The Economic and Financial Crimes Commission, EFCC, has redeemed an additional sum of one billion, four hundred million nairas (N1.4 Billion) for the National Health Insurance Scheme, NHIS.
This was disclosed on its official Twitter page. the money, according to the commission, was part of the funds which some commercial banks ‘fraudulently’ refused to transmit to the Treasury Single Account, TSA, since 2015.
The statement said the money had been released to the NHIS on August 5, 2022. It also disclosed that the Commission had similarly on February 10, 2022, released a sum of N1.5bn to the scheme.