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Recovered Assets Boost Schools as FG, EFCC Deepen Education Partnership

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Odimmegwa Johnpeter/Abuja

The Federal Government has reaffirmed its commitment to strengthening Nigeria’s education sector by converting recovered proceeds of crime into critical investments for schools and tertiary institutions across the country.

The commitment was underscored during the formal handover of recovered assets by the Economic and Financial Crimes Commission (EFCC) to the Federal Ministry of Education for deployment to educational institutions nationwide.

Receiving the assets, the Minister of Education, Dr. Maruf Tunji Alausa described the initiative as a clear demonstration of President Bola Ahmed Tinubu’s commitment to education, human capital development, and the Renewed Hope Agenda. He said recovered assets were being redirected to improve learning infrastructure, expand access to quality education, and enhance students’ welfare.

Alausa commended the Executive Chairman of the EFCC, Mr. Ola Olukoyede, for ensuring that recovered assets are put to productive use for the benefit of Nigerians. He noted that previous recoveries had supported the establishment of the Federal University of Applied Sciences, Kachia, and also provided seed funding for the Nigerian Education Loan Fund (NELFUND).
As part of the latest handover, the EFCC transferred 501 double-decker bed frames, 939 mattresses, and 12 wooden beds with mattresses recovered during Operation Eagle Flush.

The minister assured that the Federal Ministry of Education would ensure the transparent and equitable deployment of the recovered items to educational institutions across the country to improve infrastructure, students’ welfare, and overall learning outcomes.

The initiative further reflected the Federal Government’s drive to channel recovered public assets into impactful national development projects, particularly in the education sector.
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