President Tinubu has designated Ola Olukayode as the new chairman of the EFCC

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President Tinubu has granted his approval for Ola Olukoyede to assume the role of the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for an initial, renewable term of four years, subject to Senate confirmation.

A statement issued by presidential media aide Ajuri Ngelali highlights Ola Olukoyede’s extensive legal background, boasting over twenty-two years of experience as a regulatory compliance consultant and a specialist in fraud management and corporate intelligence. He has a profound understanding of EFCC operations, having previously served as the Chief of Staff to the Executive Chairman from 2016 to 2018 and as the Secretary to the Commission from 2018 to 2023, meeting the statutory requirements for the role of EFCC Chairman.

This appointment comes following the resignation of the suspended Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa.

President Bola Tinubu has also sanctioned the appointment of Muhammad Hassan Hammajoda to serve as the Secretary of the Economic and Financial Crimes Commission (EFCC) for an initial, renewable term of five years, subject to Senate confirmation.

Muhammad Hassan Hammajoda is a seasoned public administrator with extensive experience in public finance management, holding a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same institution. He initiated his career as a lecturer at the Federal Polytechnic, Mubi, before venturing into banking, where he achieved success at the defunct Allied Bank and Standard Trust Bank.

Ajuri explains that President Bola Tinubu entrusts the new EFCC leadership with the duty of justifying the confidence placed in them for this vital national role. This is part of a renewed and invigorated battle against corruption, executed through a reformed institutional framework in the anti-corruption sector, a pivotal element of the President’s Renewed Hope agenda.

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