Mr Ola Olukoyede, the Chairman of Economic and Financial Crimes Commission(EFCC), says the commission is already monitoring funds going to the local governments across the country.
Thefrontrank reports that Olukoyede made this known on Thursday when leaders of the National Christian Youth Professionals(NCYP) led by Isaac Abrak paid him a courtesy visit at the Commission’s headquarters in Abuja.
Responding to call by his visitors that EFCC should strictly monitor the management of funds accruing to local government areas owing to the financial autonomy granted them by the government, Olukoyede said the anti-graft agency is already doing that.
“There is need for us to monitor allocations going to the grassroots and we have started that already.
“We have a department called Fraud Risk Assessment and Control that is closely monitoring and tracking payments, contracts and other releases to ensure that funds are expended on what they are meant for,” Thefrontrank quoted the EFCC boss as saying.
While appreaciating the group for the visit, he also urged its members to use their platforms to unite Nigerians to do what is right.
“Doing the right thing has nothing to do with whether you are a Christian or a Muslim. Let’s continue to operate as people of integrity irrespective of our faith”, he said.
He agreed with the group on the need for closer monitoring of allocations to the local government, stressing that the Commission will continue to do its job in the overall interests of the nation.
Speaking earlier, Abrak noted that development at the grassroots level was low and that only prudent management of resources being channeled to local government areas could accelerate growth and reduce poverty.
