{"id":118961,"date":"2025-05-20T20:14:22","date_gmt":"2025-05-20T19:14:22","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=118961"},"modified":"2025-05-20T20:14:22","modified_gmt":"2025-05-20T19:14:22","slug":"emefiele-efcc-hands-over-recovered-abuja-estate-to-housing-ministry","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/emefiele-efcc-hands-over-recovered-abuja-estate-to-housing-ministry\/","title":{"rendered":"Emefiele: EFCC Hands Over Recovered Abuja Estate to Housing Ministry"},"content":{"rendered":"<div>Daniel Adaji<\/div>\n<div><\/div>\n<div>The Economic and Financial Crimes Commission (EFCC) has formally handed over a 753-unit housing estate in Abuja, recovered from the embattled former Central Bank Governor, Godwin Emefiele\u2014to the Federal Ministry of Housing and Urban Development.<\/div>\n<div><\/div>\n<div>The handover ceremony took place at the Ministry\u2019s headquarters in Mabushi on Tuesday. EFCC Chairman, Olanipekun Olukoyede, presented the documents to the Minister of Housing and Urban Development, Ahmed Dangiwa.<\/div>\n<div><\/div>\n<div>Speaking at the event, Mr. Olukoyede said the estate was forfeited following an investigation into its ownership, which concluded that \u201cno one could have owned it legitimately.\u201d<\/div>\n<div><\/div>\n<div>\u201cIt is important for us to demonstrate to Nigerians that whatever proceed of crime that we had 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,\u201d he said.<\/div>\n<div><\/div>\n<div>He added that the EFCC would continue to monitor the completion of the project and receive periodic updates from the Ministry to ensure accountability.<\/div>\n<div><\/div>\n<div>The estate, located at Plot 109, Cadastral Zone C09, Lokogoma District, Abuja, sits on a parcel of land measuring over 150,000 square meters and contains hundreds of apartments.<\/div>\n<div><\/div>\n<div>Receiving the documents, Minister Dangiwa commended the EFCC\u2019s leadership for its commitment to asset recovery and transparency.<\/div>\n<div><\/div>\n<div>He described the handover as \u201ca significant milestone in our collective determination to ensure that recovered assets are put to productive use in ways that directly benefit the Nigerian people.\u201d<\/div>\n<div><\/div>\n<div>Dangiwa announced that the Ministry would begin a joint inspection with the EFCC to assess the estate\u2019s condition.<\/div>\n<div><\/div>\n<div>\u201cWe intend to carry out thorough integrity and structural assessments on all buildings and associated infrastructure to confirm their safety and suitability for habitation,\u201d he said.<\/div>\n<div><\/div>\n<div>He also revealed plans to complete outstanding infrastructure, including perimeter fencing, internal roads, drainage systems, a police post, shopping areas, recreational centers, and other basic amenities.<\/div>\n<div><\/div>\n<div>\u201cThe Ministry will offer the units for sale both to the public and for special government needs. For the public sale component, we will adopt a transparent and competitive process. This will include nationwide advertisement and the use of the Renewed Hope Portal where interested Nigerians can submit their Expressions of Interest,\u201d he stated.<\/div>\n<div><\/div>\n<div>Dangiwa pledged to ensure the process remains transparent, saying, \u201cWe are committed to making this a model of accountability and public benefit, and we look forward to working closely with the Commission to bring this effort to a successful conclusion.\u201d<\/div>\n<div><\/div>\n<div>Olukoyede, in his remarks, expressed appreciation to President Bola Tinubu for creating an enabling environment for the fight against corruption and to the judiciary for supporting efforts to bring economic offenders to justice.<\/div>\n<div class=\"yj6qo\"><\/div>\n<div class=\"adL\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Daniel Adaji The Economic and Financial Crimes Commission (EFCC) has formally handed over a 753-unit housing estate in Abuja, recovered from the embattled former Central Bank Governor, Godwin Emefiele\u2014to the&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":118962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-118961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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