The Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, has called for an urgent review of the Internally Generated Revenue (IGRs) of higher institutions in Nigeria as a way of preventing leakages, mismanagement and outright corruption.
Speaking at the EFCC anti-corruption sensitization programme organized in conjunction with the National Board for Technical Education (NBTE) for Rectors and Provosts of Polytechnics in Nigeria on Wednesday, June 24, 2015 at the NBTE Centre of Excellence (COE), Kajuru Close, Kaduna, he lamented the lack of accountability in the management of IGRs of higher institutions in the country.
In his address titled “We Must Collaborate to Eradicate Corruption in Education”, Lamorde charged the management of technical education in Nigeria to make transparency and accountability their guiding principles.
According to him, “Let me remind us that time does not run out on criminal investigation and prosecution. Therefore, if you neglect to do what you should today, EFCC may come knocking on your door. Make transparency and accountability your guiding principles today or you will be held accountable for your failure to check corruption in your institution, even long after you have left it.
“It bears repeating that a nation is only as good as its educational sector. Therefore, it is incumbent on all of us to bring all our activities within the realms of the rule of law and to lead by example in transparency, openness and accountability in realization of the fact that we hold office today in trust for the public.
“We are keen to help model and showcase not just the NBTE, but all institutions under it as key players and shining examples of the fight against fraud and corruption in the education sector”, he added.
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