The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has pledged the Commission’s support to the Nigeria Institute of Quantity Surveyors (NIQS) in combating corruption and quackery within the industry.
During a courtesy visit by the President of NIQS, Mr. Kene Nzekwe, Mr. Olukoyede stated that the EFCC is prepared to collaborate with stakeholders in the fight against corruption.
He emphasized the need for the NIQS to ensure that quantity surveyors adhere to ethical standards, offering to address corruption-related issues involving its members.
Olukoyede highlighted the EFCC’s focus on prevention, aiming to save government funds by averting corruption rather than pursuing costly prosecutions. He also expressed the Commission’s commitment to professionalism.
In response, Mr. Nzekwe assured Mr. Olukoyede of NIQS’s full support and cooperation in addressing challenges. He emphasized NIQS’s commitment to ethical practices and transparency in cost management and procurement within the construction and infrastructure sectors. He acknowledged the challenges posed by corruption in procurement processes and expressed optimism about the transformative potential of infrastructure investments.
READ ALSO: NIQS urges collaboration, innovation to ensure global best practices
Nzekwe also highlighted the need to confront corruption within the construction sector, citing reports of contract inflation, embezzlement, and abandoned projects. He commended the EFCC’s efforts to combat corruption and offered NIQS’s solidarity in the fight against corruption.