The federal government says $1 billion in looted funds have been recovered so far by the administration of President Muhammadu Buhari.
Abubakar Malami, the attorney-general of the federation, made the announcement on Wednesday.
He spoke while briefing state house correspondents after the federal executive council (FEC) meeting at the presidential villa, Abuja.
According to Malami, the recovered funds have been deployed to various sectors of the economy, including poverty alleviation.