By Progress Godfrey
ABUJA – The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it tracked 4,582 public projects valued at over N22.53 trillion between 2023 and June 2026, saving the Federal Government an estimated N385.62 billion.
ICPC Chairman, Dr Musa Adamu Aliyu, disclosed this on Thursday at the 4th Economic Confidential Lecture and 6th National Spokespersons Awards in Abuja, where he gave a keynote speech, saying the Commission also facilitated the return of projects worth N507.04 billion to sites within the period.
Aliyu said the projects were monitored under the Commission’s Constituency and Executive Projects Tracking Initiative (CEPTI), which he said had helped improve value for money, strengthen accountability in public spending and facilitate the completion of abandoned projects.
He explained that anti-corruption reforms were not limited to prosecution and sanctions, but also involved preventing corruption, strengthening institutions and improving systems to save public resources.
“Between 2023 and June 2026, the Commission tracked 4,582 public projects valued at over N22.53 trillion, facilitated the return of projects worth N507.04 billion to sites and generated estimated savings of N385.62 billion for Government.
“These results demonstrate that effective anti-corruption interventions not only prevent corruption but also restore stalled projects, protect public resources, improve value for money and contribute directly to Nigeria’s economic stability,” Aliyu said.
The ICPC chair further disclosed that the Commission had secured a Federal High Court order for the forfeiture of unlawfully acquired properties valued at over N5 billion in a case involving the Federal Mortgage Bank of Nigeria, with the court directing the completion of 962 housing units.
He added that the Commission’s investigation into the 2024 Integrated Personnel and Payroll Information System (IPPIS) payroll fraud led to the final forfeiture of over N941.9 million to the Federal Government.
Aliyu stressed that corruption remained a major barrier to economic transformation because it diverted public resources, weakened institutions, discouraged investment and undermined public trust.
He also urged institutions to use technology, including predictive analytics, fraud detection, procurement monitoring and anomaly detection, to identify corruption risks early, while warning that cyber-enabled fraud, identity theft, deepfakes and digital misinformation posed emerging threats.
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