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Federal Government reveals category of Nigerians that can purchase Emefiele’s 753 houses

by Citynobs May 25, 2025, 12:19 am

Federal Government FG reveals category of Nigerians that can purchase Emefiele’s 753 houses

Following the seizure of a massive property of 753 from the former governor of the Central Bank of Nigeria, Godwin Emefiele, the Federal Government has announced plans to sell off the buildings. Badamasi Haiba, the spokesperson for the Ministry of Housing said the property would be sold in collaboration with President Bola Tinubu’s Renewed Hope Agenda.

According to Haiba, the houses in an estate will be sold to low and middle-income Nigerians. Speaking in an interview with Punch, Haiba said the FG is committed to ensuring that ordinary Nigerians benefit from the sale of the forfeited property. However, noting that the estate is still under construction, Haiba said his ministry would start by conducting an assessment of the property before the initiation of the sale.

He said, “Next would be to profile the houses and decide how they will be sold to Nigerians. “However, the intention of the minister has always been homeownership for all categories of Nigerians, including low and middle-income earners – so we should expect to see such intentions play out here, all-inclusive,” Haiba said.

He also assured the public that the FG would incorporate a flexible payment plan to ensure the houses are purchased by those who need them.

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