NLTF Praises EFCC for Recovering Over N9bn in Stolen Funds [Photos]

NLTF Hails EFCC’s N9bn Recovery Feat, Commends Anti-Corruption Drive.

The National Lottery Trust Fund (NLTF) has praised the Economic and Financial Crimes Commission (EFCC) for recovering over N9 billion in debts owed to the Fund. NLTF’s Executive Secretary, Tosin Adeyanju, led a delegation to the EFCC headquarters on Friday, August 23, 2024, to commend the agency’s efforts.

Adeyanju described the recovery as a “big feat” that has enabled the Fund to support the federal government’s infrastructure development projects. He also commended EFCC Chairman, Ola Olukoyede, for his leadership and the agency’s anti-corruption achievements, including the recovery of over N200 billion and $58 million in looted funds within 10 months.

Olukoyede, in response, praised Adeyanju’s focus and determination, saying, “We see in you someone that is important that we collaborate with and strengthen our relationship.” He advised Adeyanju to be mindful of his legacy and ensure prudent application of funds.

The EFCC Chairman assured the NLTF of continued collaboration in debt recovery, stating that it is the agency’s statutory obligation to support government agencies.

The commendation by the National Lottery Trust Fund (NLTF) of the Economic and Financial Crimes Commission (EFCC) for recovering over N9 billion in debts owed to the Fund has highlighted the importance of collaboration in the fight against corruption.

The partnership between the EFCC and NLTF is a significant step towards ensuring that funds meant for social and physical infrastructure development are not diverted. The EFCC’s recovery efforts have ensured that the NLTF can fulfill its mandate of supporting the federal government’s development projects.

The EFCC’s anti-corruption drive has been gaining momentum, with the agency recovering billions of naira in looted funds. The partnership with NLTF is a testament to the agency’s commitment to ensuring that all government agencies are transparent and accountable.

As the EFCC continues to work with other government agencies to combat corruption, the NLTF’s commendation serves as a motivation to sustain the fight against corruption. With the EFCC’s efforts, Nigeria is one step closer to achieving its goal of a corrupt-free society.

The partnership between the National Lottery Trust Fund (NLTF) and the Economic and Financial Crimes Commission (EFCC) is expected to boost transparency and accountability in the management of funds meant for social and physical infrastructure development.

The EFCC’s recovery of over N9 billion in debts owed to the NLTF has demonstrated the importance of collaboration in ensuring that funds are used for their intended purposes. The partnership is a significant step towards preventing corruption and ensuring that government agencies are transparent and accountable.

With the EFCC’s support, the NLTF can now focus on its mandate of supporting the federal government’s development projects. The partnership is a testament to the EFCC’s commitment to combating corruption and promoting transparency and accountability in government agencies.

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