The Economic and Financial Crimes Commission (EFCC) has handed over the sum of ₦104,091,162.46 to the Niger State Government.
EFCC Spokesman, Dele Oyewale, said this in a statement on Monday, in Abuja.
According to him, the official handover took place on Wednesday, at the EFCC’s Office in Ilorin.
Oyewale said that the development was sequel to the successful recovery of the funds from Kiara Rice Mills Limited, located in Kpatsuwa Village, Mokwa Local Government Area of Niger State.
”The recovered sum represents the company’s unremitted tax liabilities accrued between 2021 and 2024.
”The commission, in February received intelligence indicating that the multi-billion-naira company had failed to remit its full tax obligations, in spite of operating profitably within the state.”
He said that the act was a clear violation of both federal tax laws and Niger State revenue regulations.
”Upon investigation by the Foreign Exchange Malpractice Section of the EFCC, the commission confirmed the infractions and secured full recovery of the outstanding taxes.”
Speaking during the presentation ceremony, the EFCC Chairman, Mr Ola Olukoyede, reaffirmed the commission’s resolve to ensure that public funds are duly accounted for and returned to legitimate owners.
He was represented by the Ilorin Zonal Director and Commander of the EFCC, Dr Ansalem Ozioko.
“The function of the EFCC is to prevent, investigate, and prosecute economic and financial crimes, recover what was stolen, and return it to the rightful owners.
”That is exactly what we are doing here today,” Olukoyede said.
He called for sustained collaboration between the Niger Government and the EFCC, emphasising the need for transparency, accountability, and integrity in governance.
“We urge you to continue partnering with the Commission and to be ambassadors of the EFCC by reporting any act that fails the integrity test,” he said.
Alhaji Aminu Bawa, Group Head of Tax Operations at the Niger State Internal Revenue Service, received the fund on behalf of Niger Government.
Bawa commended the EFCC for its diligence and professionalism.
“On behalf of the Niger State Government, I wish to express our sincere appreciation to the Commission for this commendable recovery effort.
”This development will have a direct and positive impact on the lives of our people,” he said.
He said that the recovered sum would be credited into the state government’s account and deployed for developmental projects across Niger State.