BREAKING: EFCC Recovers Assets Worth Over ₦500bn — Shettima

Vice President Kashim Shettima says the Economic and Financial Crimes Commission (EFCC) has recovered assets worth more than N500 billion as part of its ongoing anti-corruption drive.

Shettima disclosed this on Monday, October 20, 2025, while declaring open the seventh edition of a three-day capacity-building workshop for judges and justices, jointly organised by the EFCC and the National Judicial Institute (NJI) in Abuja.

Representing President Bola Tinubu at the event, the vice president said the administration’s policy of non-interference in the affairs of the EFCC has enabled the agency to make significant progress in combating corruption.

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He revealed that the EFCC has also secured over 7,000 convictions in the past two years, reflecting the agency’s strengthened capacity to enforce accountability.

Shettima 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.”

Shettima stressed that the recovered proceeds of corruption are being used for developmental purposes across different sectors of the economy.

He added: “Recovered proceeds of crime by the agency (EFCC) are being brought back into the economy to fund critical social investment programs, including the students’ loan and consumer credit schemes.

“We are equally working within the boundaries of the separation of powers to support the judiciary in improving the working conditions of judicial officers.

“The remuneration of judges has improved, and we are committed to further enhancement of their welfare and facilities.”

The vice president reiterated the Tinubu administration’s stance on ensuring the rule of law and accountability among all public servants, saying: “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.

“The evidence is before your eyes; we cannot claim to have excelled in our pursuit of a transparent system if we do not live by such examples.”

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