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Report Shows How Much EFCC Retrieved Within 100 Days

by iDeemlawful
March 6, 2025
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The Chairman of the EFCC, Ola Olukoyede, specified that this impressive recovery took place between October 2023 and January 19, 2024. While stakeholders commend the EFCC for their efforts, there remains a concern regarding the possibility of re-looting the recovered funds. It is vital to determine whether this money will truly benefit Nigeria or if there will be further diversion.

Details from an EFCC document titled ‘Operations and Recoveries’ shed light on the breakdown of these recoveries.

Analysis of the data reveals that the EFCC headquarters alone retrieved N49,607,391,330.44, $3,900,200.75, £2000, and £110.

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Further breakdown shows that the Maiduguri Zonal Command recovered N58,065,870 and $3,370.

Gombe Command recovered N127,323,028.50 and $1,500. Kano Command recovered N141,944,451 and $365.

Makurdi Command recovered N53,228, 325.

Enugu Command recovered N202,117,000 and $1,950.

Uyo Command recovered N25,299,950 and $710.

Port Harcourt Zonal Command recovered N2,412,247,210.05 and $5,714,389.21.

Sokoto Command recovered the sum of N100,696,118.72.

Kaduna Command recovered N331,494,710.81, $912, £50, and €1,610, while the Ilorin Command recovered N80,280,580.86 and $880.

The Abuja Zonal Command recovered N825,928,463 and $10,000.

The Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500.

Lagos Zonal Command recovered N6,826,993,798.78, $868,284.61, £147,672.10, and €1899.90.

The EFCC, through its Benin Zonal Command, also recovered N49,515,987.09 and $5,700.e EFCC successfully retrieved N60,969,047,634.25, $10,522,778.57, £150,002.10, and €4,119.90, resulting in a total recovered amount of N70,556,658,370.5 by the anti-graft commission.

The EFCC successfully retrieved N60,969,047,634.25, $10,522,778.57, £150,002.10, and €4,119.90, resulting in a total recovered amount of N70,556,658,370.5 by the anti-graft commission.

In addition to the financial recoveries, the EFCC also succeeded in securing convictions for a total of 747 individuals involved in various financial crimes, including money laundering and internet fraud.

Okukoyede highlighted that the majority of these convictions were related to cybercrime offenses.

This information was disclosed during the EFCC’s event called ‘Dialogue on Youth, Religion, and the Fight against Corruption,’ held at the Musa Yar’Adua Centre in the Federal Capital Territory of Abuja.

Tags: CrimeEFCCNigeria Government
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