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FG to establish forfeited assets database

by 21st Century Chronicle
February 10, 2021
in National news
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The Solicitor-General of the federation, Dayo Apata, SAN, says the federal government will establish a database of forfeited assets, through the Inter-Ministerial Committee on the Disposal of Federal Government Forfeited Assets.

Wilson Uwujaren, spokesperson of the Economic and Financial Crimes Commission (EFCC) who disclosed this in a statement said Apata said this during his visit to the EFCC headquarters in Abuja on Tuesday.

The statement said Apata who is the committee chairman, assured that it would ensure that the federal government gets value for all the forfeited assets soon to be disposed of.

The statement quoted Apata as saying that the committee which was inaugurated on November 9, 2020 by the Attorney- General of the Federation and Minister of Justice, Abubakar Malami, is introducing uniform process of assets disposal, and avoiding wastages, so that the federal government can have full benefit of what has been forfeited.

“For the first time in Nigeria, all agencies are sitting together and discussing on the same table on issues related to asset management and disposal,” the statement said.

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The Solicitor-General of the federation, Dayo Apata, SAN, says the federal government will establish a database of forfeited assets, through the Inter-Ministerial Committee on the Disposal of Federal Government Forfeited Assets.

Wilson Uwujaren, spokesperson of the Economic and Financial Crimes Commission (EFCC) who disclosed this in a statement said Apata said this during his visit to the EFCC headquarters in Abuja on Tuesday.

The statement said Apata who is the committee chairman, assured that it would ensure that the federal government gets value for all the forfeited assets soon to be disposed of.

The statement quoted Apata as saying that the committee which was inaugurated on November 9, 2020 by the Attorney- General of the Federation and Minister of Justice, Abubakar Malami, is introducing uniform process of assets disposal, and avoiding wastages, so that the federal government can have full benefit of what has been forfeited.

“For the first time in Nigeria, all agencies are sitting together and discussing on the same table on issues related to asset management and disposal,” the statement said.

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