Skip to main content

EFCC Budgets N30.9bn for 2020 and achieves 882 Convictions(among others) in 10 Months


The Acting Chairman of the Economic and Financial Crimes Commission, EFCC on Tuesday, October 22, 2019 disclosed that the agency earned a record of 882 convictions between January and October this year.
.
.
Magu made the disclosure as he defended the Commission's 2020 budget of N30.921billion before the Senate Committee on Anti-corruption and Financial Crimes.
.
.
Though the year has not ended, the conviction figure in the meantime, represents over 200 per cent improvement on the 312 convictions recorded last year.
.
.
Speaking further on the notable achievements of the Commission in the current fiscal year, the EFCC boss disclosed that between January and September 2019, the Commission made monetary recoveries on behalf of both the federal government and  third parties in the following sums : N64,721,161,510.01 (Sixty Four Billion, Seven Hundred and Twenty One Million, One Hundred and Sixty One Thousand, Five Hundred and Ten Naira, One Kobo), $14,030,512.32 (Fourteen Million, Thirty Thousand, Five Hundred and Twelve Dollars, Thirty Two Cents), £4,644,493.00 (Four Million, Six Hundred and Forty Four Thousand, Four Hundred and Ninety Three Pounds), €53,325.00 (Fifty Three Thousand, Three Hundred and Twenty Five Euros).
.
.
Magu also noted the crucial role the Commission played in assisting the country secure a temporary reprieve in the $9.6billion Process and Industrial Developments Limited (P&ID) arbitral award against Nigeria by a UK commercial court, which he said followed the Commission’s investigation and consequent arraignment of P&ID Limited and P&ID Nigeria Limited on charges of fraud, intent to defraud and dealing in petroleum product without license, to which their representatives pleaded guilty to the charges, leading to a court closure of the companies and the forfeiture of their properties to the federal government.
.
.
Source: www.efccnigeria.org
.
.
#EFCC #TheFightAgainstCorruption #FightingForYou

Comments

Popular posts from this blog

SFH Job Vacancies (13 Positions)

Society for Family Health (SFH) is one of the leading public health non-governmental organisations (NGOs) in Nigeria, implementing programmes in Reproductive Health/Family Planning; HIV and AIDS prevention and treatment; malaria prevention and treatment; primary health care system strengthening and maternal, newborn and child health care. SFH works in partnership with the Federal and State Governments of Nigeria, the Global Fund, United States Agency for International Development (USAID), Department for International Development (DFID), Bill and Melinda Gates Foundation, Merck for Mothers, Children Investment Fund Foundation among other international donors. We offer professional opportunities for career advancement, a good working environment and competitive remuneration.
We require competent candidates to fill the following positions below:

1.) Sales Assistant (Lagos)

Slot: 3 Openings

Click Here To View Details


2.) Sales Assistant (Rivers)

Caution over the Water you drink: NAFDAC Orders The Recall Of Eva Table Water 75cl

Public Alert No. 0011/2019 – Recall of Eva Premium Table Water 75cl Due to Change in Colour and Presence of Particles.
The National Agency for Food and Drug Administration and Control (NAFDAC) has directed Nigerian Bottling Company Limited to recall Eva Premium Table Water 75cl as a precautionary step pending investigation by the Agency. The company voluntarily reported to NAFDAC on June 20, 2019, a change in colour of the product from colourless to light green and presence of particles in two lots.
The affected Eva Premium Table Water 75cl was produced between 22nd and 23rdMay, 2019 at Nigerian Bottling Company Limited, Asejire, Ibadan, Oyo State.
The details of the affected Eva Premium Table Water 75cl are:
Name of Product. Production Date. Best Before Date Eva Premium Table Water 75cl. 22/05/19.14.27 AC4220520
Eva Premium Table Water 75cl. 23/05/19.15.15 AC4230520
Eva Premium Table Water 75cl produced by Nigerian Bottling Company is registered by NAFDAC. The NAFDAC Registration Nu…

We'll not handover the church to rascals - Pastor Kumuyi

Vanguard News Nigeria


….charges members on obedience to leadership



THE General Superintendent of Deeper Life Bible Church, Pastor William Kumuyi, Saturday, maintained that the church will not be handed over to ‘rascals’ who are not portraying the image of Christ in their character.
Kumuyi

Kumuyi made the declaration via a satellite broadcast from headquarters of the church in Lagos, while teaching on the topic, ‘Fear Not: The Promise Is Still Good’ during the Faith Clinic session at the ongoing Deeper Life National December Retreat, holding at the Deeper Life Conference Centre (DLCC), which started on Friday, December 21 and ends December 25.

He said the church will not condone any form of rascality and rebellion because the word of God never encourages that and is a strange behaviour capable of taking one to hell fire.

He said: “We are not going to hand the church over to rascals, over to rebellious people that want to scatter everything that is good that the Lord is doing. If you …