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EFCC Recovers ₦500 Billion in Assets Under Tinubu Administration

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Nigeria’s Economic and Financial Crimes Commission (EFCC) has recovered more than ₦500 billion in stolen assets and secured over 7,000 convictions in the past two years, Vice President Kashim Shettima said Monday.....KINDLY READ THE FULL STORY HERE▶

Shettima made the announcement while representing President Bola Tinubu at the opening of the 7th EFCC–National Judicial Institute (NJI) Capacity-Building Workshop for Judges and Justices in Abuja. The workshop brings together judicial officers to strengthen the fight against corruption.

“The administration is committed to empowering anti-corruption agencies and allowing them to operate independently,” Shettima said. “This independence has enabled the EFCC to recover significant assets and secure convictions without fear or favor.”

According to Shettima, the recovered funds are being redirected into social programs, including the Students Loan Scheme and the Consumer Credit Initiative, which aim to improve the welfare of Nigerians.

EFCC Chairman Ola Olukoyede also addressed the workshop, acknowledging the agency’s achievements while noting challenges in prosecuting high-profile cases. “Some major corruption cases are moving slowly through the courts,” Olukoyede said. “We need reforms to speed up these trials and maintain public confidence in the justice system.”

President Tinubu emphasized the importance of judicial integrity. “A strong and independent judiciary is essential for national development,” he said. “Judges must uphold fairness and accountability in every decision.”

The two-day workshop, themed “Enhancing Justice in the Fight against Economic and Financial Crimes,” is designed to equip judges and justices with the skills needed to handle complex financial crimes. It will continue until Wednesday, October 22, 2025.

Since taking office, the Tinubu administration has focused on strengthening Nigeria’s anti-corruption framework. By ensuring agencies like the EFCC operate without interference, the government aims to create a transparent system that deters financial crimes.

The EFCC’s recent successes include both the recovery of assets from individuals and entities involved in corruption and the conviction of thousands of offenders across various levels of government and the private sector. Analysts say these measures help restore public trust in Nigeria’s institutions and reinforce accountability.

Experts have also praised the reinvestment of recovered funds into social programs, saying it demonstrates a commitment to using corruption recovery for public good rather than leaving it idle in government accounts.

Shettima stressed that the administration will continue supporting the judiciary and law enforcement agencies to ensure the fight against corruption is sustained. “Corruption threatens development, and we are determined to protect Nigeria’s resources,” he said.

The EFCC–NJI workshop is part of a broader effort to build institutional capacity for fighting financial crimes. Judges participating in the program are receiving training on best practices, case management, and legal procedures for handling economic crimes.

With the EFCC reporting ₦500 billion in asset recovery and more than 7,000 convictions, the Tinubu administration is highlighting measurable progress in its anti-corruption campaign. Officials say this effort sends a message that financial crimes will not go unpunished and that recovered funds will be used to benefit the public.

The initiative reflects Nigeria’s ongoing commitment to transparency, accountability, and good governance, which are seen as key drivers of economic growth and national development.

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Political Shift Ahead Of 2027: Pro-Tinubu Group Picks Ex-Obidient Organiser For Top Position.

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The Tinubu Must Stay Movement (TMS) has appointed Marcel Ngogbehei as Director-General of its alliance with the Directorate of Mobilisation and Integration (DMI), citing his extensive experience in Nigeria’s public sector and the United Kingdom.....KINDLY READ THE FULL STORY HERE▶

The appointment was announced by Kashifu Inuwa Abdullahi, Chairman of the Board of Trustees and Convener of the Tinubu Must Stay Movement.

Abdullahi described Ngogbehei as a trusted associate whose leadership qualities and professional competence he had known for more than two decades.

“I have known Marcel for over 25 years. We have worked together, faced difficult challenges together and delivered results together. I know his character, I know his ability, and I trust him to deliver,” Abdullahi said.

He explained that the decision was based on Ngogbehei’s professional background, understanding of public institutions and ability to foster collaboration among different stakeholders.

Abdullahi recalled that they worked together at Galaxy Backbone Plc and subsequently at the Central Bank of Nigeria (CBN), where they contributed to the development and implementation of several major technology initiatives.

Among the projects he highlighted were the Integrated Personnel and Payroll Information System (IPPIS), the Government Data Center, the CBN Cashless Policy and the establishment of the bank’s Enterprise Architecture function.

According to Abdullahi, the Enterprise Architecture initiative helped the CBN achieve savings exceeding $1 million.

“These were not just technology projects. They were about making government systems work better, reducing waste, improving efficiency and building institutions that serve Nigerians,” he said.

On the political objectives of the alliance, the Tinubu Must Stay Movement questioned whether opposition parties had presented sufficiently detailed and convincing proposals for tackling Nigeria’s major challenges.

The movement argued that criticism of government policies should be accompanied by practical alternatives that Nigerians could assess.

“Nigerians are tired of promises without clear plans. If you say the government is wrong, tell the people what you will do better. How will you create jobs? How will you reduce the cost of living? How will you improve electricity, schools and hospitals? And where will the money come from?” the group stated.

However, the movement acknowledged that the Tinubu administration should also be held accountable for its performance.

“President Tinubu must be judged [by] the complexity of the problem he inherited and by what his government delivers. The opposition must also be judged by the solutions it offers. Nigerians deserve answers from both sides,” it added.

The group said its position was intended to promote informed discussions on public policies, government spending and their impact on ordinary Nigerians.

Abdullahi noted that Ngogbehei’s appointment came as the alliance continued to establish its organisational structures and define its programmes.

In his new role, Ngogbehei is expected to oversee organisational coordination, grassroots mobilisation and civic-accountability initiatives.

The alliance disclosed that its activities would include public discussions on government performance, assessments of alternative policy proposals and engagement with communities across the country.

Ngogbehei holds a degree in Computer and Electronics Engineering from Lagos State University and attended the Sloan programme at London Business School.

His professional experience includes senior technology roles at Galaxy Backbone Plc and the Central Bank of Nigeria, as well as leadership responsibilities on key projects within the United Kingdom Civil Service.

Beyond his professional career, Ngogbehei played an organisational role in the mobilisation efforts surrounding Peter Obi’s 2023 presidential campaign.

He served as Director of Strategy at the Peter Obi Support Network before becoming Chairman of the Coalition for Peter Obi (CPO).

In those positions, he participated in nationwide grassroots mobilisation, voter-registration advocacy and the organisation of the 2022 Labour Party/CPO Leadership Summit in Abuja.

He later became Director-General of the Directorate of Mobilisation and Integration, where his activities focused on grassroots coordination, citizen participation and organisational development.

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2027: ‘I Am Your Errand Man’ – Tinubu Sends Powerful Message To APC Members.

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President Bola Tinubu has described himself as the “errand man” of the All Progressives Congress (APC) as the ruling party prepares for the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

The President also pledged to remain committed to the party’s manifesto and ensure the fulfilment of its promises and objectives.

reports that Tinubu made the declaration on Wednesday during the inauguration of the APC Presidential Campaign Council at the Banquet Hall of the Presidential Villa in Abuja.

Addressing party leaders and members of the council, Tinubu assured them of his commitment to implementing the APC’s policies, promises and agenda.

“To me, I am your errand man. Even for the president, I raise my hand for full commitment that we abide by my promises and the manifestos, the objective, the intention of our party. That’s all I give you,” he said.

The President commended APC leaders at various levels for successfully conducting the party’s congresses, despite predictions by opposition figures that the exercise would trigger an internal crisis.

According to Tinubu, the party successfully completed the process without the anticipated divisions.

“We conducted it. They said there would be implosion. We passed through it. We did not fail. You did not let us down,” he stated.

Tinubu maintained that rather than weakening the party, the congresses and primary elections had strengthened the APC and reinforced its unity.

He added that the newly inaugurated campaign council would be responsible for taking the party’s vision, achievements and policy agenda to Nigerians across the country.

“This council will carry our vision, our record and our agenda to every Nigerian, and it will carry them to every ward of this country. We arrive at this moment strong, united and renewed,” the President said.

Tinubu urged members of the campaign council to intensify grassroots mobilisation and work towards securing electoral victories for the APC in their respective wards ahead of the 2027 elections.

He stressed that the inauguration was more than a formal political gathering, describing it as a renewed commitment to the Nigerian people and the responsibilities entrusted to the ruling party.

“The APC is ready. We have not gathered merely to inaugurate a council; we have gathered to renew a covenant, a covenant with the Nigerian people and the historic responsibility they have entrusted to us as Nigeria’s governing party. We promise we will not let them down,” he said.

The President also expressed appreciation to party members for their contributions to the APC’s previous electoral success but emphasised that they must work towards delivering another victory in 2027.

Tinubu warned that members would not receive credit for their efforts until they had successfully mobilised voters and delivered the required results at the polls.

“But no one gets credit for an incomplete assignment. So, until you deliver the next election, until you deliver your wards, until you deliver the votes, before we can say thank you,” he added.

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2027 Showdown: Shettima Mocks Peter Obi Over Economic Figures, Sparks Fresh Political Tension.

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Vice President Kashim Shettima has taken a swipe at former Anambra State Governor Peter Obi over his economic proposals, describing him as “the master of bogus statistics and incoherent economic prescriptions.”....KINDLY READ THE FULL STORY HERE▶

Shettima accused Obi, an opposition presidential hopeful, of relying heavily on foreign economic models without adequately considering Nigeria’s unique circumstances and challenges.

The Vice President made the remarks on Wednesday during the inauguration of the All Progressives Congress (APC) Presidential Campaign Council at the State House Banquet Hall, Presidential Villa, Abuja.

Although Shettima referred to Obi as his “very good friend,” he questioned the former governor’s tendency to compare Nigeria’s economic situation with that of countries such as Bangladesh.

He said Obi appeared convinced that economic policies designed for other countries could be applied directly to Nigeria without taking local realities into account.

“He seems convinced that a size 36 shirt tailored for Bangladesh will somehow fit Nigeria’s size 52 frame,” Shettima stated.

The Vice President argued that such comparisons failed to recognise the distinct characteristics that shape the economic and political realities of different nations.

According to him, effective governance requires an understanding of a country’s social, economic, political and institutional environment.

Shettima maintained that policies that work in Bangladesh cannot automatically deliver the same results in Nigeria without considering differences in population, economic structures, institutions and national circumstances.

He further argued that Nigeria, with a population exceeding 250 million, could not be effectively governed using borrowed statistics and economic recommendations that ignored the country’s peculiar challenges.

Despite expressing respect for Obi, Shettima also challenged the presidential candidate of the Nigeria Democratic Congress (NDC) over his position on the outcome of the 2023 presidential election.

The Vice President accused Obi of making what he described as a bogus claim about winning the election, arguing that the former governor had no evidence to substantiate the assertion.

Shettima described the position as a “delusion of grandeur,” adding that the political contest was against what he characterised as “the politics of yesterday dressed as tomorrow’s deliverance.”

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