Economy
EFCC secures 3,785 convictions in 2022
The Economic and Financial Crimes Commission has said that it secured a total of3,785 convictions across all its Commands in 2022. According to a statement by EFCC Spokesman Wilson Uwujaren, the figure, which emerged from a review of the commission’s performance in the outgone year, shows a 70.5% improvement over its record for 2021(2220). It also represents a 98.93% success rate in prosecution given that the Commission lost only 41 cases, representing 1.07% within the period. As it was in 2021, the Lagos Command of the Agency recorded the most convictions-765, closely followed by the Ibadan Command with 573 convictions and the Port Harcourt Zonal Command- 567, while the headquarters recorded 314 convictions. The conviction secured by the Commission in 2022 is the highest by the EFCC Since inception, and sustains an upward trajectory which began shortly after the emergence of the administration of President Muhammadu Buhari.
The Buhari administration was elected in 2015 on a tripod of promises- anti-corruption, economic recovery and security. In 2015, EFCC recorded a total of 103 convictions. This shot to 195 convictions in 2016, the first full year in office of the Buhari administration. The figure improved to 312 in 2018, 1280 in 2019, dropped slightly to 976 conviction in 2020, the year of covid-19, then moved up to 2220 in 2021. The percentile improvement of the EFCC convictions in the seven years of the Buhari administration from 103 to 3785, is over 3574.8%. Commenting on the performance, the Executive Chairman of the EFCC, Abdulrasheed Bawa, commended the personnel of the Commission for their industry and dedication despite the challenges of criminal prosecution in court. He assured that the EFCC will continue to motivate all categories of staff for greater efficiency through capacity development and other incentives.
-
Finance2 days agoTotal capital importation rose in Q4 2025, says statistics bureau
-
Economy2 days agoFG begins registration for training of 10m Nigerians on financial literacy
-
Oil and Gas2 days agoDangote Refinery reduces petrol price to N1,200 per litre
-
Finance2 days agoFirstBank empowers SMEs with AI-driven growth strategies, hosts SMEConnect webinar
-
News2 days agoAfreximbank launches inaugural accelerator programme cohort to scale Africa’s Digital trade ecosystem
-
Economy2 days agoWBG working with governments, private sector, regional partners, stakeholders to help solve Middle East war challenges challenges
-
News2 days agoPower sector reforms attract $2bn investments – Adelabu
-
News2 days agoDangote Refinery cautions stakeholders on IPO speculation
