ABUJA, Nigeria – The Economic and Financial Crimes Commission (EFCC) has recovered ₦1.23 trillion in stolen public funds and criminal proceeds, secured the forfeiture of more than 10,000 illicit assets, and recorded thousands of convictions over the past 34 months, Executive Chairman Ola Olukoyede announced on Tuesday, September 1, 2026.
Reflecting on the agency’s operational trajectory and comprehensive institutional reforms, the anti-graft chief explained that the commission has maintained an uncompromising focus on making the fight against financial crimes more effective, preventive, and impactful across all sectors of the national economy.
Okay News reports that under Olukoyede’s leadership, the EFCC has prioritized rapid asset tracing, victim restitution, and digital transformation across its zonal commands to accelerate forensic investigations and judicial prosecutions.
In a stewardship statement issued from the Commission’s headquarters in Abuja, Olukoyede highlighted that besides direct recoveries into the federal treasury, billions of naira have been successfully returned to private and institutional victims of financial fraud.
“Over the past 34 months, we have remained focused on one goal: making the fight against economic and financial crimes more effective, more preventive and more impactful,” Olukoyede stated. “₦1.23 trillion recovered. Thousands of convictions secured. Billions returned to rightful beneficiaries. Over 10,000 assets forfeited. And significant reforms and digital transformation across the Commission.”
The EFCC Chairman emphasized that these operational milestones extend beyond mere statistical records, serving as tangible evidence of public resources safeguarded and national institutions fortified against systemic abuse.
“For me, these figures are not just statistics,” he said. “They represent public funds protected, victims restored, institutions strengthened and a country gradually building greater confidence in the rule of law.”
Reaffirming his administration’s determination to sustain the momentum, Olukoyede pledged that the commission will intensify its enforcement operations across high-profile financial sectors, cybercrime networks, and public procurement corridors without fear or favour.
“There is still much work to do,” the EFCC boss affirmed. “We will continue to pursue corruption and financial crimes without fear or favour, while strengthening prevention, accountability and collaboration. The fight continues. Nigeria deserves nothing less.”
