Connect with us

News

BREAKING: Reps List Potential Beneficiaries of Emefiele’s Forfeited Abuja Estate

The House of Representatives has urged the Federal Government to allocate the forfeited Abuja estate linked to former CBN Governor Godwin Emefiele…

Published

on

Emefiele estate 696x348 1
Emefiele and Forfeited Abuja Estate
  • The House of Representatives has urged the Federal Government to allocate the forfeited Abuja estate linked to former CBN Governor Godwin Emefiele to low-income earners, IDPs, and vulnerable groups, insisting on transparency in the allocation process.

The House of Representatives has urged the Federal Government to allocate the Abuja estate forfeited by former Central Bank of Nigeria (CBN) Governor Godwin Emefiele to low- and middle-income earners, internally displaced persons (IDPs), and other vulnerable groups.

This followed the adoption of a motion by Hon. Jafaru Gambo Leko, titled “Need for Transparent and Equitable Allocation of Forfeited Abuja Estate handed over to the Ministry of Housing by the Economic and Financial Crimes Commission (EFCC).”

banner7

According to Leko, the estate — consisting of 753 duplexes and apartments located at Plot 109, Cadastral Zone C09, Lokogoma District, Abuja — was recently handed over by the EFCC to the Federal Ministry of Housing and Urban Development following a final forfeiture order granted by the Federal High Court.

RECOMMENDED FOR YOU  'No Police Officer Has the Right to Search Your Phone' — FCT Police Commissioner Warns Nigerians

The lawmaker said the property, covering over 150,000 square metres, was allegedly acquired with proceeds of unlawful activities linked to Emefiele, describing its recovery as a “significant milestone in Nigeria’s anti-corruption efforts.”

RECOMMENDED FOR YOU  President Tinubu Meets King Charles Of United Kingdom Ahead Of COP28 Climate Action Summit

DON’T MISS: Tinubu Confirms Wale Edun’s Illness, Gives Fresh Order

He warned that without a transparent and accountable allocation process, the estate could end up in the hands of “privileged elites,” undermining the goal of asset recovery and denying ordinary Nigerians access to affordable housing.

Advertisement

The House, after debate, resolved to urge the Ministry of Housing to publish a transparent and inclusive allocation framework, prioritising low-income citizens, IDPs, and vulnerable groups.

RECOMMENDED FOR YOU  FG Reduces N6.5bn Fraud Charge Against Emefiele, Strike Stalls Arraignment

It also directed the ministry to submit a comprehensive report within 60 days, detailing allocation criteria and the proposed use of the property.

VN62

The Committee on Housing and Habitat was mandated to liaise with the ministry to ensure equity, fairness, and transparency in the process.

Leko emphasised: “Transparency in asset management is vital to building public trust. Nigerians must see the benefits of recovered assets directly improving lives.”

Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

c93680b0 a99c 11f0 928c 71dbb8619e94 c93680b0 a99c 11f0 928c 71dbb8619e94
Sports27 minutes ago

FIFA Reveals How Six African Teams Can Qualify for 2027 Women’s World Cup

FIFA has confirmed that the 2026 Women's Africa Cup of Nations (WAFCON) will determine Africa's representatives at the 2027 FIFA...

Pastor Ibiyeomie Pastor Ibiyeomie
News41 minutes ago

‘Stop Bus Preaching Ban or Face Chaos’ — Pastor Ibiyeomie Warns FG, Says Christians Will ‘Rise Up and Take It by Force’

Founder of Salvation Ministries, Pastor David Ibiyeomie, has warned the Federal Government against restricting Christian preaching in public buses...

Kogi State Polytechnic 1785081943 Kogi State Polytechnic 1785081943
Education49 minutes ago

Kogi Polytechnic Suspends 7 Lecturers Over Sex-for-Marks

Kogi State Polytechnic has suspended seven lecturers, including one accused of sexual harassment, as the institution launches investigations into allegations...

yamal girlfriend yamal girlfriend
Entertainment2 hours ago

‘I’m Human Too’ — Lamine Yamal’s Girlfriend Speaks Out After Viral Relationship Controversy

Lamine Yamal's girlfriend, Ines Garcia, has spoken out after facing intense criticism on social media over allegations surrounding her past...

a12bed83 76c1 43c4 ba56 f633515a19cb a12bed83 76c1 43c4 ba56 f633515a19cb
Entertainment2 hours ago

Helen Paul Reveals She Voiced P-Square’s Iconic ‘Story’ Intro But Was Never Paid

Nigerian comedian and actress Helen Paul has revealed that she was the voice behind the unforgettable opening line of P-Square's...

hod hod
Education2 hours ago

VIDEO: Husband Beats Up University HOD for Allegedly Demanding Sexual Favour to Approve Wife’s Project

A viral video showing a man confronting and assaulting a university lecturer has sparked widespread reactions online amid claims that...

435ca782 2c5a 4924 8b83 7930afc86a29 435ca782 2c5a 4924 8b83 7930afc86a29
Entertainment3 hours ago

US Pastor Convicted of Stealing $340,000 From Churches to Fund Gambling, Lavish Lifestyle

A US pastor has been convicted of stealing $340,000 from two churches in Louisiana and using the money to fund...

Tinubu Buhari 1782931313 Tinubu Buhari 1782931313
Politics4 hours ago

BREAKING: Tinubu Built APC, Bankrolled Buhari’s 2015 Campaign — Babachir Lawal Reveals

Former Secretary to the Government of the Federation, Babachir Lawal, has claimed that President Bola Tinubu was instrumental in the...

shakira burna shakira burna
Sports8 hours ago

‘Why I Chose Burna Boy for 2026 FIFA World Cup Anthem’ — Shakira Reveals

Global music icon Shakira has opened up on why she selected Nigerian Afrobeats superstar Burna Boy for the official 2026...

A former Secretary to the Government of the Federation Babachir Lawal 1783420826 1 A former Secretary to the Government of the Federation Babachir Lawal 1783420826 1
Politics8 hours ago

Why Buhari Didn’t Back Tinubu at 2023 APC Primary — Babachir Lawal

Former Secretary to the Government of the Federation, Babachir Lawal, has revealed why late President Muhammadu Buhari refused to publicly...

Advertisement