Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, and the chairman of the Economic and Financial Crime Commission (EFCC), Olanipekun Olukoyede, led a joint inspection of the 753-unit housing estate recovered from former Central Bank Governor (CBN), Godwin Emefiele, as the federal government prepares for a full technical evaluation and eventual completion of the project.
The estate, located in Abuja, was recently handed over to the Ministry by the EFCC on the directive of President Bola Ahmed Tinubu.
Speaking during the site visit, Dangiwa said the ministry would immediately begin structural integrity tests on all buildings and infrastructure to assess their readiness for safe habitation.
He noted that the estate represents a major asset recovery milestone and will be repurposed to serve the public under the Renewed Hope Agenda.
“This is not just about taking over a property, it’s about putting it to work for Nigerians. We’re focused on making this estate habitable and useful as soon as possible,” he said.
The minister added that following the technical assessment, the Ministry will proceed with necessary infrastructure work, including perimeter fencing, roads, drainage, and other essential amenities.
EFCC chairman Olukoyede said the inspection was meant to demonstrate the transparency of the recovery process.
“This is a clear message that looted assets will not just be recovered, they will be used to benefit the people,” he said.
He explained that the visit marks a significant phase in the transformation of the recovered property into a national asset aligned with President Tinubu’s housing and anti-corruption priorities.
