EFCC Chairman Reveals Utilization of ₦566bn and $411m Recovered Loot for National Initiatives

The EFCC Chairman, Ola Olukoyede, revealed the allocation of recovered funds amounting to ₦566.3 billion and $411.6 million towards national programs like student loans and consumer credit schemes. Various government agencies, including NDDC, AMCON, FIRS, and NHIA, have directly benefited from the recovered assets.

Olukoyede highlighted the EFCC's significant recoveries over the past two years and emphasized the agency's commitment to combating corruption through preventive measures and enforcement strategies.