The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has announced that the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) recovered a total of ₦277 billion and $105 million in 2024. According to him, the EFCC alone retrieved ₦248 billion, $105 million, and 753 duplexes during the year, while the ICPC recovered N29.685 billion in cash and $966,900 in looted assets. Speaking at the Asset Recovery Summit held Monday at the Abuja Continental Hotel, themed "Synergizing Towards Effective Assets Recovery and Management," Fagbemi noted that Nigeria has made substantial progress in repatriating funds from abroad, underscoring its commitment to financial transparency. He further revealed that the National Drug Law Enforcement Agency (NDLEA) has ramped up its confiscation of assets tied to drug-related crimes, preventing illicit proceeds from sustaining further criminal enterprises. The AGF said, “In 2024 alone, the Economic and Financial Crimes Commission (EFCC) is reported to have reclaimed over N248 billion, $105 million, and 753 duplexes in its asset recovery efforts. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is also reported to have recovered N29.685 billion in cash and $966,900 in assets. “With regards to international recovery and repatriation of assets which is within the purview of the Federal Ministry of Justice, it is pertinent to state that from 2017 to date, the Federal Ministry of Justice working in collaboration with its counterparts and international partners (the US, UK, Bailiwick of Jersey, Ireland, Switzerland), was able to facilitate the execution of various agreements, leading to the payment of fines, recovery and repatriation of assets in the sum of $763,734,000 USD, and £6,472,610 GBP. “Of these sums, a total of $102.88 million and £2, 062,000 GBP (Galactica Assets $52.88 million, Glencore Fined $50 million, Useni/Miner GBP 2,062,000) was recovered from 2024 to date. “However, discussions and negotiations are still ongoing and pending with regards to some other assets located offshore, with a view to finalising their forfeiture and/or repatriation to Nigeria.”