From Ndubuisi Orji, Abuja
The House of Representatives Sub-Committee on Public Assets, investigating the management of seized, forfeited and recovered assets, has summoned the Nigerian Navy, Nigeria Police Force, Nigeria Customs Service and Nigeria Immigration Service to appear before it next week.
Also summoned by the panel, which is conducting a comprehensive audit of recovered assets in the country, is the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The chairman of the sub-committee, Ibe Okwara Osonwa, announced the summons at the panel’s inaugural meeting on Wednesday at the National Assembly.
Osonwa, who described the assignment as an important national responsibility, noted that the management, disposal and utilisation of seized, forfeited and recovered assets had remained issues of public concern and institutional scrutiny across successive administrations.
According to him, persistent questions have been raised about the transparency of asset recovery processes, coordination among government agencies and the eventual disposition of recovered properties.
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He said: “Across various administrations, questions have persisted regarding transparency, coordination, and the integrity of processes governing assets seized or forfeited through anti-corruption efforts, criminal justice actions, and administrative enforcement.
“These concerns are not merely technical—they strike at the heart of public trust, institutional credibility, and the effectiveness of Nigeria’s anti-corruption architecture.”
Osonwa explained that the sub-committee had been mandated to undertake a comprehensive audit to establish a clear, accurate and verifiable record of all seized, forfeited and recovered assets held, controlled or managed by relevant government institutions.
He said the exercise would also provide an opportunity to recommend reforms aimed at addressing longstanding loopholes, modernising asset management systems and strengthening transparency and accountability.
“The sub-committee has the opportunity to recommend reforms that will close long-standing loopholes, modernise asset management systems, and reinforce Nigeria’s commitment to transparency and responsible stewardship.
“Our work can help ensure that recovered assets truly serve the public interest—whether through restitution, reinvestment, or national development priorities,” the lawmaker stated.

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