Tinubu Allocates EFCC‑Recovered Property to NDPC; Dangote Refinery IPO Rush Overwhelms Sites

President Tinubu on Friday allocated a property recovered by the Economic and Financial Crimes Commission to the National Development Planning Commission, a move that will allow the commission to use the asset for future development projects. The allocation follows the EFCC’s seizure of the property, which had been held by the commission for several months. Meanwhile, the Dangote Group’s planned initial public offering of its refinery shares has attracted a flood of investors, overwhelming two of the company’s investment sites and prompting the firm to tighten its investor‑access procedures. The surge underscores the high demand for stakes in Nigeria’s largest refinery project and signals growing confidence in the country’s industrial sector. Both developments illustrate how recovered assets and capital markets are being leveraged to support national development.