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    MarketForces Africa » MarketForces News » EFCC Urges BPE DG to Embrace Accountability, Transparency

    EFCC Urges BPE DG to Embrace Accountability, Transparency

    Julius AlagbeBy Julius AlagbeSeptember 5, 2024 News No Comments3 Mins Read
    EFCC Urges BPE DG to Embrace Accountability, Transparency
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    EFCC Urges BPE DG to Embrace Accountability, Transparency

    EFCC Chairman, Ola Olukoyede has urged Ayodeji Gbeleyi, Director-General, Bureau of Public Enterprises (BPE) to embrace integrity, accountability, and transparency in discharging his duties to fulfill expectations of Nigerians.

    Dele Oyewale, spokesperson for the anti-graft commission (EFCC), said this in a statement on Thursday. He explained that Olukoyede gave the task when a delegation of BPE led by Gbeleyi paid him a courtesy visit in Abuja.

    According to him, public office is a position of trust and as such Nigeria leaders should always strive to justify the confidence reposed in them by the people. “By virtue of what we do and see every day, public office is a position of trust because you are appointed to serve the people.

    “You, therefore, owe the people a high level of integrity, accountability, and transparency. “I also want you to know that the country is looking up to you because the mandate given to you is extremely pivotal in stimulating the economy.

    “So, it is extremely important for us to look upon you with expectations,” he said. The EFCC boss further advised Gbeleyi to review activities of the bureau in order to identify the wrongs committed, correct them, and move forward properly.

    Olukoyede assured the BPE of EFCC’s readiness for enhanced collaboration, and promised to give the bureau the support it would require in the course of carrying out its mandate. He urged the bureau to always be forthcoming with information that the commission might require from it in the course of its investigations and prosecutions.

    “On our part we are ready to collaborate with you, and if there is any area you want us to give you support, we will always be willing and ready to. “Along the line, we will also be needing your support to give us information when it comes to investigation of some of our cases.  What we are doing is in the interest of the nation,” he said.

    Gbeleyi, who used the occasion to speak on the activities of the Bureau and its new trajectory, disclosed that the BPE was recalibrating its ways of doing things for optimal results, efficiency, and transparency.

    “For us,  the future looks bright because we are revamping our processes and procedures to ensure that most of our transactions are corruption-proof.

    “This is to ensure greater level of efficiency and due diligence from incubation of our transactions to structuring, negotiations and foreclosure, such that some of the legacy issues that we inherited will be proactively mitigated.

    “So, that we will be able to contribute our modest quota to the President’s Renewed Hope Agenda, especially in the anti-corruption drive and in achieving the 1 trillion dollars GDP economy.

    “So, we are here to speak on that and to introduce ourselves and seek a way to further expand the frontiers of our collaboration with the commission,” he said.

    According to him, the collaboration will be in terms of future transactions of the bureau. #EFCC Urges BPE DG to Embrace Accountability, Transparency

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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