EFCC STOPPED CONTRACTOR FROM USING FAKE TRANSMISSION LINES, SAYS OLOKUKOYEDẸ
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Agency Report
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the commission in 2024 stopped a contractor from executing a power project with fake and substandard transmission lines.
Olukoyede made the disclosure in Abuja while receiving the Managing Director/Chief Executive Officer of the Nigerian Electricity Management Services Agency (NEMSA), Olusegun Adesayo, during a courtesy visit to the commission’s headquarters.
According to a statement by EFCC spokesman, Dele Oyewale, the EFCC boss said the contractor had been mobilised by the Federal Ministry of Power before investigations uncovered that he imported substandard transmission materials.
“In 2024, we had cause to write to the Ministry of Power to blacklist a contractor when we investigated and confirmed that he imported fake and substandard power transmission lines for the execution of a contract given to him,” Olukoyede said.
He noted that the commission’s intervention prevented a potential disaster that could have resulted in loss of lives and property.
The EFCC chairman also assured NEMSA of the commission’s readiness to collaborate in strengthening compliance and improving electricity supply in the country. He emphasised that the EFCC’s mandate extends beyond financial crimes to tackling economic sabotage, including procurement and contract fraud.
“We believe that when stakeholders play by the rules guiding the industry, there will be noticeable improvement in power supply,” he added.
Earlier, Adesayo said the visit was aimed at deepening collaboration with the EFCC in enforcing safety standards, promoting transparency, and tackling substandard electrical materials in the sector.
He called for support in areas such as intelligence sharing, procurement monitoring, investigation of contract abuses, and public sensitisation, while reaffirming NEMSA’s commitment to regulatory compliance and internal reforms.
The development comes amid ongoing concerns over the use of substandard materials and procurement irregularities in Nigeria’s power sector, which stakeholders say continue to affect electricity supply and infrastructure reliability.
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