What is it about?
This write-up answered the question of why the 2004 Act which set up Nigeria’s Economic and Financial Crimes Commission (EFCC) has failed to tame corruption in Nigeria. Reflecting on the numerous cases of political interference in the activities of the EFCC, the lack of some adequate funding of the activities of the commission and the EFCC’s plea bargaining regime, and relying on the thoughts of Charles Sherman and Ann Seidman and Robert Seidman, the write-up submits that the 2004 Act has principally failed to check corruption – and by extension has failed as a development Act – because it was not drafted and implemented for development.
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Why is it important?
The write is very important because it answers the question of how the Economic and Financial Crimes Act (2004) has failed to tame corruption in Nigeria. Corruption is still rampart in Nigeria today.
Perspectives
I hope that those who are interested in researching corruption in Nigeria or designing a template for fighting corruption in Nigeria will read this article. I believe that if the reasons why the Act has failed in Nigeria are tackled, corruption will be a thing of the past in Nigeria.
Somadina Ibe-Ojiludu
City University
Read the Original
This page is a summary of: The Failure of Nigeria’s Economic and Financial Crimes Commission (establishment etc.) Act 2004 as a Development Act, The Law and Development Review, January 2017, De Gruyter,
DOI: 10.1515/ldr-2017-0034.
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