EFCC Hands Over N104.1m Recovered Fund to Niger State Government

Nov. 14, 2025, 9:59 a.m.

The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has handed over the sum of ₦104,091,162.46 (One Hundred and Four Million, Ninety-One Thousand, One Hundred and Sixty-Two Naira, Forty-Six Kobo) to the Niger State Government. The funds were recovered from Kiara Rice Mills Limited, located in Kpatsuwa Village, Mokwa Local Government Area of Niger State, representing the company’s unremitted tax liabilities that accrued between 2021 and 2024. The Ilorin Zonal Director of the EFCC, Ansalem Ozioko, Ph.D., made the presentation on behalf of the Executive Chairman of the EFCC, Mr. Ola Olukoyede, at the Commission’s Office in GRA, Ilorin, on Wednesday, November 12, 2025. Ozioko said the gesture reaffirms the Commission’s resolve to ensure that public funds are duly accounted for and returned to legitimate owners. “The function of the EFCC is to prevent, investigate, and prosecute economic and financial crimes, recover what was stolen, and return it to the rightful owners. That is exactly what we are doing here today,” Olukoyede said. He also called for sustained collaboration between the Niger State Government and the EFCC, emphasizing the need for transparency, accountability, and integrity in governance. “We urge you to continue partnering with the Commission and to be ambassadors of the EFCC by reporting any act that fails the integrity test,” he said. Receiving the recovered funds on behalf of the Niger State Government, Alhaji Aminu Bawa, Group Head of Tax Operations at the Niger State Internal Revenue Service, commended the EFCC for its diligence and professionalism. “On behalf of the Niger State Government, I wish to express our sincere appreciation to the Commission for this commendable recovery effort. This development will have a direct and positive impact on the lives of our people,” he said. He confirmed that the recovered sum would be credited into the state government’s account and deployed for developmental projects across Niger State.

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