EFCC Recovers N1.233 Trillion, Secures 10,872 Convictions in 34 Months
*As Commission Tracks Down Foreign Nationals Operating Illegal Refinery in South-West Linus Aleke in Abuja The Economic and Financial Crimes Commission (EFCC) has recovered over N1.233 trillion, alongside an unspecified
The Economic and Financial Crimes Commission (EFCC) has recovered over N1.233 trillion, along with an unspecified amount of foreign currency, in a 34-month span from October 2023 to July 2026, according to the Commission’s spokesperson, Dele Oyewale. Oyewale stated this at a press conference alongside representatives from the Nigerian Armed Forces and other security agencies in Abuja.
The EFCC secured a total of 10,872 convictions during this period, which included the dismantling of an illegal refinery in the South-West and the arrest of foreign nationals linked to illegal lithium processing plants. Oyewale confirmed that the illegal refinery was discovered on October 23, 2023, when 14 Chinese nationals and a Nigerian were apprehended for allegedly operating these illegal lithium processing plants.
Despite the initial arrest, the operators of the illegal refinery managed to evade apprehension initially, as their activities were taking place within the same operational area.
As part of their expanded investigation, the EFCC returned to the location shortly after the arrests, but found the facility deserted at that time. The investigation is ongoing, and the EFCC continues to uncover significant criminal activities.
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