EFCC Transfers 753 Forfeited Housing Units to Housing Ministry
In a significant move towards transparency and accountability, the Economic and Financial Crimes Commission (EFCC) has officially handed over 753 recovered housing units to the Ministry of Housing and Urban Development. The event took place on Tuesday, May 20, 2025, at the Ministry’s headquarters in Mabushi, Abuja.
The properties, located at Plot 109, Cadastral Zone C09, Lokogoma District, Abuja, span a total area of 150,500 square metres and include a mix of duplexes and apartments. These assets were forfeited to the federal government following a final court ruling issued by Justice Jude Onwuegbuzie of the FCT High Court on December 2, 2024.
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EFCC Chairman, Mr. Ola Olukoyede, while presenting the assets, emphasized the agency’s commitment to transparent asset recovery and redistribution. He noted that recovered assets must be visibly returned to public use to prevent them from being misappropriated again.
“Our goal is to ensure that stolen resources do not return to the hands of corrupt individuals. The fight against corruption must yield tangible results, and one critical way to achieve that is by ensuring looted assets are not only recovered but repurposed for the benefit of all Nigerians,” Olukoyede said.
He also lauded President Bola Ahmed Tinubu for his firm stance against corruption, noting that the handover marked a strong signal of the administration’s resolve to clamp down on economic and financial crimes.
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Receiving the estate on behalf of the Ministry, Minister of Housing and Urban Development, Ahmed Dangiwa, commended the EFCC for its relentless efforts in recovering public assets. He described the development as a “milestone achievement” in national anti-corruption efforts.
“This transfer marks a major step forward in ensuring recovered assets are channelled towards initiatives that improve the lives of ordinary Nigerians. We intend to work closely with the EFCC to assess the estate and ensure it is put to productive use,” Dangiwa said.
He added that a joint inspection of the estate will soon be conducted to assess its current state and identify any necessary improvements.