Presidency, EFCC join forces to attract investment into Nigeria

The Economic and Financial Crimes Commission (EFCC) and the Presidential Foreign Intervention Promotion Council (PFIPC) have agreed to strengthen collaboration to attract and secure foreign direct investments (FDI) into Nigeria.

The renewed partnership was cemented during a courtesy visit by PFIPC’s Director General, Prince Adeniyi Adeyemi, and his team to EFCC Chairman, Mr. Ola Olukoyede, at the Commission’s headquarters in Abuja.

Adeyemi said the visit was part of strategic consultations ahead of the World Investment Summit, slated to hold in Nigeria in November 2025—a historic event being hosted in Africa for the first time.

“We are meeting investors across the globe. While many are eager to invest in Nigeria, we must be vigilant to avoid accepting funds tied to terrorism, fraud, or other illicit activities,” Adeyemi explained.

Highlighting the need for credible intelligence to vet potential investors, he stressed: “We need the EFCC’s support to ensure due diligence and transparency. It’s not just about attracting investment—it’s about securing the integrity of our economy.”

He also commended Olukoyede for his leadership at the EFCC and pledged ongoing collaboration to promote President Tinubu’s economic agenda.

In response, EFCC Chairman Olukoyede welcomed the partnership and reiterated the Commission’s dual commitment to fighting corruption and safeguarding economic growth.

“Our mission is not to stifle investment, but to ensure the money coming into our economy is clean and used for development,” Olukoyede stated. “We are open to collaboration, but we won’t hesitate to take down any investor whose goal is to undermine our economy.”

He emphasized the need to strike a balance between anti-corruption efforts and investment promotion, adding that the Commission remains committed to upholding the law and protecting Nigeria’s financial ecosystem.