The Federal Government has announced plans to sell 753 housing units forfeited by former Central Bank of Nigeria Governor Godwin Emefiele.

The estate, located in the Cadastral Zone of Abuja, was formally handed over to the Ministry of Housing and Urban Development on Tuesday by the Economic and Financial Crimes Commission (EFCC).

The housing units, which include duplexes and apartments, were seized by the EFCC as part of an ongoing investigation into Emefiele.

A Federal Capital Territory High Court in Apo, Abuja, had earlier dismissed Emefiele’s application to reclaim the estate after granting both interim and final forfeiture orders in December 2024.

During the handover ceremony, EFCC Chairman Olanipekun Olukoyede said the event signified a practical outcome of Nigeria’s anti-corruption efforts.

“This handover is a demonstration of the impact of the fight against financial crimes and corruption,” he said.

Minister of Housing and Urban Development Ahmed Musa Dangiwa stated that the estate will be made available to the public through a competitive and transparent sale process.

“Today, I had the honour of hosting the hardworking Chairman of the EFCC, Mr. Olanipekun Olukoyede, as he officially handed over 753 duplexes and other apartments—located in the Cadastral Zone of the Federal Capital Territory—seized from the former Governor of the Central Bank of Nigeria, to the Federal Ministry of Housing and Urban Development,” Dangiwa said.

He explained that the initiative aligns with President Bola Ahmed Tinubu’s directive that the recovered estate be completed and offered to the public in an open and accountable manner.

Dangiwa said the Ministry will conduct a structural and integrity assessment of the buildings and related infrastructure to ensure safety. He added that all outstanding infrastructure, such as roads and drainage systems, will be completed to make the estate livable.

“Additionally, a standardized housing design framework will be developed to ensure architectural uniformity and provide guidance to prospective allottees,” he noted.

The minister confirmed that the housing units will be sold through the Renewed Hope Portal.

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

“Together with the EFCC, we will work to show that the fight against corruption can deliver real benefits—turning looted assets into livable homes for Nigerians.”