• Home
  • News
    • BREAKING!
    • Investigation
    • Media
    • Interview
    • NEWS ANALYSIS
    • PRESS RELEASE
  • Politics
  • Business
    • OIL & GAS
    • AVIATION
    • ENERGY
    • ECONOMY
    • Agriculture
  • Crime
  • Entertainment
    • MUSIC&ENTERTAINMENT
    • PEOPLE/SOCIETY/CELEBRATION
  • Sports
  • About Us
    • Contact Us
    • Mission Statement
  • More
    • INTERNATIONAL
      • AFRICA
      • DIPLOMATIC
      • FOREIGN
    • DISASTER
    • Civil Society/Human Rights
    • EDUCATION
    • Health
    • Columnist
    • ENVIRONMENT
    • Workers World
    • Judiciary
    • Guest Column
    • Opinion
    • RELIGION
    • ADVENTURE
    • HISTORY
    • DEFENCE
    • SEXUAL VIOLENCE
    • ICT
    • SUNDAY SERMON
    • OBITUARY
    • FOR THE RECORD
    • REACTION
  • Advertise on National Record
Facebook Twitter Instagram
Trending
  • Late Budget Release Could Undermine Early Planning For 2027 Elections, INEC Warns
  • Ihedioha Mourns Former NECO Board Chairman, Paddy Njoku
  • The Logic Of Banditry: The US-Iran Peace Deals
  • Oyo Govt. Fixes July 1 For Contributory Pension Scheme’s Take-Off
  • Kebbi Farmers-Herders Clash: Police Arrest 4 Suspects, CP Flays Jungle Justice
  • Appeal Court Adjourns Hearing In Parties’ Deregistration Suit Until July 7
  • FWF Demands Immediate Wage Review, Stages Nationwide Protests For Monday Over Insecurity, Unpaid Entitlements
  • GOCOP, Phase3 Telecom Explore Collaboration To Advance Responsible Journalism, Broadband Expansion
Facebook Twitter Instagram
National RecordNational Record
  • Home
  • News
    1. BREAKING!
    2. Investigation
    3. Media
    4. Interview
    5. NEWS ANALYSIS
    6. PRESS RELEASE
    Featured

    Late Budget Release Could Undermine Early Planning For 2027 Elections, INEC Warns

    By National RecordJune 26, 202604 Mins Read
    Recent

    Late Budget Release Could Undermine Early Planning For 2027 Elections, INEC Warns

    June 26, 2026

    Ihedioha Mourns Former NECO Board Chairman, Paddy Njoku

    June 26, 2026

    Kebbi Farmers-Herders Clash: Police Arrest 4 Suspects, CP Flays Jungle Justice

    June 26, 2026
  • Politics
      Featured

      Late Budget Release Could Undermine Early Planning For 2027 Elections, INEC Warns

      By National RecordJune 26, 202604 Mins Read
      Recent

      Late Budget Release Could Undermine Early Planning For 2027 Elections, INEC Warns

      June 26, 2026

      Appeal Court Adjourns Hearing In Parties’ Deregistration Suit Until July 7

      June 26, 2026

      2027: Anosike Positions Welfare, Jobs, Healthcare, Others At The Heart Of His Abia Agenda

      June 25, 2026
    1. Business
      1. OIL & GAS
      2. AVIATION
      3. ENERGY
      4. ECONOMY
      5. Agriculture
      Featured

      Dangote Refinery Denies Claims Of Petrol Exports Being Re-imported

      By National RecordJune 24, 202603 Mins Read
      Recent

      Dangote Refinery Denies Claims Of Petrol Exports Being Re-imported

      June 24, 2026

      Shell Appoints Elohor Executive Vice President, Country Chair Nigeria, As Marno Bows Out

      June 17, 2026

      Dangote Expects Over $4bn Annual Forex Earnings From Fertiliser Exports

      June 16, 2026
    2. Crime
        Featured

        Alleged Gratification, Favouritism: Witness Counters Ngige On NSITF Contracts

        By National RecordJune 25, 202603 Mins Read
        Recent

        Alleged Gratification, Favouritism: Witness Counters Ngige On NSITF Contracts

        June 25, 2026

        NDLEA Busts Meth Lab In Oyo Forest, Arrests Mexican, 4 Others

        June 24, 2026

        Police Intercept 174 Rounds Of AK-47 Ammunition In Nasarawa, Detain Suspect

        June 23, 2026
      1. Entertainment
        1. MUSIC&ENTERTAINMENT
        2. PEOPLE/SOCIETY/CELEBRATION
        Featured

         ‘Project Hail Mary’ Grosses N39m At West African Box Office Debut

        By National RecordMarch 31, 202601 Min Read
        Recent

         ‘Project Hail Mary’ Grosses N39m At West African Box Office Debut

        March 31, 2026

        Documentary Film, ‘Mothers Of Chibok’, Hits Cinemas Feb 27

        February 23, 2026

        Nollywood Blockbuster ‘Son Of The Soil’ Set For Premiere At Pan-African Film Festival

        February 4, 2026
      2. Sports
          Featured

          Cape Verde Hold European Champions Spain To Barren Draw

          By National RecordJune 15, 202602 Mins Read
          Recent

          Cape Verde Hold European Champions Spain To Barren Draw

          June 15, 2026

          Mexico Launch World Cup In Style With Commanding Win Over South Africa In Fiery Opener

