EFCC Transfers Recovered 753-Unit Abuja Estate to Ministry of Housing
The Economic and Financial Crimes Commission (EFCC) has officially handed over a recovered estate comprising 753 housing units in Abuja to the Federal Ministry of Housing and Urban Development.
The estate, reclaimed as part of the EFCC’s ongoing efforts to recover proceeds of corruption, is set to be repurposed by the government to address the country’s growing housing needs.
During the handover ceremony, EFCC officials emphasized the Commission's commitment to ensuring that assets seized from illicit activities are redirected to benefit the public. The Minister of Housing commended the EFCC’s efforts, stating that the estate will be integrated into the government’s affordable housing initiatives.
This transfer marks a significant step in converting recovered assets into tangible public benefits, particularly in tackling Nigeria’s housing deficit.