President Bola Ahmed Tinubu has revealed that the Financial and Monetary Crimes Fee (EFCC) has recovered N500 billion and secured over 7,000 convictions beneath his administration, commending the management of Chairman Ola Olukoyede for the achievements.
The commendation got here throughout Tinubu’s keynote deal with on the seventh EFCC-NJI Capability Constructing Workshop for Justices and Judges held on Monday, October 20, 2025, on the Nationwide Judicial Institute, Abuja. The workshop carried the theme: “Enhancing Justice within the Struggle towards Financial and Monetary Crimes.”
Represented by Vice President Kashim Shettima, the President highlighted the administration’s concentrate on public accountability and institutional independence for anti-corruption companies.
“As an administration, now we have prioritized public accountability by strengthening the anti-corruption companies and accorded them the wanted independence to execute their statutory mandates. This enabling surroundings is clear within the impression that has been made within the final two years.
“The EFCC, for instance, has recorded over 7,000 convictions within the first two years of the current administration and recovered belongings in extra of 5 Hundred Billion Naira. Recovered proceeds of crime by the company have been ploughed again into the economic system to fund essential social funding programmes, together with the College students’ Mortgage and Client Credit score schemes,” he stated.
Tinubu pressured the pivotal position of the judiciary within the anti-corruption combat, urging judges and justices to uphold justice and accountability.
“Now we have a possibility to consolidate the efforts of the final two years to ship an optimum anti-corruption framework that can help our peaceable progress and improvement. A Nigeria freed from corruption is feasible if all of us decide to doing what is correct in our respective spheres of affect and making certain that those that deviate from the norm will not be allowed to go scot-free. A strong judicial system is central to the success of anti-corruption efforts, and I rely on our judges,” he stated.
He warned that nobody, together with judges, is immune from the results of corruption and referred to as for all branches of presidency to collaborate in eradicating corruption for nationwide progress and safety.
The EFCC’s annual efficiency report exhibits that the company recovered N364.5 billion, $326.5 million, alongside different foreign currency echange and belongings, whereas securing 4,111 convictions throughout varied courts in a single yr.
The EFCC has signaled its intention to surpass the N364.5 billion recovered in 2024 by strengthening professionalism and integrity in its operations
