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EFCC Quizzes NIPC Boss Over Corruption Allegations

August 10, 2021
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Investment in Nigeria rises by 75% in Q1 2021

Executive Secretary/CEO of NIPC, Yewande Sadiku.

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By John Ikani 

The Economic and Financial Crimes Commission (EFCC) on Monday grilled the Executive Secretary and Chief Executive Officer of the Nigerian Investment Promotion Council (NIPC) Mrs. Yewande Sadiku for about nine hours.

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Sources familiar with her case with the commission, said she was invited to respond to alleged abuse of office, bordering largely on suspicious award of contracts and receipts of certain allowances.

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Heritage Times gathered that she arrived at the headquarters of the EFCC in Abuja at about 11 a.m. on Monday.

“She is cooperating and has volunteered, but there is still a lot of grounds to be covered,” the source said.

What you should know

Ms Sadiku has been Executive Secretary/CEO of NIPC, Nigeria’s foremost investment promotion agency, since November 2016.

Some aggrieved board members in Sadiku’s organisation have repeatedly accused her of wrongdoing, duplicating petitions to several investigative agencies and the presidency.

The official has consistently denied any wrongdoing and all the agencies that have investigated her, including the ICPC and the Code of Conduct Bureau, have not established any wrongdoing so far.

Insiders at the NIPC said some board members and management staff are crossed with Ms Sadiku for insisting on due process and accountability in the running of the agency.

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