By Huldah Shado
The Economic and Financial Crimes Commission (EFCC), says it has recovered over ₦566 billion, $411 million, and 1,502 properties in the last two years under its Executive Chairman, Ola Olukoyede.
Olukoyede, represented by Director of Public Affairs Wilson Uwujaren, disclosed this in Abuja during a press briefing marking his second year in office.
Between October 2023 and September 2025, the EFCC received 19,000 petitions, conducted 29,240 investigations, filed 10,525 cases, and secured 7,503 convictions.
He said the recoveries included ₦566.3 billion, $411.6 million, £71,306, and €182,877 traced to proceeds of financial crimes, alongside 1,502 non-monetary assets, notably 753 duplexes in Lokogoma, Abuja, and Nok University, now the Federal University of Applied Sciences, Kaduna.
Olukoyede listed high-profile cases involving ex-governors Willie Obiano, Yahaya Bello, Theodore Orji, and former CBN Governor Godwin Emefiele, among others.
He added that 55 EFCC officers were dismissed for misconduct, while diligent staff were rewarded with promotions and welfare support.
The EFCC boss reaffirmed his commitment to corruption prevention through the Fraud Risk Assessment and Control Unit (FRAC), stressing that “prevention is more cost-effective than enforcement.”
