The Federal Government has concluded plans to sell a sprawling estate linked to a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to low and middle-income Nigerians.According to court documents filed by the Economic and Financial Crimes Commission (EFCC) and obtained by Punch, the massive property comprises 753 housing units and was recovered by the Economic and Financial Crimes Commission in December 2024.
According to the EFCC, it is the largest single asset recovery since the agency’s inception in 2003. It covers over 150,000 square metres and includes duplexes and other apartment types.The estate was recovered following a final forfeiture order issued on December 2, 2024, by Justice Jude Onwuegbuzie of the Federal Capital Territory High Court in Abuja.