Operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have successfully intercepted N5.88 billion that was being diverted by several Ministries, Departments, and Agencies (MDAs).
In a separate operation, the agency recovered N10 billion intended for COVID-19 vaccine production and returned it to the national treasury.
Additionally, the ICPC remitted N10.99 billion in value-added tax (VAT) to the Federal Inland Revenue Service (FIRS).
The ICPC Chairman, Musa Aliyu, made these announcements during an end-of-year event at the commission’s headquarters in Abuja, on Tuesday.
Aliyu, marking his one-year tenure, also revealed that the commission had recovered $966,900.83 in foreign currency, which has been deposited into the ICPC’s account with the Central Bank of Nigeria.
The event, attended by various dignitaries including EFCC Chairman Ola Olukoyede and Sierra Leone’s Anti-corruption Commissioner Francis Kaifala, highlighted ICPC’s achievements in combating corruption.
Aliyu, a Senior Advocate of Nigeria, explained that the N5.88 billion diversion attempt was blocked as part of a broader effort involving a Systems Study and Review (SSR) for 323 MDAs.
This review was conducted using the commission’s Ethics and Integrity Compliance Scorecard (EICS).
In his speech, Commissioner Kaifala praised Nigeria’s efforts in the anti-corruption fight, stating that it has inspired his country to enhance its own legal frameworks.
The Director-General of the Bureau of Public Procurement (BPP), Adebowale Adedokun, also reaffirmed his commitment to upholding transparency and accountability within Nigeria’s procurement processes.