The Federal High Court in Lagos has ordered the final forfeiture of N178,966,938, multiple landed properties and two vehicles to the Federal Government of Nigeria over their alleged links to unlawful activities.
Justice C.J. Aneke gave the order 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.
The court had earlier granted an interim forfeiture of the assets and directed that the order be published in a national newspaper to allow any interested party to show cause why the properties should not be permanently forfeited.
Moving the application for final forfeiture, EFCC counsel, Zeenat Atiku, informed the court that the motion was supported by an affidavit deposed to by an EFCC operative, Isah Yusuf Nadabo. The affidavit stated that the funds and assets were traced to Stanley Akaria Chinemerem and were reasonably suspected to be proceeds of unlawful activities.
Among the assets forfeited is a fully detached six-bedroom duplex built on approximately 722.332 square metres at Nnabuenyi Street (formerly described 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.
In addition, 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 secured the interim forfeiture order on December 12, 2025, which was subsequently published in The Punch newspaper on January 8, 2026, in compliance with the court’s directive. The respondent was also personally served but neither any individual nor corporate entity appeared to contest the forfeiture.
After reviewing the application and supporting documents, Justice Aneke held that the application was meritorious and granted the final forfeiture of the assets to the Federal Government.
