Finally, Tinubu's govt reveals what it will do with ex-CBN gov Emefiele’s 753 duplexes

• The Federal Government plans to merchantability a 753-unit property linked to ex-CBN Governor Godwin Emefiele to debased and middle-income Nigerians nether the Renewed Hope Agenda
• The estate, recovered by the EFCC successful December 2024, was handed implicit to the Ministry of Housing, which volition measure and merchantability units via a transparent online portal with flexible outgo options
• The estate, located successful Abuja’s Lokogoma area, is presently partially completed but neglected, with operation halted since July 2023 and the tract overrun by wildlife

FCT, Abuja - The Federal Government has announced plans to merchantability a sprawling property comprising 753 lodging units linked to erstwhile Central Bank Governor Godwin Emefiele to debased and middle-income Nigerians.

Estate recovered by EFCC aft forfeiture order

Tinubu's Govt Mentions What It'll Do With Emefiele’s 753 Duplexes: "For Low & Middle-Income Earners"
Source: Twitter

The spot was recovered by the Economic and Financial Crimes Commission (EFCC) successful December 2024, pursuing a last forfeiture bid from the Federal Capital Territory High Court successful Abuja.

Covering implicit 150,000 quadrate metres, the property includes duplexes and different flat types.

EFCC hands implicit property to Ministry of Housing

On May 20, 2025, EFCC Chairman Ola Olukoyede officially handed the property implicit to the Minister of Housing and Urban Development, Ahmed Dangiwa.

Badamasi Haiba, the ministry’s Director of Press and Public Relations, said the authorities would guarantee mean Nigerians payment from the property nether President Bola Tinubu’s Renewed Hope Agenda.

Government to measure and merchantability units with flexible outgo options

Haiba explained that the property was inactive nether operation and that the ministry would archetypal behaviour structural assessments earlier determining merchantability modalities.

“The volition of the curate has ever been homeownership for each categories of Nigerians, including debased and middle-income earners,” helium stated.

Sales volition beryllium conducted done the ministry’s web portal with flexible outgo options specified arsenic mortgage, instalment, and rent-to-own schemes.

The ministry’s portal, renewedhopehomes.fmhud.gov.ng, volition facilitate transparent sales.

“Any Nigerian tin beryllium astatine home, log onto the portal, browse units, prime a outgo plan, apply, and person an connection missive immediately,” Haiba said. The portal volition unfastened erstwhile operation is completed.

Estate tract presently neglected and overrun by wildlife

Tinubu's Govt Mentions What It'll Do With Emefiele’s 753 Duplexes: "For Low & Middle-Income Earners"
Source: Twitter

A tract sojourn revealed the property has fallen into disuse, with overgrown bushes and reptiles specified arsenic snakes inhabiting the area.

Security guards noted operation halted abruptly successful July 2023, soon aft Emefiele’s June apprehension by the Department of State Services.

Despite the intermission successful construction, 2 duplexes look completed, portion others are astatine assorted stages of development. The property is located successful the Lokogoma country of Abuja, surrounded by respective different high-value properties.

Reactions way EFCC's revelation of Emefiele's property

Legit.ng earlier reported that Emefiele came nether occurrence aft the EFCC linked the 753 duplexes and different apartments successful Abuja to him.

Titilope Anifowoshe, a ineligible practitioner, described the improvement arsenic disheartening, adding that it raised superior questions astir corruption successful Nigeria. Anifowoshe past called for a thorough probe of the revelation, caution and open-minded approach.

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Source: Legit.ng