The Economic and Financial Crimes Commission (EFCC) has announced the recovery of a total of N70 billion within a 100-day period, spanning from October 2023 to January 19, 2024.
According to an EFCC document titled “Operations and Recoveries,” the commission disclosed that it recovered N60,969,047,634.25, $10,522,778.57, £150,002.10, and €4,119.90 during this period, totaling N70,556,658,370.5.
During the same period, the EFCC reported receiving a total of 3,325 petitions, accepting 2,657 of them, and securing convictions of 747 individuals for financial crimes, including money laundering and internet fraud.
A breakdown of the recovered funds by various EFCC commands is as follows:
– EFCC headquarters: N49,607,391,330.44, $3,900,200.75, £2000, and £110.
– Maiduguri Zonal Command: N58,065,870 and $3,370.
– Gombe Command: N127,323,028.50 and $1,500.
– Kano Command: N141,944,451 and $365.
– Makurdi Command: N53,228,325.
– Enugu Command: N202,117,000 and $1,950.
– Uyo Command: N25,299,950 and $710.
– Port Harcourt Zonal Command: N2,412,247,210.05 and $5,714,389.21.
– Sokoto Command: N100,696,118.72.
– Kaduna Command: N331,494,710.81, $912, £50, and €1,610.
– Ilorin Command: N80,280,580.86 and $880.
– Abuja Zonal Command: N825,928,463 and $10,000.
– Ibadan Zonal Command: N135,519,810, $14517, £280, and €500.
– Lagos Zonal Command: N6,826,993,798.78, $868,284.61, £147,672.10, and €1899.90.
– Benin Zonal Command: N49,515,987.09 and $5,700.
The EFCC’s efforts demonstrate its commitment to combatting financial crimes and recovering illicitly acquired funds for the benefit of the Nigerian economy.
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