ABUJA— Economic and Financial Crimes Commission, EFCC, may be crippled next year if the Federal Government’s slashing of its 2013 budget proposal by N11.7 billion sails through the National Assembly.
Already, EFCC Chairman, Ibrahim Larmode, has expressed concern that the development might prevent the agency from meeting its personnel cost in 2013. The anti-graft agency had proposed N21,028,488,772 billion to fund its operations in 2013, but the Budget Office approved N9,328,159,022 billion, less than half of the commission’s request to meet capital, personnel and overhead expenditure items next year.