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Nigeria’s Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced that it generated ₦1.8 billion from the sale of forfeited assets, marking a record achievement in its anti-corruption drive.
Chairman of the ICPC, Dr Musa Aliyu, revealed the figure during a briefing in Abuja on Thursday, describing it as a significant step in the commission’s ongoing efforts to recover and return public wealth lost to corruption.
He stated that the funds were realised through a transparent process involving the sale of properties seized from individuals and organisations convicted of financial crimes.
According to Dr Aliyu, the recovered proceeds have been duly remitted into the federal government’s consolidated revenue account, reinforcing the ICPC’s commitment to accountability and transparency in the management of public assets.
He noted that the commission’s work reflects its dedication to ensuring that illegally acquired properties are repurposed for the benefit of Nigerians.
The ICPC chairman further disclosed that the agency has intensified investigations into corruption-related cases, with several high-profile prosecutions ongoing.
He explained that the commission is expanding collaboration with other anti-graft bodies, including the Economic and Financial Crimes Commission (EFCC), to strengthen asset recovery and management frameworks.
Dr Aliyu also reaffirmed that the ICPC would continue to adopt technology-driven methods to improve the traceability of assets and close existing loopholes in public procurement and financial reporting systems.
The development has drawn commendation from civil society groups and governance advocates, who described the ICPC’s performance as evidence of growing institutional efficiency and political will in Nigeria’s anti-corruption agenda.
