…set for public sale via Renewed Hope portal
The Federal Government says it is putting a 753-unit housing estate recovered from former Central Bank Governor, Godwin Emefiele, up for sale.
The estate, located in Abuja, was officially handed over to the Ministry of Housing and Urban Development by the Economic and Financial Crimes Commission (EFCC), which recovered it as part of ongoing investigations into Emefiele’s corruption-related offences.
In a statement issued Tuesday and signed by Salisu Haiba, the Ministry’s Director of Press and Public Relations, the government said it is taking steps to ensure the property does not just sit idle.
“The Ministry of Housing and Urban Development has taken delivery of the 753 housing units in Abuja, recovered from the former Central Bank governor, Godwin Emefiele, by the EFCC,” the statement read.
Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, praised the EFCC’s work and said the handover is a big win in the fight against corruption.
“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,” he said.
He explained that the Ministry will soon inspect the estate in partnership with the EFCC to check the safety and quality of the buildings before putting them up for sale.
“We intend to carry out thorough integrity and structural assessments on all buildings and associated infrastructure to confirm their safety and suitability for habitation,” Dangiwa added.
As for how the houses will be sold, Dangiwa assured Nigerians it will be done openly.
“For the public sale component, we will adopt a transparent and competitive process. This will include a nationwide advertisement and the use of the Renewed Hope Portal where interested Nigerians can submit their Expressions of Interest,” he said.
EFCC Chairman, Olanipekun Olukoyede, who handed over the estate, stressed the importance of making sure recovered assets are used to benefit the public.
“It is important for us to demonstrate to Nigerians that whatever proceeds of crime we recover will be applied transparently and in a manner that benefits the public,” Olukoyede said. “We will not allow looted assets to be looted again.”
Godwin Emefiele is currently facing trial on multiple counts of financial crimes. The housing estate is among several assets linked to him that are under investigation and have been forfeited.
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