President Bola Ahmed Tinubu has ordered a thorough investigation into a controversial ₦3.6 billion land transaction in Abuja allegedly linked to the Minister of the Federal Capital Territory (FCT), Nyesom Wike. The directive was issued following reports that the deal involved inflated valuations and possible financial misconduct, raising red flags within the federal government.
According to sources, the President has mandated the Attorney General of the Federation and relevant anti-corruption agencies to take immediate action by scrutinizing all aspects of the transaction. This includes verifying the authenticity of documents, tracing the flow of funds, and uncovering the identities of all parties involved in the deal. The land, located in a prime area of Abuja, is said to have been acquired under questionable terms that may have violated due process.
The order is part of a broader effort by the federal government to promote accountability in public office and ensure transparency in the management of public resources. It also coincides with ongoing efforts by the FCT administration to recover outstanding ground rents from embassies and government agencies, further drawing attention to land administration practices in the capital.
Although Wike is yet to issue a detailed response, insiders say he has dismissed the allegations as politically motivated and has expressed readiness to cooperate with investigators. His camp maintains that the land deal followed legal procedures and that all relevant authorities were duly informed.
The outcome of this probe could have significant political implications, particularly for Wike’s role in the current administration and his influence within the ruling party. It also signals President Tinubu’s resolve to confront alleged corruption head-on, regardless of the individuals involved.
As the investigation unfolds, the public and political observers alike will be watching closely to see whether it leads to prosecution or exoneration, and what it might reveal about the inner workings of government land transactions in the FCT.
