The Ministry of Housing and Urban Development has officially taken possession of a 753-unit housing estate that previously belonged to the former Central Bank of Nigeria Governor, Godwin Emefiele.
The handover, conducted by the Economic and Financial Crimes Commission (EFCC), took place on Tuesday at the Ministry’s headquarters in Mabushi, Abuja.
Salisu Haiba, the Ministry’s spokesman, reported that the Minister of Housing and Urban Development, Ahmed Dangiwa, commended the EFCC for its continuous efforts in asset recovery and anti-corruption.
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According to the Ministry’s statement, this acquisition marks “a significant milestone in our collective determination to ensure that recovered assets are put to productive use in ways that directly benefit the Nigerian people. The housing estate recovered from the former Governor of the Central Bank is a case in point.”
Minister Dangiwa announced that the Ministry, in collaboration with the EFCC, will conduct a joint assessment of the estate’s current condition.
He explained, “We intend to carry out thorough integrity and structural assessments on all buildings and associated infrastructure to confirm their safety and suitability for habitation.”
The units will then be offered for sale to the public and for special government needs through “a transparent and competitive process,” including nationwide advertisements and the “Renewed Hope Portal” for expressions of interest.
Olanipekun Olukoyede, the EFCC Chairman, emphasized the symbolic and practical importance of the handover, demonstrating the government’s commitment to fighting corruption.
He stated, “It is important for us to demonstrate to Nigerians that whatever proceeds of crime that we have recovered in the course of our work, the application of that will be made transparent to Nigerians so that we will not allow looted assets to be looted again.”
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