By Aminu Adamu
Abuja, Nigeria
The Economic and Financial Crimes Commission (EFCC) has officially handed over 753 recovered housing units located in the Lokogoma district of Abuja to the Ministry of Housing and Urban Development.
The properties, which span a total area of 150,500 square meters and comprise a mix of duplexes and apartments, were forfeited to the Federal Government through a court order. The assets were recovered as part of the EFCC’s ongoing efforts to tackle economic and financial crimes in the country.
Speaking during the handover ceremony, the Executive Chairman of the EFCC, Ola Olukoyede, emphasized the Commission’s dedication to transparent and accountable asset recovery. He stated that the transfer of these assets was in line with the EFCC’s mandate to ensure that ill-gotten wealth is redirected for public use.
“This handover underscores our commitment to transparency and ensuring that recovered assets serve the interests of Nigerians,” Olukoyede said.
Receiving the property on behalf of the government, Minister of Housing and Urban Development, Ahmed Dangiwa, described the event as a significant milestone in the utilization of recovered public assets.
“We see this as a historic moment in the fight against corruption, where what was once stolen from the people is now being returned to them in a tangible form,” Dangiwa said. “These housing units will go a long way in supporting our national housing agenda and providing decent shelter for Nigerians.”
The handover has been hailed by stakeholders as a demonstration of inter-agency collaboration and a renewed commitment to justice, accountability, and sustainable development.
The EFCC’s asset recovery initiatives have been a cornerstone of Nigeria’s broader anti-corruption campaign, which aims to restore public trust and ensure that looted assets contribute meaningfully to national development.
