President Bola Ahmed Tinubu has revealed that the Economic and Financial Crimes Commission (EFCC) has recovered N500 billion and secured over 7,000 convictions under his administration, commending the leadership of Chairman Ola Olukoyede for the achievements.
The commendation came during Tinubu’s keynote address at the 7th EFCC-NJI Capacity Building Workshop for Justices and Judges held on Monday, October 20, 2025, at the National Judicial Institute, Abuja. The workshop carried the theme: “Enhancing Justice in the Fight against Economic and Financial Crimes.”
Represented by Vice President Kashim Shettima, the President highlighted the administration’s focus on public accountability and institutional independence for anti-corruption agencies.
“As an administration, we have prioritized public accountability by strengthening the anti-corruption agencies and accorded them the needed independence to execute their statutory mandates. This enabling environment is evident in the impact that has been made in the last two years.
“The EFCC, for example, has recorded over 7,000 convictions in the first two years of the present administration and recovered assets in excess of Five Hundred Billion Naira. Recovered proceeds of crime by the agency have been ploughed back into the economy to fund critical social investment programmes, including the Students’ Loan and Consumer Credit schemes,” he said.
Tinubu stressed the pivotal role of the judiciary in the anti-corruption fight, urging judges and justices to uphold justice and accountability.
“We have an opportunity to consolidate the efforts of the last two years to deliver an optimal anti-corruption framework that will support our peaceful growth and development. A Nigeria free of corruption is possible if we all commit to doing what is right in our respective spheres of influence and ensuring that those who deviate from the norm are not allowed to go scot-free. A robust judicial system is central to the success of anti-corruption efforts, and I count on our judges,” he said.
He warned that no one, including judges, is immune from the consequences of corruption and called for all branches of government to collaborate in eradicating corruption for national growth and security.
The EFCC’s annual performance report shows that the agency recovered N364.5 billion, $326.5 million, alongside other foreign currencies and assets, while securing 4,111 convictions across various courts in a single year.
The EFCC has signaled its intention to surpass the N364.5 billion recovered in 2024 by strengthening professionalism and integrity in its operations