EFCC and Presidency Meeting on Investment Promotion

The Economic and Financial Crimes Commission (EFCC) and the Presidential Economic Advisory Council have forged a strategic partnership aimed at bolstering foreign direct investment in Nigeria. This collaborative agreement was formalized on September 4, 2025, during a courtesy visit by Prince Adeniyi Adeyemi, Director General of the Presidential Economic Advisory Council, to the EFCC's Executive Chairman, Ola Olukoyede, at the Commission's headquarters in Abuja.

The meeting was deemed pivotal in assessing the legitimacy of potential investors ahead of the World Investment Summit, scheduled to take place in Nigeria in November 2025. Adeyemi emphasized the importance of cautiously navigating investment opportunities to avoid potential complications. He noted that while several foreign investors have expressed interest in supporting the President's economic agenda, it is essential to verify the legitimacy of their funds to prevent any adverse consequences.

Adeyemi commended Olukoyede for his exemplary leadership at the EFCC, acknowledging the challenges inherent in such a role. In response, Olukoyede welcomed the partnership opportunity with the Council, emphasizing the EFCC's commitment to combating corruption while promoting economic growth. He stressed the need to strike a balance between combating financial crimes and attracting foreign investments, highlighting the Commission's dedication to creating a conducive business environment.

Olukoyede reaffirmed the EFCC's commitment to pursuing corrupt investors who seek to harm the economy. He emphasized the importance of adhering to the rules and taking decisive action against those who attempt to exploit the system. By doing so, the EFCC aims to ensure a level playing field for legitimate investors and promote sustainable economic growth.

This collaborative agreement between the EFCC and the Presidential Economic Advisory Council is a significant step towards enhancing Nigeria's investment climate. By working together, both entities can effectively identify and mitigate potential risks associated with foreign investments, ultimately fostering a more favorable business environment. As Nigeria prepares to host the World Investment Summit, this partnership demonstrates the country's commitment to transparency, accountability, and economic growth.