Mirian Gom 
Education Minister Tunji Alausa receives recovered assets from the EFCC for distribution to Nigerian schools.
FG Transfers Recovered Assets to Schools
ABUJA, Nigeria – Recovered assets for schools are being redirected to improve student welfare and learning infrastructure as the Federal Government transfers assets seized from criminal activities to the education sector, Education Minister Dr Tunji Alausa says.
Speaking on Tuesday during the handover of recovered assets by the Economic and Financial Crimes Commission (EFCC) in Abuja, Alausa says President Bola Ahmed Tinubu’s administration is converting proceeds of crime into investments that strengthen education and expand opportunities for Nigerian students.
The recovered items, comprising 501 double-decker bed frames, 939 mattresses and 12 wooden beds with mattresses, are formally handed over to the Federal Ministry of Education during a restitution ceremony.
“President Bola Ahmed Tinubu is transforming proceeds of crime into investments that improve student welfare, strengthen learning infrastructure and expand access to quality education across the country,” the minister says.
According to him, the institution has already enrolled more than 3,000 students in applied sciences, engineering, nursing, health sciences and other strategic disciplines.
Alausa says the newly transferred assets will improve accommodation and welfare for students in colleges and other educational institutions nationwide.
He also commends EFCC Chairman Ola Olukoyede for strengthening public confidence in the anti-corruption agency through professionalism and sustained efforts against corruption, procurement fraud and cybercrime.
Earlier, Olukoyede said the assets were recovered during Operation Eagle Flush, one of the commission’s largest cybercrime operations.
He explains that the operation, conducted towards the end of 2024, resulted in the arrest of about 792 suspects, including foreign nationals, who were investigated, prosecuted, convicted and repatriated after serving their prison sentences.
“Children and young people are among the greatest victims of corruption and financial crimes, making it appropriate for them to benefit from assets recovered from criminal enterprises,” Olukoyede says.
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Oluwatobi Adu 
