Nigeria News

We recovered N152bn, $386m in 2021 – EFCC

 

The EFCC in continuation of the review of its operational activities for 2021 recovered the aggregate sum of N152, 088,698,751.64, (One Hundred and Fifty-two Billion, Eighty-eight Million, Six Hundred and Ninety-eight Thousand, Seven Hundred and Fifty-one Naira, Sixty-four Kobo), $386,220,202.84                 (Three Hundred and Eighty-six Million, Two Hundred and Twenty Thousand, Two Hundred and Two Dollars, Eighty-four Cent), £1, 182,519.75 (One Million, One Hundred and Eighty-two Thousand, Five Hundred and Nineteen Pounds,  €156,246.76 (One Hundred and Fifty-six Thousand, Two Hundred and Forty-six Euro), 1,723,310.00 Saudi Riyal, 1,900.00 South African Rand, and 1, 400.00 Canadian Dollar between January and December 2021.  The recovery basket also included a digital currency component with 5, 36957319 Bitcoin and 0.09012 Ethereum. Recall that the Commission also recorded conviction of 2, 220 across the Commands in the same year under review. The Abdulrasheed Bawa led management of the EFCC has assured that there is no hiding place for the looters of the nation’s treasury.

C Recovers N152Bn, $386m in 2021

The EFCC in continuation of the review of its operational activities for 2021 recovered the aggregate sum of N152, 088,698,751.64, (One Hundred and Fifty-two Billion, Eighty-eight Million, Six Hundred and Ninety-eight Thousand, Seven Hundred and Fifty-one Naira, Sixty-four Kobo), $386,220,202.84                 (Three Hundred and Eighty-six Million, Two Hundred and Twenty Thousand, Two Hundred and Two Dollars, Eighty-four Cent), £1, 182,519.75 (One Million, One Hundred and Eighty-two Thousand, Five Hundred and Nineteen Pounds,  €156,246.76 (One Hundred and Fifty-six Thousand, Two Hundred and Forty-six Euro), 1,723,310.00 Saudi Riyal, 1,900.00 South African Rand, and 1, 400.00 Canadian Dollar between January and December 2021.  The recovery basket also included a digital currency component with 5, 36957319 Bitcoin and 0.09012 Ethereum. Recall that the Commission also recorded conviction of 2, 220 across the Commands in the same year under review. The Abdulrasheed Bawa led management of the EFCC has assured that there is no hiding place for the looters of the nation’s treasury.

Idoko Dennis

Idoko Dennis is a creative videographer/drone pilot and sport writer. He heads the sport desk and deputizes the head of Idoma TV

Recent Posts

Soaring rice prices threaten Christmas celebrations for Nigerian families

Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…

13 hours ago

Panic as Stage collapses during Odumodublvck’s performance at Lagos concert

Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…

13 hours ago

2025 Budget: FG allocates ₦6.36bn for renovation of Tinubu, Shettima’s official quarters

The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…

13 hours ago

Black Market Dollar to Naira Exchange Rate Today 22nd December 2024

The black market dollar to naira exchange rate for today, 22nd December 2024, can be…

13 hours ago

NNPC debunks shutdown rumors, confirms fuel loading at Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…

14 hours ago

‘We have to find a way’ – Guardiola laments after defeat to Aston Villa

Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…

14 hours ago