EFCC Chairman to Address Critical Real Estate Sector Challenges at August 6 Policy Dialogue

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Barrister Ola Olukoyede, is set to deliver a keynote address on Wednesday, August 6, 2025, at a high-level policy dialogue focused on addressing key challenges within Nigeria’s real estate ecosystem.

The event, hosted by The Law Corridor, a prominent Nigerian law firm, is part of its quarterly policy engagement series aimed at driving reform through stakeholder conversations.

The policy dialogue will bring together key players from the public and private sectors, alongside other stakeholders across the real estate value chain, for a solutions-driven discussion on fraudulent practices undermining the sector’s integrity and sustainability.

Slated to take place at the Abuja Continental Hotel, Ladi Kwali Street, by 10:00 AM, the event will feature notable figures including Engr. Richard Yunana Dauda, Acting Executive Secretary, Federal Capital Development Authority (FCDA), Oyetola Muyiwa Atoyebi, SAN, FCIArb (UK), Managing Partner, Omaplex Law Firm, Kehinde Ogunwumiju, OFR, SAN, FCIArb (UK), Managing Partner, Afe Babalola & Co. and Harry Erin, Director, Special Control Unit Against Money Laundering (SCUML)

Focus of discussion will be on Curbing illegal property transactions, Tackling the proliferation of fake developers and unlicensed agents, Strengthening compliance mechanisms, Enhancing anti-money laundering frameworks and Improving legal access and consumer protection

According to the organisers, the dialogue aims to produce actionable policy recommendations. A comprehensive policy brief capturing key insights and stakeholder input will be published and submitted to relevant government ministries and regulatory agencies.

The event underscores growing concern over the vulnerability of Nigeria’s real estate sector to fraudulent practices, and the need for coordinated policy and legal interventions to restore investor confidence and protect citizens.