₦airaland Forum

And let the corruption begin...bunch of crooks lets see how transparent they will be.. country is a joke.

VDM don light 🔥put for their a$$es.

The truth is that Emefiele couldn't have singlehandedly embark on that projects for his benefit only without the knowing of powerful individuals in the Buhari's administration, not in Abuja.

I expect to see the team headed by Peter Obi or Sowore

If Emefiele has resigned before Tinubu inauguration, he may have a escaped the scrutiny and get away with it.

I'm afraid to calculate the cost of the whole duplexes if ONE IS being sold for N250 MILLION in such location.

I really don't know how he can manage 753 Duplexes without any government intervention.

This is absolute corrupt absolutely !!!

mrvitalis:
You need a committee to sale less than 800 duplex?

Those house are in Lokogoma

Put them at 70 million that's the market value so that those who buy can't resale for major profit

nice idea, but whosoever achieve the purchase can do whatever he/she likes so far as no be drug or boko boys he dey resell am to.. The End justify the Mean o

GboyegaD:
Why do our politicians like to waste our scarce resources this much?

there is nothing like patriotism in that country.. Country when love nor dey,Dat one na country?

The committee members will
Loot half of it for themselves

All committee members are Yoruba. Interesting

mrvitalis:
You need a committee to sale less than 800 duplex?

Those house are in Lokogoma

Put them at 70 million that's the market value so that those who buy can't resale for major profit

Committee that would award the houses to Tinubu loyalists at giveaway price.
It's just for the committee members to organize the relooting.

ogododo:
The Ministerial committee has Dr. Shuaib Belgore, the Permanent Secretary, as Chairman.

Other members include Mr. Funsho Alabi, Director, Office of the Permanent Secretary – Alternate Chairman; QS Temitope Pemi, Director, Public Building and Housing Development – Secretary; ESV Collins Alabi, Director, Lands and Housing Development – Member; Engr. Hikmat Toyin Aderibigbe, Director, Engineering Services – Member; and Margaret Ojewemimo Adejobi, Director, Urban and Regional Planning – Member, among others.
https://www.vanguardngr.com/2025/05/fg-inaugurates-12-man-committee-on-753-houses-recovered-from-emefiele/

I like as this Committee is packed full of Ndi Yoruba, make Obidients kpai ontop.

On the appointments, Yoruba lokan 😆😂🤣. Carry on for the next 6 years G.W.



.

Validated:
Other members include Mr. Funsho Alabi, Director, Office of the Permanent Secretary – Alternate Chairman; QS Temitope Pemi, Director, Public Building and Housing Development – Secretary; ESV Collins Alabi, Director, Lands and Housing Development – Member; Engr. Hikmat Toyin Aderibigbe, Director, Engineering Services – Member; and Margaret Ojewemimo Adejobi, Director, Urban and Regional Planning – Member, among others.

... and so and so forth in ONE NIGERIA

Ronu'ss

One sided committee

mrvitalis:
You need a committee to sale less than 800 duplex?

Those house are in Lokogoma

Put them at 70 million that's the market value so that those who buy can't resale for major profit

GHETTO loading

mrvitalis:
You need a committee to sale less than 800 duplex?

Those house are in Lokogoma

Put them at 70 million that's the market value so that those who buy can't resale for major profit

What Manners Of English Grammar is This?

Wow, God don do am for these 12 committee members

How will I get mine

Validated:
Other members include Mr. Funsho Alabi, Director, Office of the Permanent Secretary – Alternate Chairman; QS Temitope Pemi, Director, Public Building and Housing Development – Secretary; ESV Collins Alabi, Director, Lands and Housing Development – Member; Engr. Hikmat Toyin Aderibigbe, Director, Engineering Services – Member; and Margaret Ojewemimo Adejobi, Director, Urban and Regional Planning – Member, among others.

... and so and so forth in ONE NIGERIA

What's your point, are they not Nigerians

after all of this, if EFCC no fit put am for jail, then the country na free for all

Must everything be about Yoruba? What kind of insensitivity is this?

Aboki99:
See the names. Everything this govt does is Yoruba-centric

Cry more

IPDGP:
Cry more

You will say this when the table turns. You won’t rule forever

O ti lor, this mata will be in committee after committee for the next 8 years, after that you will not hear anything. Before you know it, the estate has been occupied by some unknown persons

I wish the committee the very best of luck.

Media trial. Saraki will be mocking them right now. Emefiele will collect them all back. No be naija?

I know the govt intends to give the houses to low and middle income earners as part of its social housing initiative and at first i thought it was a good idea until i read some opinions on Punch newspapers which makes serious sense. I HOPE THE GOVT LISTENS TO THIS ADVICE. The link is below.

An excerpt

A former President, Association of Town Planning Consultants of Nigeria, Mr Moses Ogunleye, doubted the possibility of low-income earners benefitting from the houses.

He said, “If those properties have four bedrooms, I don’t think they can be for low-income earners. Is the Federal Government going to finish those structures before it sell them? If they are going to do so, low-income earners will not be able to afford them. If they want to give them to low-income earners as they are, the buyers are going to be spending a lot of money.

“Maybe what they can do, in addition to the structural integrity test, is a cost analysis. I am not sure the roads have been done, or if water supply and electricity have been provided. What will make the estate habitable? Considering the value of land in that place, we can have an affordable housing development in that location, but it is not going to be a public support housing project. The total cost of completing it is going to be too expensive for low-income earners. I would say maybe middle-income earners may be able to afford it, but no real low-income earner would be able to.”

