President Bola Ahmed Tinubu has disclosed that the Economic and Financial Crimes Commission (EFCC) has recovered more than ₦500 billion and secured over 7,000 convictions within the first two years of his administration, underscoring what he described as a renewed commitment to accountability and transparency in governance.
The President made the revelation during his 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 (NJI) in Abuja. The event, themed “Enhancing Justice in the Fight Against Economic and Financial Crimes,” brought together key figures in the judiciary and anti-corruption institutions to deliberate on strengthening Nigeria’s justice system.
Represented by Vice President Kashim Shettima, President Tinubu commended the EFCC under the leadership of its Executive Chairman, Ola Olukoyede, for what he called “remarkable strides in asset recovery and conviction efficiency.”
“As an administration, we have prioritized public accountability by strengthening anti-corruption agencies and granting them the independence needed to carry out their statutory duties,” Tinubu said. “This enabling environment is reflected in the results we have seen — with the EFCC securing over 7,000 convictions and recovering assets worth more than ₦500 billion.”
The President further noted that proceeds from recovered assets have been reinvested into critical national programs, including the Students’ Loan Scheme and the Consumer Credit Initiative, which are designed to expand access to education and financial inclusion for Nigerians.
Tinubu emphasized that his government remains resolute in ensuring the independence of anti-corruption institutions, noting that the EFCC’s achievements are proof of what can be accomplished when political interference is minimized and due process is upheld.
“Our fight against economic and financial crimes is not just about punishment; it is about building a culture of integrity, justice, and accountability,” he added. “We will continue to support the EFCC and other anti-graft agencies to ensure that public trust in government institutions is fully restored.”
EFCC Chairman Ola Olukoyede, in his remarks, reaffirmed the Commission’s dedication to intensifying the war against corruption, money laundering, and financial crimes. He also called for continued judicial collaboration to ensure timely and fair adjudication of corruption cases.
The workshop, jointly organized by the EFCC and the National Judicial Institute (NJI), is part of ongoing efforts to strengthen the judicial arm in handling economic crimes and promote greater synergy between the bench and anti-corruption bodies in Nigeria’s broader quest for transparency and good governance.
