The Economic and Financial Crimes Commission (EFCC) has handed over 753 duplexes located in the Cadastral Zone of Abuja linked to the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to the Ministry of Housing and Urban Development.
The duplexes and apartments were seized by the EFCC as part of an ongoing investigation into Emefiele.
The Minister of Housing and Urban Development, Ahmed Dangiwa, on Tuesday, disclosed that the decision followed a directive by President Bola Tinubu that the recovered estate be completed and made available to the Nigerian public through a “transparent and accountable” process.
He stated that the federal government is ready to sell the duplexes.
“Today, I had the honour of hosting the hardworking Chairman of the EFCC, Mr. Olanipekun Olukoyede, as he officially handed over 753 duplexes and other apartments—located in the Cadastral Zone of the Federal Capital Territory—seized from the former Governor of the Central Bank of Nigeria, to the Federal Ministry of Housing and Urban Development,” Dangiwa said.
Dangiwa noted that the duplexes forfeited by the former CBN governor will be accessed by Nigerians through a competitive and transparent sale process.
He added that “a standardised housing design framework will be developed to ensure architectural uniformity and provide guidance to prospective allottees.
The minister revealed that the duplexes will be sold through the Renewed Hope Portal.
“The housing units will be offered for sale through a transparent and competitive process, which will be widely advertised and managed via the Renewed Hope Portal.
“Together with the EFCC, we will work to show that the fight against corruption can deliver real benefits—turning looted assets into livable homes for Nigerians.”
Speaking while handing over the properties to the federal government, the anti-agency Chairman, Olanipekun Olukoyede, said, “This handover is a demonstration of the impact of the fight against financial crimes and corruption.
Court orders forfeiture of Emefiele’s duplexes
Recall that a Federal Capital Territory High Court in Abuja had trashed Emefiele’s application to reclaim the estate after granting both interim and final forfeiture orders in December 2024.
