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    EFCC recovered N365.4bn, secured 4,111 convictions in 2024

    Vincent OsuwoBy Vincent OsuwoMarch 16, 2025No Comments2 Mins Read
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    EFCC accuses banks, fintechs of enabling N18.7bn fraud
    EFCC chairman, Ola Olukoyede
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    The Economic and Financial Crimes Commission (EFCC) said it recovered over N365.4bn and secured 4,111 convictions in 2024.

    The commission’s executive chairman, Ola Olukoyede, announced this at a three-day directors retreat in Uyo, Akwa Ibom State, with the theme “EFCC: The Journey So Far, Ensuring Professionalism and Integrity.”

    Olukoyede thanked staff for their dedication and pledged to break the record in 2025, according to a statement by the commission’s spokesperson, Dele Oyewale.

    “In 2024, the commission secured 4,111 convictions and a monetary recovery of over N365.4 billion. The EFCC’s boss appreciated the sacrifice, hard work, and discipline and called for increased dedication to surpass the records of 2024 and greater commitment to the integrity of processes in the agency,” the statement read.

    The chairman underlined the need for maintaining professionalism and integrity in the battle against corruption, saying that the EFCC’s personnel would be a critical mass of honest, highly motivated, and effective individuals.

    He also stated that in another six months, he would deliver a brand new EFCC in Nigeria.

    Speaking on the “Role of Personnel in Information Management and Public Perception of the EFCC”, Professor Tonnie Iredia, one of the resource persons, emphasised that the wrong perception of the works of the EFCC was coming out of deliberate distortion and outright cynicism about the strides and courageous works of the Commission.

    Mr Femi Falana, SAN, who analysed the commission’s progress, praised Olukoyede’s “passion, integrity, and transparent leadership” and encouraged Nigerians to become more involved in the anti-graft fight.

    He praised Olukoyede and the entire commission staff for being undeterred, resolute, and progressive in moving the anti-graft war forward, promising that challenges posed by the judiciary would be investigated to ensure that the commission fully delivers on its mandate of combating corrupt practices throughout the country.

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    Sultan of Sokoto

    Sultan confirms moon sighting, declares Wednesday beginning of Ramadan

    February 17, 2026
    Galatasaray will head to Turin with a three-goal advantage after recovering from a deficit to defeat Juventus in an intense first leg of their Champions League knockout phase playoff tie.

    Galatasaray thrash Juventus 5-2 in thrilling UCL clash

    February 17, 2026
    Senate approves electronic transmission of results, permits manual upload as backup

    Senate passes Electoral Act Amendment Bill

    February 17, 2026
    100 US troops arrive in Nigeria for counterterrorism support

    100 US troops arrive in Nigeria for counterterrorism support

    February 17, 2026
    Kwara: No fewer than nine worshipers were abducted on Sunday by Terrorists during a vigil at St. John’s Catholic Church in Ojije, Utonkon District of Ado Local Government Area, Benue State.

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