Thursday, 20 August 2026
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EFCC Redirecting Recoveries To Fund Student Loans, National Assets, Commendable –Uyi

The president of Global Peace Movement International (GPMI),  Dr Mike Uyi, has commended the chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, for ensuring that proceeds recovered from corruption are redirected towards national development.
Uyi’s commendation followed President Bola Tinubu’s directive that liquid funds recovered by the EFCC be channelled into the Nigerian Education Loan Fund (NELFUND) to support the education of young Nigerians and strengthen the country’s human capital development.
The federal government is also investing recovered funds in the Nigerian Consumer Credit Corporation (CREDICORP), a move Uyi described as a strategic investme...

Source: Leadership News

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