The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has denounced the practice of repackaging, rebranding, and reselling government palliatives meant for the public. He emphasized that this behavior undermines the government’s efforts to assist vulnerable populations.
Olukoyede made these comments during a visit from Olatunji Bello, CEO of the Federal Competition and Consumer Protection Commission (FCCPC), in Abuja. EFCC spokesperson Dele Oyewale reported that Olukoyede urged the FCCPC to share intelligence with the EFCC to enhance operational effectiveness.
The EFCC Chairman highlighted that the FCCPC had already identified issues related to the diversion of palliatives and stressed that collaboration with the EFCC would help deter such misconduct. He said, “Often, government palliatives do not reach their intended recipients. Instead, some individuals repackage, rebrand, and sell them. There are numerous problems within our systems. It is vital that you share your intelligence with us to support your compliance and surveillance efforts. Please inform us when you have such information. Identifying these issues is important, but sanctions are also necessary. Effective sanctions are the only real deterrent. We are committed to strengthening our collaboration to ensure the impact of your work is felt.”
Bello stated that his visit aimed to seek closer cooperation with the EFCC to better fulfill the FCCPC’s mandate. He added, “We believe in collaborative efforts and need to leverage your strengths, especially in consumer-related surveillance and investigations. Our mission is to protect the interests of consumers in Nigeria.”
, Ola Olukoyede, has denounced the practice of repackaging, rebranding, and reselling government palliatives meant for the public.){kind=link}