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October 6, 2026
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EFCC Recovers N500b Under Buhari

πŸ“… | Words: 257
πŸ“‚ Categories: General
🏷️ Tags: Muhammadu Buhari
πŸ“ Location: Nigeria
Written By: Famzn News

Verified Author & Editorial Contributor

EFCC Recovers N500b In 3 Years

Acting EFCC Chairman, Ibrahim Magu/ Facebook

The Economic and Financial Crimes Commission (EFCC) has revealed that it has recovered over N500b since 2015.

It also said it has recorded 603 convicts in the period as President Muhammadu Buhari marks his third year in office.

As stated by a statement by the EFFC on Monday, β€œThe figure is the aggregate of the 103, 195 and 189 convictions recorded in 2015, 2016 and 2017 respectively. It also includes the 116 convictions recorded in the first five months of this year.


β€œPresident Muhammadu Buhari was elected three years ago on a ticket that pledged to address the monster called corruption. The EFCC under the leadership of Ibrahim Magu is the lead agency driving the anti corruption agenda of the administration.

β€œThe ground-breaking conviction record of the commission is the more salutary given that it includes the conviction, for the first time in the history of the country, a Senior Advocate of Nigeria, Joseph Nwobike.”

it added that, β€œFor the first time too, judges and top military officers including retired Service Chiefs are being prosecuted for corrupt enrichment.

β€œThe EFCC has literally altered the narrative of the fight against corruption in Nigeria through aggressive tracing and recovery of stolen assets.

β€œOver N500 billion has been recovered in the last three years by the agency while the impunity with which public funds is stolen has been curtailed substantially as people have come to the realisation that there are consequences if one is found to have illegally dipped hands in the public till.”

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