EFCC’s Landmark Recovery of 753 Housing Units in Abuja Earns Ministerial Praise

posted 22nd May 2025

EFCC’s Landmark Recovery of 753 Housing Units in Abuja Earns Ministerial Praise
In a significant milestone for Nigeria’s anti-corruption efforts, the Economic and Financial Crimes Commission (EFCC) has been lauded by the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, for its unprecedented recovery and handover of 753 housing units in Abuja. The commendation came during an inspection of the expansive property on Wednesday, 21 May 2025, marking a historic achievement in asset recovery under the leadership of EFCC Chairman, Mr. Ola Olukoyede.
The recovered estate, located at Plot 109, Cadastral Zone C09, Lokogoma District, spans 150,500 square metres and comprises 753 housing units, including duplexes and apartments. The recovery was formalised following a final forfeiture order granted by Justice Jude Onwuegbuzie of the Federal Capital Territory High Court on 2 December 2024. During the inspection, Minister Dangiwa described the feat as “the biggest recovery of its kind in the history of this country,” achieved within just a year of Olukoyede’s appointment.
“I must commend the stewardship of the EFCC Chairman for this outstanding recovery,” Dangiwa said. “This is a testament to his dedication and the goodwill of President Bola Ahmed Tinubu, who has empowered him to deliver results. Nigerians should have confidence in the EFCC’s capable leadership as we work towards a corruption-free nation.”
The minister urged the public to support the EFCC’s mission, noting that ongoing recoveries signal more positive outcomes for Nigerians. He highlighted the potential for the estate to provide affordable housing opportunities, aligning with the government’s economic development goals.
In his remarks, Olukoyede underscored the EFCC’s commitment to transparency in managing recovered assets. “This inspection follows the handover of the estate to the Federal Government through the Ministry of Housing,” he said. “We’ve walked for over an hour and still haven’t covered the entire property, which shows the scale of this recovery.”
Olukoyede noted that the initial count of 753 units, based on architectural drawings, could increase after remodelling and valuation. He emphasised that the estate now belongs to the Federal Government and will be utilised effectively, potentially offering affordable housing through a transparent process. “This recovery reflects President Tinubu’s Renewed Hope Agenda, using anti-corruption tools to stimulate economic growth,” he added.
The EFCC boss reaffirmed the agency’s resolve to tackle economic and financial crimes impartially, promising continued efforts to deliver tangible results for Nigerians.