Tinubu Appoints New EFCC Chairman, Secretary

President Bola Tinubu yesterday approved the appointment of Mr. Ola Olukoyede as the new Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of five years in the first instance, pending Senate confirmation.
This was contained in a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, yesterday.
This development comes nearly four months after Tinubu suspended the former chairman of the anti-graft agency chief, Mr. Abdulrasheed Bawa.
“Mr. Olukayode’s appointment follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa”, the statement said.
Ngelale said by the powers vested in President Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, that “the Chairman and members of the Commission, other than ex-officio members, shall be appointed by the President.”
He explained that Olukoyede is a lawyer with over 22 years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.
“He has extensive experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023). As such, he fulfills the statutory requirement for appointment as Chairman of the EFCC”, he said.
Furthermore, the presidential spokesman said Tinubu has also approved the appointment of Muhammad Hassan Hammajoda to serve as Secretary of the anti-graft Commission for a renewable term of five years in the first instance, pending Senate confirmation.
“Muhammad Hassan Hammajoda is a public administrator with extensive experience in public finance management who holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same university.
“He began his career as a lecturer at the Federal Polytechnic, Mubi. From there, he went into banking, including successful stints at the defunct Allied Bank and Standard Trust Bank.
“President Bola Tinubu tasks the new leadership of the Economic and Financial Crimes Commission (EFCC) to justify the confidence given to them in this important national assignment as a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector remains a central pillar of the President’s Renewed Hope agenda,” he said.
Below are some things to know about Olukoyede:
1. Olukoyede was born on October 14, 1969.
2.. Olukoyede is a native of Ikere-Ekiti, Ekiti State.
3.. He had his university education at the Lagos State University; University of Lagos; Institute of Arbitration, France and the Kennedy School of Executive Education, University of Harvard, United States.
4.. The Ekiti State-born EFCC chairman was a member of the Fraud Advisory Panel, United Kingdom.
5. Olukoyede is a lawyer with over 22 years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.
6. Olukoyede worked at the law firm of former Vice President Yemi Osinbajo before joining the EFCC.
7. At the EFCC, Olukoyede previously served as the Chief of Staff to the Executive Chairman, Ibrahim Magu (2016-2018)
8. He served as the Secretary of the anti-graft agency between 2018 and 2023.
9. Findings also reveal that he is a Pastor of the Redeemed Christian Church of God, City of Refuge, Lagos Province 12, Shasha, Lagos State.
10. He’s a member of the Federal Government Technical Committee on the Repositioning of the Nigerian Financial Intelligence Unit.