The Economic and Financial Crimes Commission (EFCC) says it recovered N1.233 trillion in 34 months under the leadership of its Chairman, Ola Olukoyede, as the anti-graft agency continues its crackdown on financial crimes in Nigeria.
The commission disclosed the figure in a video published on its official X account on Thursday, outlining its activities between October 1, 2023, and July 31, 2026.
Rather than focusing only on the amount recovered, the figures released by the commission provide an insight into the scale of financial crime cases being processed by the agency.
According to the EFCC, it received 49,673 petitions during the period, which it described as the starting point for its enforcement activities.
Of the petitions received, the commission said 39,615 cases were investigated, while 14,476 cases were filed before the courts.
The agency further reported that its investigations resulted in 10,872 convictions within the 34-month period.
The figures cover cases involving several forms of financial crimes, including advance-fee fraud, cybercrime, money laundering, bank fraud and economic governance-related offences.
The EFCC said the recovery figure represents funds traced and recovered through investigations into financial activities.
“₦1.233 trillion in recoveries in just 34 months. This is the legacy of EFCC Chairman Ola Olukoyede,” the commission stated.
The agency also emphasised that its activities go beyond financial recoveries, noting that each case involves investigations, tracing of financial transactions and efforts to uncover alleged financial trails.
The latest figures come as the EFCC continues to face the broader challenge of combating financial crimes in an increasingly digital economy, where cybercrime, online fraud and complex financial transactions have become major areas of enforcement.
The commission said its work would continue, ending its presentation with the message: “The work continues.”
The figures, however, represent the EFCC’s own reported enforcement statistics and do not, by themselves, establish the final legal outcome or guilt of individuals involved in the cases investigated.
