Court orders Sanwo-Olu’s paramour Aisha Achimugu to forfeit N4.6 billion jewellery, 11 exotic cars, $50,000 to FG
The Abuja Division of the Federal High Court has granted the final forfeiture of property linked to the Lagos State Governor, Babajide Sanwo-Olu’s paramour, Aisha Achimugu, to the federal government.
The Economic and Financial Crimes Commission (EFCC), in a statement on Thursday, announced that Mrs Achimugu’s assets forfeited to the Federal Government include “jewellery worth N4,645,170,294.9, eleven exotic cars worth N4,293,000,000, and $50,000 cash.”
According to the anti-graft agency, Justice Jude Onwugbuzie granted the order on Thursday, July 16, 2026, in a judgment on the application for the final forfeiture of the property by the anti-graft commission.
In March, same court ordered final forfeiture of $13 million linked to Mrs Achimugu’s Oceangate Engineering Oil & Gas Ltd.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
Tinubu govt changed trajectory of maritime sector via robust reforms: Minister
Mr Oyetola added that agencies under the ministry generated more than N1.8 trillion in revenue in 2025.
NationWide
FG upgrades Lagos hajj terminal
Mr Keyamo attributed the project to President Bola Tinubu’s vision to revitalise aviation infrastructure nationwide.
Hot news Home top
Revoked Licences: NDIC begins payment to 46 MfBs’ depositors
The Central Bank of Nigeria revoked the banks’ licences for failing to meet regulatory requirements for continued operations.
Abuja
Court advises Emeka Ike, Wike’s aide to consider reconciliation in N10 billion suit
The judge consequently adjourned the matter until October 12 for hearing by agreement of all the counsel.
Economy
MPC rate to keep capital market stable, says stockbroker
The committee retained the monetary policy rate (MPR) at 26.5 per cent at the end of its 306th meeting on Tuesday.
Hot news Home top
Mine Collapse: Senate urges FG to establish nationwide compensation scheme, support deceased Kogi miners’ children
The lawmaker said the incident resulted in the death of 20 workers and left several others injured.