The President, Fajiri Construction Limited, Stephen Eke, said the government’s plan though noble, was largely impractical.

He said, “This is given the high-end materials and premium construction standards typically associated with such properties. These estates are usually designed for luxury and exclusivity, making them structurally and financially incompatible with the affordability thresholds required for social or middle-income housing. Attempting to convert them for such purposes would either undermine their value or result in minimal cost reductions, defeating the goal of accessibility for the target demographic.

“A more pragmatic approach would be to sell the estate at market value and channel the proceeds into a dedicated social housing fund. This strategy ensures that the high value of the seized property is fully realized and redistributed in a way that has a far greater impact. With the funds, government or development agencies can construct multiple units of affordable housing specifically designed for low and middle-income earners, using cost-efficient materials and designs suited to their needs. This model promotes equity, sustainability, and scale in addressing Nigeria’s housing deficit.

“The fund from the sale of Emefiele’s seized estate should be managed by a consortium of developers experienced in mass housing projects. This approach ensures that the resources are efficiently directed toward building affordable, large-scale housing designed specifically for low- and middle-income earners.”

Also, a former President, Nigerian Institute of Building and Pioneer National President, Building Collapse Prevention Guild, Mr Kunle Awobodu, said the valuation of the property needed to be done.

“Then, they will know whether it will be discounted or not. The government is getting the building almost free of charge, so it means that it is going to be subsidised because of the value of the land and the cost of materials presently.

“It was constructed not too long ago. The government should offer it at a subsidised rate. It should be gradual, like a mortgage. They should go and do a valuation of the buildings and internal calculations before they come out with the necessary prices.”

In the same vein, the Chief Executive Officer of Magnificent Choice Services Project and Engineering Ltd, Jeremiah Akinsele, said the seized estate should be sold strictly at its current market value, determined through a thorough evaluation by professional estate valuers whose reports set the price objectively.

He said, “Attempting to sell such high-value properties at discounted rates to low- and middle-income earners is unrealistic and prone to abuse, as it often leads to resale by wealthy individuals or politicians, undermining the original intent. Moreover, low-income earners simply do not have the financial capacity to purchase or maintain such expensive properties, considering the minimum wage in Nigeria is around N70,000, it is practically impossible for them to afford a plot of land or upkeep a luxurious estate in places like Abuja.

“Selling these estates at market rates ensures transparency and fairness while preventing distortions in the housing market. It also avoids burdening buyers with unsustainable management and maintenance costs that typically accompany high-end properties, costs that low-income earners are ill-equipped to handle. The proceeds from these sales can then be wisely reinvested into building affordable housing tailored specifically for low- and middle-income groups, where costs and designs align with their real financial realities.”

Corroborating this, the Chief Executive Officer of Ace Hi-Tech Construction Co. Ltd., Adewunmi Okupe, said the existing buildings were not affordable for low- and middle-income earners in their current form.

He noted, “Putting the estate up for sale is a good idea, but the existing buildings are simply not affordable for low- and middle-income earners in their current form. To make the estate accessible to this income bracket, there is a need to remodel the properties into smaller, more affordable units. Each large unit on the estate could be subdivided into four or more smaller apartments, significantly increasing the number of affordable homes available.

“This remodeling approach would help bridge the gap between the current luxury design and the financial realities of low- and middle-income buyers. By creating multiple smaller units from each existing building, the estate can better serve the housing needs of a broader population while making efficient use of the available space. This strategy offers a practical pathway to expanding affordable housing without the need for entirely new developments.”

The spokesperson for the Nigerian Institute of Building, Godfrey Godfrey, said the proposed duplex structures were far beyond what the average Nigerian worker could afford.

“We are talking about a duplex in Africa. So, honestly, it is not within the reach of a low-income earner in Nigeria. Even a middle-income earner will not be able to afford this, considering the current economic situation,” he stated.

Godfrey expressed concern that the properties might ultimately be acquired by the political elite through the back door.

“Those in government may end up finding a way to acquire them for themselves. The intended low- or even middle-income earners may never get hold of them because we know political patronage is what thrives in this part of the world,” he added.

To address the concern, Godfrey suggested that the process of allocating the houses should be transparent and inclusive.

Similarly, the General Secretary of the Nigerian Institute of Quantity Surveyors, Azeez Ayodabo, said the pricing of the duplexes renders them inaccessible to their target audience.

“Looking at the cost of those buildings, they may not be less than N100m to N200m per unit at the moment,” he said, adding that such pricing is well beyond the reach of most Nigerians, especially those earning the new minimum wage of N70,000 per month.

“For those working in the private sector, it’s even worse. Affordability is the first issue the government must consider,” Ayodabo noted.

He further proposed that the government explore a structural redesign of the project to make it more inclusive.

“You have duplexes, but what does a low-income earner want to do living there and maintaining it? One duplex can be remodelled into about four flats. That way, low-income earners can afford it and also be able to maintain it,” he advised.


https://punchng.com/emefieles-753-duplexes-fg-to-sell-houses-to-low-middle-income-nigerians/

ogododo:
https://www.vanguardngr.com/2025/05/fg-inaugurates-12-man-committee-on-753-houses-recovered-from-emefiele/

This is a good move never mind that all the committee members are from one tribe, Emefilele tried though as a nationalist criminal he invested the money at home unlike others who dumped their loots in the foreign banks.resell the houses to Nigerians who own the looted money

Atikulation Abubakar, Peter Obingo, shey una no go comment? Come and praise your Lord Godwin Emefielelele nah