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Ordinary Nigerians to Benefit from Emefiel’s Seized 753 Housing Units- Ministry of Housing

The Journal Nigeria May 24, 2025

Ordinary Nigerians to Benefit from Emefiel’s Seized 753 Housing Units- Ministry of Housing

Raphael Johnson

The Ministry of Housing has confirmed the Federal Government’s plans to consider low and middle-income Nigerians who can afford to buy the housing units in the sprawling estate linked to a former Governor of the Central Bank of Nigeria, Godwin Emefiele.

The massive property, comprising 753 housing units, was recovered by the Economic and Financial Crimes Commission in December 2024.

According to the EFCC, it is the largest single asset recovery since the agency’s inception in 2003. It covers over 150,000 square metres and includes duplexes and other apartment types.

The estate was recovered following a final forfeiture order issued on December 2, 2024, by Justice Jude Onwuegbuzie of the Federal Capital Territory High Court in Abuja.

The EFCC Chairman, Ola Olukoyede, on Tuesday, May 20, 2025, officially handed over the 753 housing units to the Minister of Housing and Urban Development, Ahmed Dangiwa.

Director of Press and Public Relations at the Ministry of Housing, Badamasi Haiba, in an interview with Saturday Punch, said the government, in line with President Bola Tinubu’s Renewed Hope Agenda, would ensure that ordinary Nigerians benefitted.

He noted that the estate was still under construction, and the ministry would first conduct structural and integrity assessments before deciding on the modalities of sale and allocation.

“Next would be to profile the houses and decide how they will be sold to Nigerians. However, the intention of the minister has always been homeownership for all categories of Nigerians, including low and middle-income earners – so we should expect to see such intentions play out here, all-inclusive,” Haiba added.

On the mode of selling, he said the ministry’s portal would be used, promising that the payment options would be flexible.

Tags: Emelefe housing estate

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