JUST IN: Aisha Achimugu Forfeits ₦8.9bn In Assets, Cash To FG

A Federal Capital Territory, FCT, High Court sitting in Apo, Abuja, has granted a final forfeiture order for properties and cash linked to businesswoman, Ms. Aisha Achimugu, to the Federal Government.

Justice Jude Onwugbuzie gave the order on Thursday, July 16, 2026, in a judgment on an application for final forfeiture filed by the Economic and Financial Crimes Commission, EFCC.

According to the court order, the forfeited items include:

-Jewelries valued at ₦4,645,170,294.90 (Four Billion, Six Hundred and Forty-Five Million, One Hundred and Seventy Thousand, Two Hundred and Ninety-Four Naira, Ninety Kobo)

-Eleven exotic cars valued at ₦4,293,000,000 (Four Billion, Two Hundred and Ninety-Three Million Naira)

-$50,000 (Fifty Thousand United States Dollars)

-₦30,000,000 (Thirty Million Naira) cash

The EFCC had approached the court seeking the final forfeiture of the assets, which the Commission linked to investigations involving the businesswoman.

In granting the order, Justice Onwugbuzie held that the properties should be forfeited to the Federal Government.

Full details shortly…