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ICPC Recovers N454bn, Secures 90 Convictions In Four Years
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has recovered N454bn looted public funds and secured 90 convictions in the last four years.
The ICPC Resident Anti-Corruption Commissioner in Osun State, Mr. Demola Bakare, disclosed this on Wednesday at an event in Ede to mark this year’s African Union Anti-Corruption Day.
In his presentation titled, ‘Scorecard: Highlight of the Commission’s Achievement in the fight against Corruption in Nigeria,’ Bakare said the recoveries were made through funds restrained, tax intervention, cash recovered from domiciliary accounts, rent received from some properties forfeited to the government, budget tracking and cash in other accounts, among others.
He said, “We have also within the time under review investigated 4,737 cases, secured 90 convictions, and tracked 3,422 projects under the constituency and project tracking initiative.”
The Controller of Correction of the Nigeria Correctional Service in the state, Tolu Ogunsakin, urged the youth to be persons of integrity.
Speaking in a similar vein, the State Resident Electoral Commissioner of the Independent National Electoral Commission, Dr. Mutiu Agboke, admonished the participants to instill integrity in the younger generation.
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Over 1,500 RSU Students Apply For Education Loan

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EFCC, Immigration Repatriate 51 Foreign Cybercrime Convicts

The Economic and Financial Crimes Commission (EFCC) and the Nigerian Immigration Service have repatriated 51 more foreign nationals convicted for cyber-terrorism and internet fraud.
The latest group of deportees, according to a statement by the EFCC, yesterday, includes 50 Chinese nationals and one Tunisian.
The repatriation, which took place yesterday, brings the total number of convicted foreign nationals deported in the ongoing exercise to 102 since its commencement on Friday, August 15, 2025.
These convicts were among the 192 foreign nationals apprehended during a recent sting operation conducted by the Commission in Lagos.
The operation followed actionable intelligence regarding the activities of one of the largest foreign-led cybercrime syndicates operating within Nigeria.
The EFCC statement read, “This exercise demonstrates our unwavering commitment to ensuring that Nigeria is not a safe haven for international criminals.
“The successful conviction and repatriation of these individuals send a clear message: we will not tolerate the use of our nation’s digital space for illicit activities that undermine our economy and national security.”
The Commission stated that further deportations are scheduled to take place in the coming days as the exercise continues.
NELFUND To Stop Students’ Upkeep Loans During Holiday
The Nigerian Education Loan Fund (NELFUND) says the upkeep loan disbursement is now strictly tied to the academic session of each institution.
NELFUND made this known yesterday in a statement signed by its Director of Corporate Communications, Oseyemi Oluwatuyi.
“In line with this directive, students shall only be entitled to upkeep loans for their current academic session. Upon the conclusion of an institution’s academic year, upkeep payments for that session shall automatically cease.
“Consequently, students who transition into a new academic year will no longer receive upkeep disbursements for the preceding session,” Oluwatuyi said in the statement.
NELFUND further stated that interested loan applicants are required to apply for the loan at the beginning of every academic session to be eligible for both institutional charges and upkeep for that particular session.
“To ensure accuracy and transparency, the NELFUND loan portal is being automated to reflect this adjustment. The portal will henceforth display only the upkeep loans that have been collected by each student within the relevant session.
“Institutions are therefore strongly advised to upload their academic calendars and sessional information in a timely manner to guarantee that their students receive the full upkeep benefits due to them for an entire academic year,” he stated.
Apart from institutional loans disbursed directly to institutions, beneficiaries of the student loan scheme enjoy monthly disbursement of N20,000 which amounts to N240,000 yearly.
With the new directive, students will only enjoy the monthly N20,000 during academic session while payment will be ceased when students embark on holidays.
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