Economic and Financial Crimes Commission transfers N3.9bn recovered funds to NNPC Limited

The Economic and Financial Crimes Commission (EFCC), on Wednesday, March 18, 2026, handed over a total sum of N3,936,145,822 (Three Billion, Nine Hundred and Thirty-Six Million, One Hundred and Forty-Five Thousand, Eight Hundred and Twenty-Two Naira) to the NNPC Limited.

The presentation was made on behalf of the Executive Chairman of the Commission, Ola Olukoyede, by the Secretary to the Commission, Mohammed Hammajoda, during a brief ceremony at the EFCC headquarters in Abuja.
In his remarks at the occasion, Hammajoda reiterated the Commission’s commitment to tackling economic and financial crimes, noting that the funds were recovered through diligent investigation and the professional uncovering of fraudulent activities involving some actors within NNPCL.
“On behalf of the Executive Chairman, we will continue to put ourselves on the line to serve over 220 million Nigerians. Along the line, many of our colleagues have paid the price, and others will still pay the price as we continue to carry out our duties with courage and integrity. We will serve and continue to serve this country. So, on behalf of the EFCC, I present the sum of Three Billion, Nine Hundred and Thirty-Six Million, One Hundred and Forty-Five Thousand, Eight Hundred and Twenty-Two Naira to you,” he said.
Receiving the funds on behalf of NNPC, the Executive Vice President, Downstream, Mumuni Dagazau, expressed appreciation to the Commission for its support in the recovery, stating that it reflects the unity within the system.
“NNPC over the years has had its struggles and challenges, and one thing we have always tried to do is correct the system. When the opportunity came for this recovery from your team that handled this, it was something I was really proud of. I was also pleased that we brought it to the EFCC to assist and support us. We are very excited; for me, this is a great day for us. We will continue to rely on you for assistance, and this is a real commitment for us moving forward,” he said.