Sources have revealed that Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), planned to develop a massive estate in Abuja comprising 774 duplexes, with each unit priced at ₦200 million. This information surfaced following investigations by the Economic and Financial Crimes Commission (EFCC).
Earlier reports by SaharaReporters indicated that EFCC operatives discovered a receipt linked to the roofing of the estate, which contains 753 duplexes, during a search of Emefiele’s residence in Lagos State.
On Monday, the Federal High Court ordered the final forfeiture of the estate to the Nigerian government. The estate, located in Abuja’s Federal Capital Territory, spans 150,500 square meters and comprises 753 duplexes and other apartments.
The EFCC, in a statement, described the estate as the single largest asset recovered since the commission’s establishment in 2003. However, the agency refrained from disclosing the original owner’s name in its official release.
Justice Jude Onwuegbuzie delivered the ruling, marking a significant development in the ongoing legal proceedings against Emefiele, who remains under investigation for alleged corruption and financial misconduct.
