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FG to create central  database for forfeited assets – SGF

The Federal Government’s inter-ministerial committee on assets disposal on Tuesday stated that it would establish a database of forfeited assets.

The Solicitor-General of the Federation and Chairman of the Committee, Dayo Apata, disclosed this during a courtesy to the headquarters of the Economic and Financial Crime Commission (EFCC) in Abuja.

A statement by the agency’s spokesman, Wilson Uwujaren, titled, ‘Sale of Assets: Committee commends EFCC, assures FG of value for forfeited assets’, quoted Apata as stating that the committee, which was inaugurated on November 9, 2020 by the Attorney- General of the Federation and Minister of Justice, Abubakar Malami (SAN), is introducing uniform process of assets disposal, and avoiding wastages, so that the Federal Government can have full benefit of what has been forfeited.

Apata assured that the Federal Government get value for all forfeited assets soon to be disposed.

Apata also commended what he described as the “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.

He disclosed that the committee, in furtherance of its assignment, has already marketed for valuers, and would soon be inviting auctioneers.

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