The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has alleged that some state governors covertly promoting insecurity in order to inflate their security vote.
Magu stated this on Wednesday during his presentation with the theme, “Imperative of Fighting Corruption/Terrorism Financing in Nigeria” at the induction of new and returning governors at the Old Banquet Hall, Presidential Villa, Abuja.
The anti-corruption czar said he was not going into debate on the constitutionality of security vote, but advised the governors to be conscious of transparency in the expenditure of public funds.
“We have also seen evidence of theft of public resources by some state governors – cashing on the insecurity in their states. Insecurity has also offered the required oxygen for corruption to thrive as evident in the $2.1bn arm procurement scandal involving top military commanders both serving and retired,” Magu noted.
While stating that corruption can also not be divorced from the festering insurgency in the Northeast, the EFCC boss added that high level of poverty in the region due in part to corruption by the ruling elite, is largely to blame for the ease with which the Islamists are able to recruit fighters to sustain their aggression against the Nigerian state.
Magu, who further pointed out that the militancy in the Niger Delta and insurgency in the Northeast were by-products of corruption said as an investigator, he is shocked by the quantum of resources stolen from the Niger Delta Development Commission (NDDC) by those who run the intervention agency.
“It is so bad that even a mere personal assistant to a former Managing Director was charged for stealing over N3 billion. ”
While tasking the newly elected and returning governors on the need to shun corruption, he said corruption and terrorism have become the twin evils, undermining collective efforts to make Nigeria a truly great country.
He further stated that Nigeria’s failure to take full advantage of its natural resources could also be attributed to corruption as public office holders are in the habit of constantly pillaging public resources.