Repackaging Of Aid Items For Profit Draws Criticism From EFCC Head
Repackaging Of Aid Items For Profit Draws Criticism From EFCC Head
Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has condemned the practice of repackaging, rebranding, and reselling government palliatives meant for the public. He stated that such actions undermine the government’s efforts to assist vulnerable populations…… CONTINUE READING
Olukoyede made these comments during a meeting with Olatunji Bello, Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), in Abuja. According to an EFCC statement by spokesperson Dele Oyewale, Olukoyede urged the FCCPC to share intelligence with the EFCC to improve its effectiveness.
The EFCC Chairman pointed out that the FCCPC had already uncovered issues related to the diversion of palliatives and stressed that collaboration with the EFCC would help prevent such misconduct. He noted, “Often, government palliatives do not reach their intended recipients and are instead repackaged, rebranded, and sold. This reflects deep systemic problems. It is crucial to share intelligence with us to support compliance and surveillance efforts.”
Olukoyede emphasized that sanctions are essential for deterring such offenses and reiterated the need for stronger cooperation between the two agencies.
Bello, in turn, expressed his intention to enhance collaboration with the EFCC to better fulfill the FCCPC’s mandate. He stated, “We are committed to a collaborative approach, leveraging your strengths in surveillance and investigation to protect consumer interests in Nigeria.
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