The Economic and Financial Crimes Commission (EFCC) has presented a budget of N31,350,512,836 to the National Assembly for its operations in 2022.
The figure represents a slight improvement over the N29,575,694,747.46 appropriated for the Commission in 2021.
This was disclosed by the anti-graft agency in a statement issued on Tuesday, October 26, 2021.
Presenting the budget to the Senate Committee on Anti-corruption and Financial Crimes, headed by Senator Sulaiman Abdul Kwari, the Executive Chairman of the Commission, Abdulrasheed Bawa gave an overview of the performance of the Commission’s 2021 budget.
He disclosed that of the total of N29,575,694,747.46 appropriated for the Commission in the current year, N27.7billiont has so far been released.
He said, “Funding is a major challenge of the Commission, as it has affected the activities of the Commission in the areas of training, technical equipment, procurement operational vehicles, upgrading of ICT infrastructures, among others.”
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