• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

EFCC recovered over N120 billion, secured 1,600 convictions in six months – Chairman 

Cyrus Ademola by Cyrus Ademola
April 24, 2024
in Business
Ola Olukoyede, EFCC, Forex
Share on FacebookShare on TwitterShare on Linkedin

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said that the anti-graft agency recovered over N120 billion since his assumed office six months ago.  

Olukoyede disclosed this in Abuja on Tuesday during a chat with media executives at the commission’s headquarters. 

He said that the agency also secured over 1,600 convictions within the same timeframe.  

RelatedStories

Nigeria is witnessing lots of revenue leakages and shortages – Accountant-General Ogunjimi 

Nigeria is witnessing lots of revenue leakages and shortages – Accountant-General Ogunjimi 

May 22, 2025
Suspension of Emefiele was long foreseen – Uwaleke

FG to sell 753-unit estate recovered from former CBN Governor Emefiele to Nigerians 

May 21, 2025

The commission’s boss emphasized that Nigeria needs the EFCC to survive, as the agency continues to recover stolen money from individuals almost every day. 

  • “We need this institution to survive. We have wiped tears off so many victims’ eyes, people that were swindled in their millions. Every day, we keep recovering money for victims.  
  • “In my six months, we have recovered close to N120 billion and made over 1,600 convictions,” he said. 

EFCC vows to arraign Yahaya Bello  

On the issue of arraignment of the former Kogi governor, Olukoyede said he made personal efforts to invite Bello to respond to investigations regarding his alleged involvement in money laundering to the tune of N80.02 billion.  

According to him, he had a telephone conversation with the former governor offering him ample opportunities to present himself for interrogation by investigators of the EFCC. 

  • “On my honour, I put a call to him to honour him as a former governor. He said, “I can’t come,” claiming that a certain lady has surrounded the EFCC with over 100 Journalists to embarrass or intimidate him and all that stuff. 
  • “ I said if that is your fear, I will make you come directly to my floor. I will invite my operatives to interrogate you in my own office. What could be more honourable than that? Do you know what he said? “Can’t they come to my village?” My Director of Investigations also sent a message to him”, he said. 

What you should know 

The planned arraignment of the former governor of Kogi State, Yahaya Bello, coincides with the ongoing trial of his nephew, Alli Bello, Daudu Suleiman, and another individual for fraud. 

  • They are charged with misappropriating public funds amounting to N80.2 billion. 
  • In this case, Yahaya Bello was mentioned as an accomplice in several charges, suggesting that security agencies intend to pursue legal action against the former governor. 
  • Nairametrics also reported a state high court in Kogi previously issued an injunction preventing the EFCC from detaining or prosecuting Yahaya Bello. 
  • The decision of the lower court has been challenged, and a ruling has not yet been issued. 
  • Furthermore, the EFCC and other security bodies have issued a warrant for Bello’s arrest. 

Follow us for Breaking News and Market Intelligence.
Tags: EFCCOla OlukoyedeYahaya Bello
Cyrus Ademola

Cyrus Ademola

  • Cyrus Ademola is an energy and economy analyst with over half a decade experience in journalism, research-based oped, economic reportage and energy analysis. His works have been featured on different media outlets, covering from oil and gas to business trends.

Related Posts

Nigeria is witnessing lots of revenue leakages and shortages – Accountant-General Ogunjimi 
Economy

Nigeria is witnessing lots of revenue leakages and shortages – Accountant-General Ogunjimi 

May 22, 2025
Suspension of Emefiele was long foreseen – Uwaleke
Business News

FG to sell 753-unit estate recovered from former CBN Governor Emefiele to Nigerians 

May 21, 2025
efcc
Business News

Witness testifies in EFCC’s alleged N1.9bn fraud case against Works Ministry Director, Surveyor 

May 17, 2025
EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says
Business News

EFCC warns: Nigerian youths in rat race for fraudulent wealth 

May 16, 2025
EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says
Breaking News

EFCC removes foreign national, Ellie Bitar, from CBEX crypto fraud investigation wanted list  

May 14, 2025
EFCC, NOUN, Sunflower Hotel
Legal & Regulations

Alleged N3.1bn fraud: Ex-Governor Gabriel Suswam seeks no-case ruling as EFCC concludes case again 

May 14, 2025
Next Post
MSMEs, stock market

FG to award small business owners with houses, cars, cash during the MSME Week

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Housing Ministry alerts Nigerians, says 753-unit estate recovered from Godwin Emefiele not yet for sale
  • FG to begin urgent palliative repairs on Lagos-Ibadan expressway bridges
  • Tinubu’s reforms propel Customs revenue to N1.3 trillion in Q1 2025 – says Comptroller-General Adeniyi 

Follow us on social media:

Recent News

Housing Ministry alerts Nigerians, says 753-unit estate recovered from Godwin Emefiele not yet for sale

Housing Ministry alerts Nigerians, says 753-unit estate recovered from Godwin Emefiele not yet for sale

May 24, 2025
FG increases compensation for Section 1 of Lagos-Calabar Highway from N8 billion to N18 billion 

FG to begin urgent palliative repairs on Lagos-Ibadan expressway bridges

May 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics