Skip to content
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Watch Online
  • Home
  • Business & Economy
  • Corruption: FG recovers over N500bn, convicts over 700 persons in two years – Tinubu
  • Business & Economy

Corruption: FG recovers over N500bn, convicts over 700 persons in two years – Tinubu

Admin October 21, 2025

US dollars

US dollars

The war against corruption is yielding fruits under President Bola Tinubu with the Economic and Financial Crimes Commission, EFCC, said to have recovered assets worth over N500 billion and secured more than 700 convictions in the past two years.

The President, represented by his vice, Kashim Shettima, disclosed this while declaring open the 7th edition of a three-day capacity-building workshop for judges and justices, organised by the EFCC, in collaboration with the National Judicial Institute, NJI, in Abuja.

Tinubu said the progress recorded by the EFCC was on account of his administration’s non-interference in the agency’s operations and its commitment to transparency and accountability in governance.

Tinubu said: “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.

“This enabling environment is evident in the impact that has been made in the last two years. The EFCC for example, has recorded over 7,000 convictions in the past two years of the present administration and recovered assets in excess of N500 billion.”

He said that recovered proceeds of corruption were deployed into developmental projects and social investment programmes across various sectors of the economy.

“Recovered proceeds of crime by the agency are being brought back into the economy to fund critical social investment programmes, including the students’ loan and consumer credit schemes,” he said.

According to him, the administration is also supporting the judiciary to enhance the welfare and working conditions of judicial officers, as part of wider reforms to strengthen the rule of law, adding nobody is immune from investigation.

“There is no person or group who can accuse this administration of shielding political actors on account of their affiliation to this government or the political party.

“We have allowed both the judiciary and the anti-corruption agencies to exercise their constitutional and statutory powers to dispense justice and restore sanity.

“Courts and judges are strong pillars of the anti-corruption process, except that the society has full confidence that those who pillage our resources will be subjected to the rule of law and brought to justice through a pure and transparent process of adjudication, our collective commitment to fighting corruption will continue to face scepticism.

“Corruption is no respecter of persons. Your bonded position on the bench does not insulate you from its consequences. There are no special roads, hospitals, or communities for judges. We all face the same risks that stem from decades of willful theft and wastage of the nation’s resources,” he said.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Bola Tinubu corruption EFCC Judiciary Kashim Shetimma Recovery

Post navigation

Previous I married Regina three weeks after I met her – Ned Nwoko, old video resurfaces
Next Coca-Cola targets GenZs with Share-a-Coke campaign

Related Stories

Asia buys up African, Brazilian oil as shipping costs fall
  • Business & Economy
  • Music

Asia buys up African, Brazilian oil as shipping costs fall

November 13, 2026
Stock market sheds N293bn as profit-taking lingers; Okomu oil, NASCON lead losers
  • Business & Economy

Stock market sheds N293bn as profit-taking lingers; Okomu oil, NASCON lead losers

November 12, 2026
Nigeria crude oil production hits 1.68mbopd – NUPRC
  • Business & Economy

Nigeria crude oil production hits 1.68mbopd – NUPRC

November 11, 2026

You may have missed

FCCPC Seals Abuja Real Estate Firm Over Undelivered N140m Duplex
  • National News

FCCPC Seals Abuja Real Estate Firm Over Undelivered N140m Duplex

November 13, 2026
Court Admits Supreme Court Judgment on Forfeited Properties in Emefiele’s $4.5bn Trial FG vs ASUU
  • National News

Court Admits Supreme Court Judgment on Forfeited Properties in Emefiele’s $4.5bn Trial

November 13, 2026
Ebola: 62 contacts complete monitoring without secondary transmission federal capital territory
  • National News

Ebola: 62 contacts complete monitoring without secondary transmission

November 13, 2026
Yiaga Africa: Youth participation in 2027 elections declines by 20%
  • National News

Yiaga Africa: Youth participation in 2027 elections declines by 20%

November 13, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Copyright © All rights reserved. | DarkNews by AF themes.