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Home | FG To Establish ‘Central Database’ For Forfeited Assets – Official

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FG To Establish ‘Central Database’ For Forfeited Assets – Official

Daily Report Nigeria
Daily Report Nigeria
Published: June 15, 2025
Last updated: June 15, 2025
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FG To Establish ‘Central Database’ For Forfeited Assets – Official | Daily Report Nigeria
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The Federal Government’s inter-ministerial committee on assets disposal, on Tuesday, declared that it would create a central database of assets for finally forfeited assets.

The chairman of the committee, Dayo Apata, said this during a courtesy visit of the committee to the headquarters of the Economic and Financial Crimes Commission, EFCC in Abuja.

Apata said: “the committee will create a central database of assets that had been forfeited to the Federal Government to ensure the Federal Government gets value for all the forfeited assets”.

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“Introducing uniform process of assets disposal, and avoiding wastages, so that the Federal Government can have the full benefit of what has been forfeited,” a statement by the EFCC quoted Mr Apata as saying.

He commended what he described as the “unprecedented synergy” among the relevant agencies represented on the committee.

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

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