EFCC back Student Loan, Consumer Credit with N100b

No be less than N100 billion from di over N566 billion loot wey di Economic and Financial Crimes Commission (EFCC) recover for di last two years don enter Student Loan Scheme and Consumer Credit Policy. Di two programmes na key promises wey President Bola Tinubu give Nigerians and e don begin happen. EFCC Director of Media and Publicity, Mr Wilson Uwujaren, reveal dis one yesterday for Abuja when him dey give two-year scorecard of EFCC Chairman, Mr Ola Olukoyede. He talk say part of di recovered funds don go into social investment schemes like di Student Loan and Consumer Credit Scheme, with N100 billion already invested. Uwujaren still mention say agencies like NDDC, AMCON, FIRS and NHIA don benefit from di recovered money, and some recovered properties don turn to offices for government agencies. He add say di commission don set up Task Force on Naira Abuse and Dollarisation of di Economy wey dey go after currency racketeers, speculators and rogue crypto traders to reduce pressure on di naira. EFCC also intensify fight against cybercrime, increase public awareness to stop youths from ‘Yahoo Yahoo,’ and show say under Olukoyede, di agency dey serious about reform.

On discipline, Uwujaren reveal say EFCC don sack 55 officers in two years for misconduct, including one wey tamper with exhibit for Kaduna office. He talk say di commission receive 19,318 petitions and recover over N566.9b and $411m, plus 1,502 properties for two years. EFCC also file 10,525 cases and secure 7,503 convictions, show say dem dey deliver. High-profile arrests include former governors Willie Obiano, Abdulfatah Ahmed, Darius Ishaku, Theodore Orji, and Yahaya Bello, plus ex-ministers like Olu Agunloye, Hadi Sirika, Mamman Saleh and Godwin Emefiele. Uwujaren talk say EFCC even bust one syndicate of 792 investment and crypto fraud suspects, including 192 foreigners wey dem prosecute and deport. Di commission recover plenty foreign currencies, including dollars, pounds, euros, yuan, and more. Among di seized assets na 753 duplexes for Lokogoma, Abuja and Nok University for Kaduna wey government don turn to Federal University of Applied Sciences. Di EFCC under Olukoyede, according to Uwujaren, don prove say anti-corruption work no be just talk, e dey bring back real money and property wey belong to Nigerians.