NewStats: 3,259,485 , 8,170,258 topics. Date: Sunday, 25 May 2025 at 08:51 AM 5x444q

The Federal Government has officially taken possession of a 750-unit luxury housing estate confiscated from the embattled former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele.

The handover was conducted by the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, and received by the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa.

The estate, comprising high-end duplexes located in a prime area of the Federal Capital Territory, was forfeited to the government following extensive investigations by the EFCC into financial impropriety during Emefiele’s tenure as apex bank chief.

The asset seizure forms part of the broader efforts by the Tinubu istration to recover looted public funds and repurpose confiscated properties for national development.

Speaking on the matter, Dangiwa disclosed that the ministry will conduct a full integrity and structure test of the buildings and complete all outstanding infrastructure.

In his words: “We will conduct a comprehensive integrity and structural assessment of all buildings and associated infrastructure to ensure safety and suitability for habitation,”

“We will also complete all outstanding infrastructure, including roads, drainage systems, and other essential amenities, to make the estate fully functional. Additionally, a standardized housing design framework will be developed to ensure architectural uniformity and provide guidance to prospective allottees.”

“Finally, the housing units will be offered for sale through a transparent and competitive process, which will be widely d and managed via the Renewed Hope Portal.”

https://politicsnigeria.com/breaking-efcc-hands-over-emefieles-750-houses-to-ministry-of-housing-photos/

Blood of the lamb

APC has finished Nigeria. Under Buhari regime,Nigeria witnessed the highest looting by any government and Tinubu is breaking that record already

Good one

Many politicians need to be in asylum. This kind of greed is not normal again o.

Nice one

They should merge it with renewed hoped estate

But this man call Emefiele get mind sha

If APC loses power, Emefiele will rise—appeal, and snatch back every naira they looted from him under the guise of prosecution. This is not justice; it’s the resurrection of the “abandoned property” madness, a political witch-hunt cloaked in legal nonsense. His only so-called crime? Changing the currency to choke vote buyers. That alone made him a marked man. Meanwhile, the real vultures in the NNPC—those blood-sucking, oil-thieving warlords—are shielded by power, untouched by EFCC, and drunk on stolen billions while the country rots.

His greed is epic. How can any country develop with people like this in positions of power?

Good one...

Emefiele made me change my old 50k cash to collect 10k new naira on his deadline dead of old money ...

That 40k loss still dey pain me a swear

Sigh.......taken from one thief only to be given to another thief...

The ant general who moved over N100b under Buhari and was exposed, when is he forfeiting his own, or is justice now for political opponents alone?

ElSudani:
His greed is epic. How can any country develop with people like this in positions of power?

He developed properties with it and you are asking about development again. Na wa oooo.

Sibrah:
He developed properties with it and you are asking about development again. Na wa oooo.

Lol, right.
Emefiole.

I would really love to have a piece of this cake mehn.

I hope they make the sale public.

To be codedly returned to him.

Or shared by the wolves we have in Aso Rock.

Emefiele is APC ?

Decidetolive:
APC have finished Nigeria

hope they'll not sell it to their family, friends and Emefiele himself

Nigerians really suffered in the hands of Emefiele and his watercolour money.All thanks to Banks like FIDELITY, FCMB,FIRST BANK, ECOBANK/WEMA.We 🏃‍♂️ 🏃‍♀️ 🏃‍♂️ 🏃‍♀️ 🏃‍♂️ 🏃‍♀️ 🏃‍♂️ up/ down to collected number, queue fighting, dragged. Old people that should be sleeping at 🏡 ed the turf.

Because they see him as Igbo man

Emefiele na the Nigerian version of Pablo Escobar......a gentle good looking criminal

How much per one unit??

Ahhhh. This is too bad

kettykin:
If APC loses power, Emefiele will rise—appeal, and snatch back every naira they looted from him under the guise of prosecution. This is not justice; it’s the resurrection of the “abandoned property” madness, a political witch-hunt cloaked in legal nonsense. His only so-called crime? Changing the currency to choke vote buyers. That alone made him a marked man. Meanwhile, the real vultures in the NNPC—those blood-sucking, oil-thieving warlords—are shielded by power, untouched by EFCC, and drunk on stolen billions while the country rots.

The buildings should be returned?