Economic And Financial Crimes Commission
In short
The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency tasked with investigating financial crimes and corruption. It focuses on tackling money laundering, advance fee fraud, and other economic offences.
In plain words
This agency hunts down people who steal public money or use illegal schemes to get rich. It works to stop fraud and ensures that the country's economy is not damaged by criminals.
A simple example
An investigator from the EFCC might track down a person who uses fake emails to trick people into sending money, known as advance fee fraud.
Why it matters
It helps protect Nigeria's economy from being undermined by dishonest individuals. By fighting corruption, the agency aims to improve the country's reputation with international financial organisations.
Easy to mix up
Do not confuse it with the ICPC, which is another Nigerian agency that focuses specifically on corruption within public offices.