Court Forfeits ₦178.9m, Duplex, Lands, Vehicles to FG

Justice C.J. Aneke of the Federal High Court sitting in Lagos has ordered the final forfeiture of ₦178,966,938, alongside multiple landed properties and vehicles reasonably suspected to be proceeds of unlawful activities, to the Federal Government of Nigeria.
The order was made on Monday, February 10, 2026, following a motion on notice filed by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) in Suit No. FHC/L/MISC/1311/2025.
Justice Aneke had earlier granted an interim forfeiture order and directed that the order be published in a national newspaper to allow any interested party to show cause why the assets should not be finally forfeited.
Moving the application for final forfeiture, EFCC counsel, Zeenat Atiku, informed the court that the application was supported by an affidavit deposed to by an EFCC operative, Isah Yusuf Nadabo. She stated that investigations traced the funds and properties to one Stanley Akaria Chinemerem and that the assets were reasonably suspected to be proceeds of unlawful activities.
Among the forfeited properties is a fully detached six-bedroom duplex built on approximately 722.332 square metres at Nnabuenyi Street (formerly known as AMORC), within the Onigbanko Royal Family Land, Abule Oshun, Amuwo Odofin Local Government Area of Lagos State.
The court also ordered the forfeiture of two undeveloped parcels of land located at Onireke Town, opposite Ojo Barracks, Amuwo Odofin LGA, Lagos State, measuring 667.070 square metres and a plot measuring 60 feet by 120 feet, respectively.
Additionally, two vehicles were forfeited: a black 2012 Toyota Highlander Jeep with registration number LND 401JC and a red 2018 Toyota Venza with plate number FCT 998 JX.
The EFCC had earlier secured an interim forfeiture order on December 12, 2025, which was published in The Punch newspaper on January 8, 2026, in compliance with the court’s directive. The respondent was also personally served, but no individual or corporate entity came forward to contest the forfeiture.
After reviewing the application and supporting documents, Justice Aneke held that the application had merit and consequently ordered the final forfeiture of the assets to the Federal Government of Nigeria.