{"id":2868,"date":"2026-03-07T08:06:00","date_gmt":"2026-03-07T08:06:00","guid":{"rendered":"https:\/\/tona.today\/?p=2868"},"modified":"2026-03-09T19:07:48","modified_gmt":"2026-03-09T19:07:48","slug":"efcc-hands-over-recovered-%e2%82%a6279m-to-wole-soyinka-centre-in-lagos","status":"publish","type":"post","link":"https:\/\/tona.today\/?p=2868","title":{"rendered":"EFCC hands over recovered \u20a6279m to Wole Soyinka Centre in Lagos"},"content":{"rendered":"\n<p>As part of efforts to combat corruption and recover misappropriated public funds, the Economic and Financial Crimes Commission (EFCC) has handed over the sum of \u20a6279 million to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known as the National Theatre, Lagos.\u2028<\/p>\n\n\n\n<p>The handover ceremony took place on Friday at the EFCC\u2019s Lagos Zonal Directorate 2, Ikoyi.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Asake - Organise (Official Video)\" width=\"980\" height=\"551\" src=\"https:\/\/www.youtube.com\/embed\/_u4_iWCvZ5c?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>A statement by the Head, Media and Publicity of the agency, Dele Oyewale, said the Commission had, in 2009, received a petition from Kabir Yusuf, former General Manager\/CEO of the National Theatre, against one Prince Benjamin Apugo and others, alleging that a contract worth \u20a6299,707,828.00 was awarded through the Ministry of Tourism, Culture and National Orientation to Techno Exportstroy Nig. Limited for the construction of five gates, sand filling, and reclamation works at the National Theatre.<\/p>\n\n\n\n<p>It disclosed that investigations revealed that the suspect, Yusuf Ahmed Atai, in his capacity as Acting General Manager of the National Theatre, released the sum of \u20a6334,229,794.24 to the contractor, which exceeded the original contract sum by \u20a634,521,966.00.<\/p>\n\n\n\n<p><br>\u201cFurther investigations showed that the contractor only executed work valued at \u20a655,910,744.00, leaving an outstanding balance of \u20a6243,799,132.25 in unexecuted work.\u2028\u2028The suspect also failed to refund the excess payment of \u20a634,521,966.00.<\/p>\n\n\n\n<p>\u201cUpon the conclusion of investigations, the suspect was charged in court for prosecution.\u2028During the course of the trial, a total sum of \u20a6279,000,000.00 was recovered from the defendant on behalf of the complainant,\u201d the statement partly read.<\/p>\n\n\n\n<p>Speaking during the handover ceremony, the Executive Chairman of the EFCC, Ola Olukoyede, represented by the Acting Zonal Director, Lagos Zonal Directorate 2, Ikoyi, &nbsp;Assistant Commander of the EFCC,&nbsp; ACE I Bawa Usman Kaltungo, reaffirmed the Commission\u2019s resolve to ensure that public funds are properly accounted for and returned to their rightful owners.<\/p>\n\n\n\n<p>He urged the management of the Wole Soyinka Centre for Culture and the Creative Arts to use the recovered funds judiciously.<\/p>\n\n\n\n<p>\u201cWe cannot suffer to recover this money for you and then have it used for purposes other than what it is meant for after receiving it from us.&nbsp;We have already asked you to tell us what you intend to do with it, and you should know that we will keep an eye on how it is utilised.<\/p>\n\n\n\n<p>\u201cNigerians have always sought to know what the Commission does with recovered funds,\u201d he said.<\/p>\n\n\n\n<p>He added that the Commission would periodically inspect the project for which the funds would be used.<\/p>\n\n\n\n<p>\u201cWe will be visiting from time to time to monitor the progress of work. Our eagle eyes will be watching the pace of work. Do not tamper with the recovered funds. Use them for the benefit of Nigeria and all of us,\u201d he added. <a href=\"https:\/\/www.channelstv.com\/2026\/03\/06\/efcc-hands-over-recovered-%e2%82%a6279m-to-wole-soyinka-centre-in-lagos\/\">(Channels)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of efforts to combat corruption and recover misappropriated public funds, the Economic and Financial Crimes Commission (EFCC) has handed over the sum of \u20a6279 million to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known as the National Theatre, Lagos.\u2028 The handover ceremony took place on Friday at the EFCC\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[606,1719,1722],"class_list":["post-2868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-economic-and-financial-crimes-commission-2","tag-national-theatre","tag-wole-soyinka-centre-for-culture-and-the-creative-arts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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