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EFCC submits an N41.1 billion budget proposal to the Senate for 2023. (Details)


The EFCC’s executive chairman, Mr. Abdulrasheed Bawa, on Thursday submitted an estimated budget for the organization for the year 2023 of N41,120,071,521.75 (forty one billion, one hundred and twenty million, seventy one thousand, five hundred and twenty one naira, seventy five kobo). According to AMILOADED.

The proposal, according to him, calls for spending N36,834,903,804.75 (Thirty Six Billion, Eight Hundred and Thirty Four Million, Nine Hundred and Three Thousand, Eight Hundred and Four Naira, Seventy Five Kobo) exclusively on personnel costs, as well as N3,835,460,631.00 (Three Billion, Eight Hundred and Thirty Five Million, Four Hundred and Sixty Thousand, Six Hundred and Thirty

He claims that the N41,120,071,521.75 estimate for 2023 is only marginally less than the N43,696,381,562.46 allowance for 2022. However, he revealed that as of August 31, 2022, only 53% of the appropriation had been issued, with the budget performance estimated at 83.35% of the total releases.

When highlighting the Commission’s accomplishments in 2022, Bawa revealed that as of October 21, 2022, the EFCC had recorded a total of 2,847 convictions. According to him, the number is larger than the 2,220 convictions the Commission reported in 2021.

The Committee’s Chair, Senator Suleiman Abdul Kwari, praised the Commission’s improvements in his evaluation of the Commission’s performance. He claimed to have been pleasantly pleased to learn of the existence of a committee that vets petitions to determine their applicability to the EFCC’s mission.

One of his constituents who had petitioned the Commission recently received a reply from the committee outlining the reasons why his petition could not be considered, the representative said. He saw this as a sign of empathy and dedication to helping others.

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