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Commission Recovers N33.16bn, $1.8m In 2025

Ejike Ejike by Ejike Ejike
4 months ago
in News
ICPC
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has disclosed that it recovered N33.16 billion and $1.8 million alongside many convictions in 2025.

The chairman of the ICPC, Dr. Musa Adamu Aliyu (SAN), stated this during the commission’s defence of its 2026 budget proposal before the House Committee on Anti-Corruption.

The ICPC chairman, who appealed to the National Assembly to facilitate improved funding to enabling it effectively discharge its statutory mandate, lamented that inadequate funding, compounded by the poor release of approved allocations, significantly hampered its operations in 2025.

He disclosed that out of the N7.82 billion approved for overhead costs, a mere N2.1 billion (approximately 28 per cent) was released. This shortfall had tangible consequences.

He said, “Our lawyers and investigators often had to deploy personal funds to attend court proceedings and conduct investigations due to limited operational vehicles. Several investigations were stalled, and we experienced difficulties in paying service providers, particularly for our rented state offices.”

He said the situation was even more dire for capital projects, and although N7.3 billion was approved for capital expenditure, only N400.49 million (about 5 per cent) was released.

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Furthermore, these funds were released late, on November 28, 2025. “With such a late release, we could not fully execute projects as planned or award contracts in strict compliance with standard procurement practices,” he added.

ICPC spokesman John Odey said in a statement that despite the daunting challenges, the ICPC chairman reported notable achievements within the review period. These included the recovery of N33.1 billion in cash and $1.8 million, in addition to other intervention recoveries and seized assets. The commission also filed 72 cases, secured 36 convictions, and is currently prosecuting approximately 400 cases across various courts nationwide.

 

 

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Ejike Ejike

Ejike Ejike

Ejike Ejike is a Senior Reporter with Leadership Newspaper with over 12 years of experience, specialising in crime, transport, security, and maritime reporting. He is recognised for in-depth analysis that goes beyond surface-level coverage, with a commitment to accuracy and factual reporting that has established him as an authority across his beats.

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