US EditionNigeria to Sell Estate Linked to Ex-Central Banker to Citizens
- On May 23, 2025, the EFCC officially transferred ownership of a 753-unit housing estate in Lokogoma, Abuja, to the authorities responsible for housing and urban development for further management and eventual public sale.
- The estate was seized following court-ordered forfeiture linked to former Central Bank Governor Godwin Emefiele amid ongoing financial crime trials.
- The Ministry, led by Ahmed Dangiwa, confirmed taking possession and plans a technical audit to ensure the estate’s safety and readiness for public sale.
- EFCC Chairman Olanipekun Olukoyede called the estate recovery the largest since 2003, emphasizing transparency and stating, "The essence of this visit is to show that it is real."
- This transfer marks a notable step in Nigeria’s anti-corruption fight, highlighting efforts to transform seized assets into housing amid economic challenges and housing deficits.
23 Articles
23 Articles
FG to complete, sell 753 duplexes seized from Emefiele to Nigerians
The Federal Government has disclosed that it would give Nigerians the opportunity to acquire the 753 housing units confiscated from former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. The Federal Ministry of Housing and Urban Development revealed development in a statement issued on Friday, May 23, 2025. This came after Ahmed Dangiwa, Minister of Housing and Urban Development, and Olanipekun Olukoyede, Chairman of the Economic and Fin…
EFCC hands over Abuja estate of 753 recovered housing units to housing ministry
The housing minister confirmed delivery of the estate by the EFCC and highlighted his ministry’s plan for the assets. The post EFCC hands over Abuja estate of 753 recovered housing units to housing ministry appeared first on Premium Times Nigeria.
EFCC hands over Emefiele's former 750 duplexes to Housing minister - Daily Trust
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has handed over the confiscated 750-unit luxury housing estate seized from former CBN Governor, Godwin Emefiele, to the Minister of Housing, Ahmed Musa Dangiwa The brief handover ceremony held in Abuja, on Tuesday. The Minister said the housing units will be sold through a clear and competitive process. “This procedure will be promoted extensively and overseen throu…
Housing Ministry alerts Nigerians, says 753-unit estate recovered from Godwin Emefiele not yet for sale
The Ministry of Housing and Urban Development, on Saturday, has alerted the general public that it has not yet commenced any process for the sale of the 753-unit housing estate recovered from former Central Bank of Nigeria Governor, Godwin Emefiele, by the Economic and Financial Crimes Commission (EFCC). The post Housing Ministry alerts Nigerians, says 753-unit estate recovered from Godwin Emefiele not yet for sale appeared first on Nairametri…
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