EFCC Recovers ₦566 Billion, Secures 7,503 Convictions in Two Years — Olukoyede

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that the Commission has achieved unprecedented results over the past two years.

Speaking at a media briefing in Abuja, Olukoyede revealed that the EFCC recovered over 566 billion naira and several foreign currencies from the proceeds of financial crimes, demonstrating the Commission’s renewed drive to trace, confiscate, and return illicit assets to the Nigerian state and victims of fraud.

He further stated that part of the recovered funds had been channelled into key national initiatives, including the Students Loan Scheme and the Consumer Credit Scheme, with a total of ₦100 billion invested between October 2023 and September 2025.

The EFCC, boss said the Commission received over 19,000 petitions, conducted 29,240 investigations, filed 10,525 cases in court, and secured 7,503 convictions within 2 years.