Institutions recovered from crime converted to federal varsities – EFCC
EFCC Chairman Ola Olukoyede reveals how assets recovered from crime, including universities, are converted into federal institutions, benefiting thousands Read More: https://punchng.com/institutions-recovered-from-crime-converted-to-federal-varsities-efcc/
The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that a university seized from crime has transformed into a fully functioning federal institution, matriculating 1,909 students in December 2025. The recovered campus, originally NOK University in Kachia, Kaduna State, has been converted into the Federal University of Applied Sciences, Kachia (FUASK).
Olukoyede emphasized that this conversion is a significant development, as it opens opportunities for students who would otherwise not have access to higher education. Furthermore, he highlighted the economic impact the institution is expected to have on its Southern Kaduna community. Additionally, Olukoyede disclosed that another high-value private university was recently forfeited to the Federal Government, with a vice chancellor's residence reportedly larger than the president's residence.
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