Abuja, March 25, 2026 – The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has disclosed that the Commission intervened in 2024 to halt a contractor mobilised by the Ministry of Power from executing a project with fake and substandard transmission lines.
Olukoyede made the revelation during a courtesy visit by the Managing Director/Chief Executive Officer of the Nigerian Electricity Management Services Agency (MEMSA), Engineer Olusegun Adesayo, at the EFCC headquarters in Abuja.
According to him, EFCC investigations confirmed that the contractor had imported fake transmission lines, which posed grave risks to national infrastructure and public safety.
“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 stated.
He emphasised that the Commission’s intervention saved the country from potential disaster, including possible loss of lives and valuables.
Olukoyede assured MEMSA of EFCC’s readiness to collaborate in ensuring transparency, accountability, and improved electricity supply nationwide.
“Our mandate covers economic sabotage, not only financial crimes. We believe that by working together, we can strengthen regulation, enforce standards, and ultimately improve power supply in Nigeria,” he added.
In his remarks, MEMSA’s Adesayo highlighted the importance of collaboration with EFCC in intelligence sharing, procurement oversight, investigation of substandard materials, and public sensitisation.
He stressed that MEMSA is committed to enforcing technical standards and ensuring the safety, reliability, and quality of electrical infrastructure across Nigeria.
Adesayo also assured Olukoyede of internal reforms within MEMSA, aligning with the federal government’s anti-corruption agenda and reinforcing probity in the electricity sector.
#EFCC #NigeriaPowerSector #AntiCorruption #ElectricitySupply #Olukoyede #MEMSA #PublicSafety #NigeriaNews
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