ICPC Chairman Warns IFFs, Money Laundering Deprive Nigeria of Resources for Development
By Chizoba Njaka
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has warned that illicit financial flows (IFFs) and money laundering continue to deprive Nigeria of resources needed to fund development, weaken governance and worsen the living conditions of citizens.
Aliyu gave the warning on Tuesday October 6, 2026 while flagging off a three-day combined training workshop on Illicit Financial Flows and Money Laundering, alongside an Anti-Corruption Leadership Series, at the Anti-Corruption Academy of Nigeria (ACAN), Keffi, Nasarawa State.
The capacity-building programme is designed for public officers, civil servants and stakeholders across Ministries, Departments and Agencies (MDAs), with the aim of strengthening their capacity to detect, deter and report suspicious financial activities and improve the fight against corruption and financial crimes.
The ICPC chairman said the benefits of illicit financial flows accrued mainly to a privileged few, while the country bore the consequences through lost revenue and reduced public services. He stressed that the fight against corruption should go beyond enforcement to include regular training and capacity building on prevention, integrity and global best practices.
“Enforcement is only one leg of the fight against corruption. Sustainable anti-corruption requires prevention through knowledge, integrity and leadership,” Aliyu said, urging participants to apply the knowledge gained and become ambassadors of transparency, accountability and integrity in their respective organisations.
He said the ICPC was committed to repositioning ACAN as a world-class centre of excellence for anti-corruption training, research and development, capable of producing professionals equipped to tackle emerging corruption challenges in Nigeria and beyond.
Aliyu also conducted an on-site assessment of the Academy’s facilities to identify areas requiring urgent upgrading and improvement. He assured that the Commission would provide the necessary support, infrastructure and partnerships to help the institution meet international standards in anti-corruption training and education.
The ICPC chairman urged participants to take the workshop seriously and use the knowledge acquired to strengthen transparency and accountability in their organisations, stressing that effective anti-corruption measures were essential to ensuring that Nigeria’s resources were retained and deployed for the benefit of citizens.
The three-day workshop forms part of the Commission’s broader efforts to strengthen institutional capacity and promote preventive approaches to corruption, illicit financial flows and money laundering among public officials and other relevant stakeholders.
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