April 14, 2026
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The Economic and Financial Crimes Commission (EFCC) has denied media reports in which its Chairman, Ibrahim Magu, vows to investigate alleged corruption at the National Social Investment Programmes (NSIP) supervised by Vice President Yemi Osinbajo.

In a statement on Wednesday, EFCC spokesperson Wilson Uwujaren,  theanti-graft agency said comments attributed to Magu during a forum had been completely taken out of context.

“The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a report captioned, “There is corruption in N-SIP programme- Magu”, which appeared in the Punch Newspaper of Wednesday September 25, 2019 and a few other newspapers, in which the acting Chairman of the Commission, Ibrahim Magu was quoted as saying that there is corruption in the National Social Investment Programme and the Anchor Borrower’s Programme.

“The papers claim that Magu, who spoke through the Spokesperson of the agency, Wilson Uwujaren at the 15th Anti- Corruption Situation Room organised by the Human and Environmental Development Agenda in Kaduna on Tuesday September 24, 2019, asked the civil society organizations “to investigate the N-SIP.”

“The Commission wishes to disclaim the reports as false and a mischievous twist of the goodwill message presented by Mr. Uwujaren on corruption and peace building in conflict communities.

“In the presentation, the EFCC spokesperson observed that the agency had received complaints in some zones regarding the social investment programmes, citing an example in Gombe where the Commission investigated a case in the Anchor Borrower’s Scheme in which sand was bagged and passed off as fertilizer.

“He therefore warned that for the crises in these conflict zones not to degenerate, civil society organisations should play more active roles in monitoring the programmes to ensure that their benefits get to the people for which they are intended,” the EFCC statement reads.

The EFCC also says bringing Osinbajo into the speech delivered for Magu is a “sensational attempt to project a false indictment, and incite the vice president against the person of the chairman of the EFCC.”

The statement concludes as follows:

“At no time in the presentation did Mr Uwujaren mention the N-SIP as a programme nor did he accuse those who superintend it of corruption. The specific case mentioned, the Anchor Borrower’s scheme, is not part of the N-SIP being supervised by the office of the Vice President.

“This clarification becomes necessary to correct the wrong impression of a verdict of corruption on N-SIP by the EFCC which the purveyors of the false reports obviously want to create. All over the world, one of the core competences of civil society organizations is project monitoring. Calling on Nigerian civil societies to monitor social intervention programmes, was not a call to”investigation” as no one had been indicted. Investigation itself is not the job of civil society organisations.

“The EFCC Chairman recognizes the unprecedented impact of the N-SIP intervention in not only lifting the poor out of poverty but also its potential for reconciling feuding communities across the country.

“It is therefore shocking to read the unfounded insinuation of the reporters, aimed only at fanning the embers of disaffection that only exist in their imagination.

“The sensational attempt to project a false indictment, and incite the Vice President against the person of the Chairman of the EFCC, is therefore condemnable.”

Vice President Prof. Yemi Osinbajo presides over the National Economic Council meeting [Twitter/@NigeriaGov]

The National Social Investment Office (NSIO) has also clarified the extent of Osinbajo’s involvement with the social welfare scheme.

37 thoughts on “EFCC Denies Investigating Osinbajo’s Social Programmes.”

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