The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the anti-graft agency recovered a total of N566.3 billion within the last two years, reinforcing President Bola Tinubu’s economic reform agenda.
Olukoyede disclosed this while presenting a report on the Commission’s activities between October 2023 and September 2025. He said the recoveries reflect the EFCC’s commitment to financial transparency and accountability in public institutions.
According to Olukoyede, the EFCC’s efforts over the period also led to the recovery of various foreign currencies and assets linked to corruption-related activities. He noted that the Commission’s achievements played a key role in restoring public confidence and supporting the government’s economic stability plans. “Between October 2023 and September 2025, the EFCC recovered N566,319,820,343.40 and several other foreign currencies, showing our drive to protect public funds and ensure accountability,” he stated.
He explained that the Commission’s activities were closely aligned with President Tinubu’s renewed hope economic agenda, which focuses on fighting corruption to create a more transparent financial system. Olukoyede added that the EFCC has been instrumental in recovering stolen public assets and blocking financial leakages that previously weakened government revenue.
President Bola Tinubu, while reacting to the EFCC’s report, commended Olukoyede and his team for their performance in the fight against corruption and asset recovery. The President said the achievements of the Commission have contributed to strengthening the administration’s reforms aimed at building a sustainable economy. “I appreciate the EFCC for their diligence and integrity in safeguarding our nation’s wealth. These results show our collective determination to reform the system,” Tinubu noted.
Olukoyede also highlighted that the EFCC secured thousands of convictions during the same period, further boosting Nigeria’s reputation in the global fight against financial crimes. He assured Nigerians that the Commission would continue to improve its operational processes and collaborate with international agencies to track illicit funds.
The EFCC chairman reiterated his resolve to maintain the Commission’s independence while ensuring that the nation’s economic reform policies remain firmly rooted in transparency and accountability. He said the Commission’s future initiatives will focus more on prevention, education, and effective enforcement to sustain the momentum of recovery and reform.
