The Federal Government has announced plans to sell 753 housing units recovered from former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.

The development was confirmed on Tuesday in a statement by the Director of Press and Public Relations at the Ministry of Housing and Urban Development, Salisu Haiba, on Tuesday evening.

According to the statement, the Economic and Financial Crimes Commission (EFCC) handed over the estate containing the mansions to the Minister of Housing and Urban Development, Ahmed Dangiwa.

“The Ministry of Housing and Urban Development has taken delivery of the 753 housing units in Abuja housing estate of former Central Bank Governor, Godwin Emefiele, recovered by the Economic and Financial Crimes Commission,” the ministry stated in its statement.

The Minister added that the housing units would be made available for both public sale and special government needs.

They are located on a 150,462.86 square metre at Plot 109, Cadastral Zone C09, Lokogoma District, Abuja.

The EFCC Chairman, Olanipekun Olukoyede, said President Bola Tinubu ordered the transfer of the mansions as part of a broader effort to ensure recovered assets are used productively.

He emphasised the importance of transparency and accountability in the management of forfeited properties.

Olukoyede also pledged that the EFCC would monitor the completion of the project and provide regular updates to the Presidency.