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EFCC Hands Over 753 Houses Allegedly Owned By Emefiele To FG
The Federal Ministry of Housing and Urban Development on Tuesday announced that it has taken delivery of the 753 housing units in the Abuja housing estate of the former Central Bank Governor, Godwin Emefiele.
Recall that the 753 housing units linked to the embattled former CBN were seized by the Economic and Financial Crimes Commission (EFCC).
The Executive Chairman of EFCC, Mr Olanipekun Olukoyede, officially handed over the housing estate to the Minister of Housing and Urban Development in Abuja.
Speaking, the EFCC’s Chairman stated that the handing over of the forfeited properties was a demonstration of the impact of the fight against financial crimes and corruption in Nigeria, as captured in the Renewed Hope Agenda of President Bola Ahmed Tinubu.
He recalled an investigation into the property, which started last year, leading to a civil forfeiture of the asset due to the belief that no one could have owned it legitimately.
The EFCC boss also emphasised the need for accountability and transparency in managing forfeited assets, informing of the directive from President Bola Tinubu to hand over the asset to the Ministry of Housing and Urban Development for completion.
“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,” he said.
The EFCC Chairman said that the estate contained hundreds of apartments on a parcel of land measuring 150,462.86 square meters and located at plot 109, Cadastral Zone, co9, Lokogoma district, Abuja.
He stated that the anti-graft agency would monitor the project completion by the ministry for periodic reports and feedback to the president.
Also speaking, Dangiwa commended the leadership of EFCC under Olukoyede for the sustained efforts in the fight against corruption and the recovery of public assets.
“This 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,” he stated.
Dangiwa said that following the formal handover of the estate by the EFCC, the Federal Ministry of Housing and Urban Development will conduct a joint familiarisation tour of the facility alongside the EFCC team to properly assess its state.
“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 minister stated.
Tinubu, represented by Vice President Senator Kashim Shettima at a formal reception in Uyo on Saturday, welcomed the governor and his supporters to the ruling party.
He pledged that Governor Eno would not be abandoned and would have no regrets about joining the APC.
According to Shettima, “The strength of any political party comes not from division, but from unity of purpose. We are here today because we understand that enduring power lies in standing together, not in isolation or internal strife.”
He emphasized that the APC is a party of the people, saying, “We believe in building bridges, not walls; in mending fences, not erecting new ones. Above all, we know that the strength of a political party lies in its people — the people are the party.”
Speaking directly to Governor Eno, Shettima added: “President Tinubu is a bridge-builder and a democrat. Your decision to join the APC is one you will never regret. You will not be humiliated or forsaken. You are home.”
Speaking through Ghana’s Finance Minister at the West Africa Economic Summit (WAES) in Abuja on Saturday, President Mahama warned that economic integration and trade cannot thrive in an atmosphere of political instability.
“Trade cannot flourish where democracy is in retreat. Investment does not land where governance is broken.
“The recent wave of instability and military takeovers in our region is not just a security concern—it is an economic emergency. We must defend democracy as a prerequisite for prosperity.
“Let West African leaders recommit to constitutional order—not as an abstract ideal, but as a practical requirement for growth. We cannot unlock trade while our region is locked in conflict,” Mahama was quoted as saying.
In January 2025, ECOWAS formally acknowledged the withdrawal of Niger, Mali, and Burkina Faso—now members of the Alliance of Sahel States—following tensions rooted in the 2023 Niger coup.
To this end, Mahama called for the creation of an ECOWAS Charter on Democratic Stability and Economic Development, linking good governance with access to regional investment support.
The president urged leaders to recommit to constitutional order as a practical foundation for development, rather than merely a political ideal.
Akpabio said this on Saturday at the Godswill Akpabio International Stadium, Uyo, the Akwa Ibom capital, during the official reception of Umo Eno to the APC.
“Governor Sheriff of Delta State thank you for joining the progressive family and moving the South South in a progressive direction.
“Governor Umo Eno, after you, Rivers State will just tumble, after Rivers State, Bayelsa will join.
“We won election with Governor Otu in Edo State and we produced an amiable Monday Okpebholo, congratulations once again for your victory.”
In April, Eno had hinted at leaving the Peoples Democratic Party, PDP, for APC.
The governor had blamed the internal crisis within the PDP for his decision to leave the party for APC.
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