Nigeria’s Anti-Corruption Win: FG Launches Sale of 753-Unit Estate Recovered from Emefiele
FG Unveils Sale of Recovered 753-Unit Estate: A Triumph for Transparency In a landmark move underscoring Nigeria’s commitment to accountability, the Federal Government has officially opened the sale of a sprawling 753-unit housing estate in Abuja, formerly linked to ex-Central Bank Governor Godwin Emefiele. Recovered by the Economic and Financial Crimes Commission (EFCC), the estate’s handover marks a pivotal step in repurposing seized assets for public benefit. Key Highlights of the Estate Sale Location: Lokogoma District, Abuja, spanning 150,462.86 square meters. Recovery: EFCC seized the estate after investigations revealed illegitimate ownership. Infrastructure Plans: Structural tests, fencing, roads, drainage, and recreational facilities to be added. Transparency Pledge: Units sold via competitive bidding on the Renewed Hope Housing Portal, with some reserved for government needs. A New Chapter in Anti-Corruption At the handover ceremony, EFCC Chairman Olanipekun Olukoyede declared: “This estate proves that proceeds of crime won’t be relooted. […]
