Institutions recovered from crime converted to federal varsities – EFCC

A university seized in a crime-related forfeiture case now operates as a federal institution in Kaduna State, according to Economic and Financial Crimes Commission Chairman Ola Olukoyede.

The former NOK University in Kachia became the Federal University of Applied Sciences, Kachia. Olukoyede said 1,909 students matriculated there in December 2025, describing the conversion as a way to put a recovered asset to public use. He said the institution was expected to create a wider economic impact in Southern Kaduna.

Olukoyede also disclosed that another private university had recently been finally forfeited to the Federal Government. He did not identify it, but referred to a university in Kebbi with temporary and permanent sites and a large residence built for its vice-chancellor. The article says those details are consistent with Rayhaan University, whose forfeiture, along with other properties linked to a former Attorney-General of the Federation, was secured by the EFCC on 15 July 2026.

“

A university seized from crime is now a federal university. The recovered campus in Kaduna State became the Federal University of Applied Sciences, and in December 2025, 1,909 students matriculated there. Young people who, in the ordinary course of things, would never have seen the inside of a lecture hall.

That forfeiture order covered the university’s permanent, temporary and third sites, its radio station and a residence for its vice-chancellor. Olukoyede said the EFCC’s enforcement work over the past three years had moved beyond punishment to returning recovered value to the economy.

Between October 2023 and July 2026, he said, the Commission secured the forfeiture of 10,053 assets, including real estate, land, vehicles, electronics, schools, factories, hotels, oil rigs, barges, machinery and aircraft, as well as 102 tonnes of solid minerals. Disposals had returned ₦12.07 billion to the Federal Government, he said, while also strengthening public revenue and financial-market integrity.

“

Beyond cash, between October 2023 and July 2026 we secured the forfeiture of 10,053 assets: real estate, land, vehicles, electronics, schools, factories, hotels, oil rigs, barges, machinery and aircraft, along with 102 tonnes of solid minerals. Disposals so far have returned ₦12.07 billion to the Federal Government.