The Economic and Financial Crimes Commission (EFCC) has secured a sixty million dollar recovery from Nestoil Limited as part of an ongoing probe into the company’s financial transactions with a consortium of lenders. Following a meeting led by EFCC Chairman Olanipekun Olukoyede, Nestoil entered into a structured repayment plan. While this payment marks a significant milestone in settling outstanding debts, the lenders confirmed that further recovery efforts will continue to ensure full liquidation of the remaining balance. The EFCC maintains that the investigation remains active to ensure total accountability and the protection of depositors’ funds.