EFCC identifies illegal mining as threat to nation’s economy
Written by Joey Shekwonuzhibo on July 7, 2023
The Economic and Financial Crimes Commission EFCC has identified illegal mining and crime activities as a major threat to the local and national economy through non- payment of royalties, taxes and other dues.
The Acting Executive Chairman of EFCC, Mr Abdulkarim Chukkol, represented by the Zonal Head, Mr Micheal Nzekwe, made the assertion at a Day Workshop, organised by the commission for journalists, in Kwara.
With the theme;“Effective Reporting of Economic and Financial Crimes”, the chairman also noted that cybercrime is a major crime, particularly among undergraduates and fresh graduates of tertiary institutions.
The EFCC boss is urging Nigerians not to wait until they suffer any loss on economic and financial crimes before they move against corrupt practices, as it remains a threat to individual and corporate progress.