Nigeria’s Vice President, Kashim Shettima, has revealed that the Economic and Financial Crimes Commission (EFCC) has recovered assets worth more than ₦500 billion in the last two years of President Bola Tinubu’s administration.
Speaking on Monday at the opening of the 7th edition of a three-day capacity-building workshop for judges and justices, jointly organised by the EFCC and the National Judicial Institute in Abuja, Shettima said the recovery highlights the administration’s commitment to transparency and accountability.
According to the Vice President, the government’s decision to allow anti-graft agencies operate independently has strengthened the nation’s fight against corruption and restored confidence in public institutions.
“As an administration, we have prioritised public accountability by strengthening the anti-corruption agencies and giving them the needed independence to execute their statutory mandates,” Shettima stated while representing President Tinubu at the event.
He noted that the results of this approach are evident, with the EFCC securing over 7,000 convictions and recovering assets valued at more than ₦500 billion within two years.
Shettima also disclosed that the recovered assets are being reinvested into key national programs aimed at improving the lives of Nigerians.
“Recovered proceeds of crime by the agency are being brought back into the economy to fund critical social investment programs, including the students’ loan and consumer credit schemes,” he said.
The Vice President emphasized that the administration remains focused on institutional reforms that promote integrity, transparency, and sustainable economic growth.
With the EFCC’s continued performance under this policy direction, Nigeria’s anti-corruption framework appears to be gaining renewed momentum, signaling the government’s resolve to ensure public funds serve the people’s interest.
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