EFCC Recovers ₦566 billion, 1,500 Assets In Two Years -Olukoyede Reveals

A total worth of ₦566 billion, several foreign currencies, and more than 1,500 non-monetary assets have been recovered between October 2023 and September 2025 , Executive Chairman of the Economic and Financial Crimes Commission (EFCC)  Ola Olukoyede has  revealed 

Olukoyede made the disclosure on Thursday in Abuja during a media briefing to mark his second anniversary in office.

The EFCC Chairman, represented by the Director of Public Affairs, Commander of the EFCC, CE Wilson Uwujaren, said the Commission recovered ₦566,319,820,343.40, $411,566,192.32, £71,306.25, and €182,877.10 during the period.

The Commission according to him, also recorded 7,503 convictions after filing 10,525 cases from over 19,000 petitions and 29,240 investigations.

Olukoyede described the achievements as tangible proof of the EFCC’s renewed commitment to combating economic and financial crimes nationwide.

He revealed that the Commission recovered 1,502 non-monetary assets, including 402 properties in 2023, 975 in 2024, and 125 so far in 2025.

“Among these recovered assets are two notable landmarks: the final forfeiture of 753 duplexes in Lokogoma, Abuja, and the forfeiture of Nok University, now the Federal University of Applied Sciences, Kachia, Kaduna State,” he stated.

He added that some recovered properties have been allocated to government agencies for use as offices in line with EFCC policy.

The anti-graft agency boss disclosed that part of the recovered funds was deployed to key national initiatives, including the Students Loan Scheme and Consumer Credit Scheme, with a total of ₦100 billion invested.

He said the initiative aligns with the Federal Government’s vision of empowering citizens through education and affordable credit access