The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has blamed the incessant power failure in the country on corruption within the power sector.
Olukoyede revealed that the findings from the commission’s investigations also revealed that graft was the root cause.
Olukoyede made the dosclosure when he received in audience member of the House Committee on Anti-Corruption and Financial Crimes in Abuja.
Olukoyede said: “As I am talking to you now, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears. People who were awarded contracts to supply electrical equipment, instead of using what they call 9.0 gauge, would go and buy 5.0.
“So every time, you see it tripping off, getting burnt, and all of that. It falters, and it collapses. This is part of our problems.”