          June 11, 2026

          World Cup: UN Rights Chief Urges Rethink Of U.S. Immigration Policies

          June 11, 2026
        1. About Us
          • Contact Us
          • Mission Statement
        2. More
          • INTERNATIONAL
            • AFRICA
            • DIPLOMATIC
            • FOREIGN
          • DISASTER
          • Civil Society/Human Rights
          • EDUCATION
          • Health
          • Columnist
          • ENVIRONMENT
          • Workers World
          • Judiciary
          • Guest Column
          • Opinion
          • RELIGION
          • ADVENTURE
          • HISTORY
          • DEFENCE
          • SEXUAL VIOLENCE
          • ICT
          • SUNDAY SERMON
          • OBITUARY
          • FOR THE RECORD
          • REACTION
        3. Advertise on National Record
        National RecordNational Record
        Home»News»Crime»Betta Edu: EFCC Recovers N30bn, Places 50 Bank Accounts Under Investigation
        Crime

        Betta Edu: EFCC Recovers N30bn, Places 50 Bank Accounts Under Investigation

        National RecordBy National RecordApril 9, 2024Updated:April 9, 2024No Comments3 Mins Read
        Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
        Betta Edu
        Betta Edu
        Share
        Facebook Twitter LinkedIn Pinterest WhatsApp Email

        THE ECONOMIC and Financial Crimes Commission (EFCC) has so far recovered N30 billion in the ongoing probe of suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu.

        The Chairman of EFCC, Mr Ola Olukoyede, said this in the March edition of the commission’s monthly e-magazine, EFCC Alert, released on Monday.

        Olukoyede said the commission had also placed 50 bank accounts under investigation over alleged fraud that involved Halima Shehu, suspended Chief Executive Officer (CEO) of the National Social Investment Programme Authority (NSIPA).

        President Bola Tinubu had in January, suspended both Edu and Shehu over alleged payment of N585 million humanitarian funds meant for vulnerable groups in Akwa Ibom, Lagos state, Cross River and Ogun into a private account.

        The President also suspended Social Investment Programme and, thereafter, asked the EFCC to take over the case and probe both embattled officials, including anyone involved.

        RELATED NEWS:

        EFCC Invites Suspended Minister Edu Over Alleged Fraud, Grills Ex-Minister Umar-Farouk

        Edugate: Don’t Spare Anybody Involved, Obi Tells Tinubu

        President Tinubu Suspends Edu

        Olukoyede said the anti-graft agency was making progress on the investigation, emphasising the magnitude of the case and the need for Nigerians to exercise patience.

        “With respect to this particular case, we have recovered over N30 billion, which is already in the coffers of the federal government. It takes time to conclude investigations; we started this matter less than six weeks ago,” he said.

        According to him, there are cases that take years to investigate. There are so many angles to it. And we need to follow through with some of the discoveries that we have seen.

        “Nigerians should give us time on this matter; we have professionals on this case and they need to do things right. There are so many leads here and there.”

        According to him, as it is now, the commission is investigating over 50 bank accounts that we have traced money to.

        ALSO READ:

        Court Remands 2 Fishermen For Alleged Armed Robbery, Culpable Homicide In Benue

        Construction Worker Bags Life Imprisonment For Defiling Minor In Lagos

        Pope Condemns Abortion, Surrogacy As Against Human Dignity

        Nicaragua Accuses Germany Of Aiding, Abetting Genocide In Gaza

        “That is no child’s play. That’s a big deal. And again, we have thousands of other cases that we are working on.

        “Nigerians have seen the impact of what we have done so far by way of some people being placed on suspension and by way of the recoveries that we have made. You have seen that the programme itself has been suspended,” he said.

        He said the commission was exploring so many discoveries that it had stumbled upon in its investigation.

        “If it is about seeing people in jail, well, let them wait, everything has a process to follow.

        “So, Nigerians should wait and give us the benefit of the doubt,” Olukoyede stated. (NAN)

        Follow the National Record Channel on WhatsApp

        50 bank accounts under investigation Betta Edu EFCC recovers N30bn
        National Record

          Related Posts

          Late Budget Release Could Undermine Early Planning For 2027 Elections, INEC Warns

          June 26, 2026

          Ihedioha Mourns Former NECO Board Chairman, Paddy Njoku

          June 26, 2026

          Kebbi Farmers-Herders Clash: Police Arrest 4 Suspects, CP Flays Jungle Justice

          June 26, 2026

          Leave A Reply Cancel Reply

          Recent Posts
          • Late Budget Release Could Undermine Early Planning For 2027 Elections, INEC Warns
          • Ihedioha Mourns Former NECO Board Chairman, Paddy Njoku
          • The Logic Of Banditry: The US-Iran Peace Deals
          • Oyo Govt. Fixes July 1 For Contributory Pension Scheme’s Take-Off
          • Kebbi Farmers-Herders Clash: Police Arrest 4 Suspects, CP Flays Jungle Justice
          About Us
          About Us

          Contest Communications Limited is a company incorporated to operate a purely ideologically progressive and working class news establishment. Registered in 2019 to bring this idea into reality, National Record, with the domain name: https://nationalrecord.com.ng/ was conceived to operate as an online news publication.

          Contact Us

          Contest Communications Limited

          Address: 2nd Floor, Suite 21B, Dagep Plaza, Opposite Anaconda Garden and Resort, Off Karu Roundabout, Karu-Site, AMAC, Abuja-FCT.

          Phone: +2348033209749

          Email: Nationalrecordng@gmail.com

          Facebook Twitter Instagram Pinterest
          © 2026 All Right Reserved. National Record. Designed By DeedsTech.

          Type above and press Enter to search. Press Esc to cancel.