The {Economic} and {Financial} Crimes Fee has handed over N104.1 million in unremitted taxes recovered from Kiara Rice Mills Restricted to the Niger State Authorities.
The funds had been formally handed over on Wednesday on the EFCC’s Ilorin Zonal Directorate following an investigation into unremitted tax liabilities owed by Kiara Rice Mills Restricted.
The Fee mentioned the recovered sum of N104,091,162.46 represents excellent taxes amassed between 2021 and 2024. The cash was recovered from Kiara Rice Mills Restricted, a multi-billion-naira rice processing firm situated in Kpatsuwa Village, Mokwa Native Authorities Space of Niger State.
In response to the EFCC, intelligence acquired in February 2025 revealed that the corporate had didn’t remit its full tax obligations regardless of working profitably within the state. This prompted an investigation by the International Alternate Malpractice Part, which later confirmed the tax infractions. The EFCC mentioned the method led to full restoration of the excellent liabilities.
Talking throughout the handover ceremony, the Government Chairman of the EFCC, Mr. Ola Olukoyede, was represented by the Ilorin Zonal Director, Commander of the EFCC, CE Ansalem Ozioko, Ph.D.
“The perform of the EFCC is to forestall, examine, and prosecute {economic} and {financial} crimes, get well what was stolen, and return it to the rightful homeowners. That’s precisely what we’re doing right here right this moment,” he mentioned.
He urged the Niger State Authorities to proceed partnering with the Fee and to be ambassadors of the EFCC by reporting any act that fails the integrity check.
Receiving the funds, the Group Head of Tax Operations on the Niger State Inner Income Service, Alhaji Aminu Bawa, counseled the EFCC for its diligence.
“On behalf of the Niger State Authorities, I want to specific our honest appreciation to the Fee for this commendable restoration effort. This growth may have a direct and optimistic affect on the lives of our folks,” he mentioned
He added that the recovered funds can be credited into the state authorities’s account and used for growth initiatives throughout Niger State.
In response to knowledge shared by the EFCC, the company logged over 19,000 petitions and carried out 29,240 investigations inside the interval, which led to 10,525 instances being filed in courtroom and seven,503 convictions. It recovered 1,502 non-monetary belongings, together with 753 duplexes in Lokogoma, Abuja, and Nok College in Kaduna State, now working because the Federal College of Utilized Sciences, Kachia.
The EFCC highlighted a number of ongoing and concluded corruption instances involving former governors and ministers and confirmed that it arrested 792 suspects linked to funding and cryptocurrency fraud in Lagos in December 2024, together with 192 foreigners who had been later prosecuted and deported. It added that it has reopened a number of longstanding instances and arrange a Process Pressure on Naira Abuse and Dollarisation of the Financial system to curb illicit forex actions nationwide.
