In a speech delivered at the Institute for Governance and Leadership Studies in Africa (IGLSA) on Saturday, former Economic and Financial Crimes Commission (EFCC) Chairman Ibrahim Magu called for a renewed and vigorous fight against corruption in Nigeria. He emphasized that corruption is a major impediment to the country’s progress and development.
Magu stated that corruption is pervasive and deeply entrenched in the Nigerian system, but that it is not an insurmountable obstacle. He urged the government to persevere in its efforts to combat corruption, and emphasized the need for a holistic approach that involves all stakeholders.
He also called on Nigerians in the Diaspora to return home and invest in the country, noting that the government offers incentives to encourage a conducive business environment. He believes that this would create economic boost, reduce unemployment, and curb youth restiveness.
Magu further emphasized the importance of infrastructure development, a secure environment, and a conducive business environment for sustainable economic growth. He called for the simplification of bureaucratic processes, the promotion of ease of doing business, and the support of small and medium-sized enterprises (SMEs) to empower local businesses.
In conclusion, Magu reiterated his belief that corruption is the bane of Nigeria’s progress and that it must be tackled head-on. He urged all Nigerians to join hands in the fight against corruption, stating that a corruption-free nation is the bedrock for sustainable economic growth and positive development.