FG to Sell 753 Housing Units Recovered from Ex-CBN Governor Emefiele
Government Announces Plan to Auction Forfeited Estate
The Federal Government has unveiled plans to sell 753 housing units recovered from former Central Bank Governor Godwin Emefiele as proceeds of crime. The announcement came through an official statement from the Ministry of Housing and Urban Development on Tuesday.
Video credit to: AIT Live News
Details of the Forfeited Property
Salisu Haiba, Director of Press and Public Relations at the Ministry, confirmed that the government has taken possession of the estate comprising 753 duplexes. The property was recovered by the Economic and Financial Crimes Commission (EFCC) through its anti-corruption efforts.
The estate, located at Plot 109 in Abuja’s Lokogoma District, sits on a 150,462.86 square meter parcel of land. The Ministry plans to conduct thorough structural assessments before offering the units for sale.
Transparent Sales Process
Housing Minister Ahmed Dangiwa emphasized that the sale would follow a transparent process: “We will adopt a competitive procedure including nationwide advertisement and use of the Renewed Hope Portal for expressions of interest.” The properties will be available to both the general public and for special government needs.
EFCC’s Commitment to Accountability
EFCC Chairman Olanipekun Olukoyede stated that the handover demonstrates the tangible results of Nigeria’s anti-corruption fight. “This action follows President Tinubu’s directive to transfer the asset to the Housing Ministry for completion,” Olukoyede explained.
The EFCC pledged to monitor the project’s completion and provide periodic reports to the President, while commending the judiciary for supporting asset recovery efforts.
The Ministry plans to evaluate and complete outstanding infrastructure including perimeter fencing, internal roads, drainage systems, and recreational facilities before the sales commence.
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