The Federal Government has announced that they recovered N120 billion, among other currencies, through the Proceeds of Crime (Recovery and Management) Law (POCA), 2022.
Disclosing this was the Minister of Information and Culture, Alhaji Lai Mohammed, in Abuja at the eighth edition of the President Muhammadu Buhari (PMB) Administration Scorecard series (2015-2023).
He said that the money is being used to fund the completion of ongoing critical infrastructure projects.
“In line with the new law, all relevant agencies of government have now opened. Confiscated and Forfeiture Properties Account with the Central Bank of Nigeria.
“The money is being used to fund the completion of ongoing critical infrastructure projects in the country like the Second Niger Bridge as well as Lagos-Ibadan and Abuja-Kano Expressways, he said