EFCC Boss, Ibrahim Magu, Rents And Furnishes Maitama Mansion With N83 Million

EFCC Boss, Ibrahim Magu, Rents And Furnishes Maitama Mansion With N83 Million

By Doyin Ajayi | Sub-Editor on July 2, 2016
Zenith Bank Fayose Ikoyi DSS governor Ibrahim Magu EFCC Diezani Alison-Maduekwe
Ibrahim Magu, Chairman of the Economic and Financial Crimes Commission

Mr. Ibrahim Magu, chairman of the Economic and Financial Crimes Commission, EFCC, Nigeria’s anti-graft agency has rented a mansion in the high-brow Maitama District of Abuja for a whooping N40 million rent for two years.

Following the rent payment, Ibrahim Magu also awarded a N43 million furnishing contract to a company owned by Air Commodore Umar Muhammad (rtd).

According to News Express, an online newspaper, the duplex at Rudolf Close was formerly occupied by a former federal minister who died some time in May 2014.

“The property was rented to the acting EFCC chairman for N40,000,000 at N20,000,000 per annum,” a inside source told the newspaper.

“Furthermore, the Federal Capital Development Authority (FCDA) curiously awarded a contract to Africa Energy, a company owned by retired Air Comm. Umar Muhammad, to furnish the residence at the cost N43,000,000,” the source revealed.

“In a government where the president is known to have frowned at and rebuked his ministers for requesting for N20,000,000 for them to rent apartments to live, this is is happening.

“It is shocking that the man spearheading the anti-corruption crusade of the government will be involved in such a venture.

“More surprising is the involvement of FCDA in renting a house for EFCC and under what arrangement,” the source, who spoke on condition of anonymity said.

News Express made efforts to get the reaction of Magu and EFCC but the commission’s spokespersons Mr. Osita Nwajah and Mr. Wilson Uwujaren did not respond to text messages sent to them seeking their reaction to the story.


  1. #40,000,000 just for rent ,#43,000,00 just to furnished a duplex for a chairman of an organization . Whole citizens are selling their children for a bag of rice . Haha Buhari , haha APC . You pple will gather all the wealth but you will never enjoy it , in Jesus name .

  2. Oya Magu! Did you source this collosal amount from your salary? Remember, you are living in a glass house! Don’t throw stones. Aspire to lead by example!

  3. Efcc is an instrument in the hand of thieves and they have been thieving not today. What of the one trillion naira with Lamurde. I know the hunter will soon run into a giant trap. Imagine every Efcc boss have always been from a particular state. Kwaraption unlimited!

  4. Lord hv mercy; c hw ds pple is wasting money; 83m 4 rentage of apartment nd furnishing. Good lord we judge u pple.

  5. Pls let be sincere how much do you think someone can get 2 bed rooms apartment in Abuja? my People it can not be less than 800,000, now compare to where somebody with this stature will live together with his family,,,,,if this man collect just one bribe from this people can solve his life entire problem,accommodation is not as easy think in Abuja,,,,,,,pls commentator as stand to be corrected u dont need to abuse me thank

  6. MAGU, ride on, your enemies are at work. They are afraid of what you can do to then. Corruption is fighting back. Do not hesitate to expose all of them

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