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EFCC recovers N4.16 billion debt owed Nigerian government by lottery companies

The Economic and Financial Crimes Commission has recovered at least N4.16 billion out of the debt owed the federal government by lottery companies. The Acting Chairman of the EFCC, Mr. Mohammed Umar Abba, gave the figure on Thursday when a delegation from the Ministerial Task Force for recovery of unpaid revenues from lottery businesses, led by its chairman, Willaims Alo, visited the commission in Abuja. Mohammed noted that lottery companies operating in the country were not forthcoming in remitting revenues that were due to the government hence the need for the EFCC to intervene. While appraising the efforts of the Commission in this direction, he said, “We mapped out strategies which resulted in the recovery of over N1.16 billion from lottery companies, operating in Abuja with over N3 bi...