EFCC targets Surpassing N365.4 billion in 2024 Monetary Recoveries

 

THE Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has called for greater commitment to integrity within the agency, with the aim of surpassing the Commission’s N365.4 billion monetary recoveries in 2024.

This was disclosed in a statement by the Commission on Saturday following its three-day Management Retreat.

The retreat provided an opportunity for a critical and no-holds-barred review of the EFCC’s activities in 2024, including asset recovery, arrests, prosecutions, strategic redirection, organizational re-engineering, and the establishment of new departments alongside the restructuring of existing ones.

Need for Increased Commitment  

  • At the meeting, Olukoyede reaffirmed the agency’s commitment to enhanced professionalism and integrity in driving Nigeria’s fight against economic and financial crimes.
  • Speaking on the theme of the retreat, “EFCC: The Journey So Far, Ensuring Professionalism and Integrity,” Olukoyede emphasized that professionalism and integrity are key to the Commission’s future relevance and effectiveness.
  • According to the statement, “In 2024, the Commission secured 4,111 convictions and recovered over N365.4 billion.”
  • The EFCC chairman commended the sacrifice, hard work, discipline, and dedication of the Commission’s staff in achieving these milestones.
  •  However, he called for even “greater dedication to surpass the records set in 2024 and ensure stronger commitment to integrity in the agency’s processes”.
  • Olukoyede stressed that integrity is a fragile commodity that must be carefully nurtured, protected, and safeguarded to maintain public trust and respect.
  • He assured that the EFCC’s workforce is on course to becoming an honest, highly motivated, and effective team.