2016 Budget Defence: EFCC Asks For More Funding

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2016 Budget Defence: EFCC Asks For More Funding

By Correspondent

The Economic and Financial Crimes Commission (EFCC) has requested for more funding to help it carry out its mandate of checking financial crimes in the country.This appeal was made by the Chairman of the Commission, Mr Ibrahim Magu, when he appeared before the House of Representatives Committee on Financial Crimes to defend the Commission’s 2016 budget.“I very much believe that even if you’re going to give us everything we have asked for, it will not be adequate but considering the situation we are, there is nothing we can do,” he said.The EFCC Chairman was also questioned on the agency’s decision to investigate different sectors of the economy.As work continues on the 2016 budget which is before the National Assembly, Committees have been meeting with the representatives of the different arms of the Executive to put finishing touches to the over 6 trillion naira budget.The Minister of Health also brought this same appeal for more funding when he appeared before the Senate Committee on Health.Prof. Isaac Adewole raised the issue of shortfall in the Ministry’s budget.

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