commission (EFCC) and the Nigeria Financial Intelligence Unit (NFIU).
Onwusibe explained that the 2026 budget prioritises infrastructure development and food security, with key objectives including macroeconomic stability, an improved business environment, job creation and human capital development.
Also speaking, the Director General of the Nigeria Financial Intelligence Unit, Hafat Bakare revealed that Nigeria has exited the high risk country list of money laundering and terrorism financing, attributing the milestone to the collaboration between the EFCC and NFIU.
On his part, the chairman of EFCC, ola olukoyede maintained that activities of fraudsters are now in high-tech, emphasizing that the commission will also step up their game.
He also stated that the commission has in recent times achieve success in cases filed in various courts across the country.
