The Economic and Financial Crimes Commission, EFCC, has warned council chairmen in Nigeria, including Gombe State, not to see financial autonomy as an opportunity to embezzle funds.
EFCC chairman, gave the warning at the Gombe State Local Government Summit, where he urged council chairmen and executives to resist the temptation of fraud, as he emphasised that council chairmen and executives at the local government level do not have immunity.
With local government autonomy granted by the Supreme Court, Olukoyede stated that the commission would deploy more personnel to Gombe State, in order to monitor fund management.
The EFCC Boss added that the commission would not wait for officials to finish their tenure before ensuring accountability and transparency in financial matters, reminding council chairmen that financial autonomy does not come with constitutional immunity.
He described the Supreme Court’s decision on local government autonomy and direct allocation of funds as a welcomed development that should improve council funding.
However, he expressed concerns that such funds might not be used properly, given councils’ history of financial mismanagement and lack of accountability.
According to him, council resources have often been misused, turning councils into ATMs for corrupt officials who divert public funds for personal gain.
The EFCC chairman noted that councils’ financial struggles and inability to meet community obligations raised concerns about their fiscal viability and effectiveness.
Many council chairmen have blamed inefficiency on state governors’ influence and the hijacking of local government resources, he said.
With financial autonomy, such excuses would no longer be valid, and chairmen would be held responsible for mismanagement in their councils.
He advised council chairmen to embrace accountability and financial integrity, using autonomy to implement life-changing projects in their communities.
The EFCC boss also urged them to improve their capacity to manage resources effectively, ensuring transparency and compliance with financial laws.
“Acquire more knowledge and build your capacity on relevant laws guiding financial management. Ignorance of the law is not an excuse,” he warned.
