The Federal Capital Territory (FCT) High Court in Abuja has dismissed an application by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, seeking to reclaim a massive estate comprising 753 duplexes located in the Lokogoma District of Abuja

Justice Jude Onwuegbuzie ruled in favor of the Economic and Financial Crimes Commission (EFCC), affirming that the property was acquired through the proceeds of unlawful activities. The estate, sitting on Plot 109, Cadastral Zone C09, is said to span over 150,000 square meters and has now been permanently forfeited to the federal government.
According to court filings, Emefiele allegedly used three companies—Ice Frozen Food & Ventures, Kelvito Integrated Service, and Ifeadigo Integrated Services—to make payments totaling ₦2.2 billion for the construction of the estate. The EFCC claimed these funds were obtained through fraudulent schemes during Emefiele’s tenure as CBN governor.
The agency secured the forfeiture under the provisions of the Advance Fee Fraud and Other Related Offences Act, 2006, and the 1999 Constitution, arguing that assets acquired through criminal conduct must be seized in the interest of justice.
Human rights lawyer Pelumi Olajengbesi has since urged the federal government to allocate the forfeited duplexes to homeless doctors and civil servants, rather than auctioning them off to private buyers.
Emefiele is currently facing multiple corruption charges, including those linked to the controversial naira redesign policy, with ongoing proceedings at the FCT High Court in Maitama.
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Its the audacity
The real one
753 duplexes. This big thief, we want to know his salary since he joined CBN
There is money in this country , yet alot of people in nigeria are still suffering just because of those heartless leaders ,just imagine one person with this huge properties,the wickedness is just too much,2027 am not voting for any nigeria politicial no need.