FORFEITURE OF ASSETS (RELEASE OF CERTAIN PROPERTIES) (AMENDMENT) DECREE, 1999
Decree · Security
Policy date: 1999-01-01
A Decree amends the framework for releasing previously forfeited properties. It targets eligible individuals and the federal government managing the programme. This completes the review and release of assets during the transition to democracy.
FORFEITURE OF ASSETS (RELEASE OF CERTAIN PROPERTIES) (AMENDMENT) DECREE, 1999
What Is This Policy?
A 1999 military decree further amending the forfeiture release framework in the final year of military rule, releasing additional categories of previously forfeited properties.
Who Does It Target?
Persons eligible for return of forfeited properties under the 1999 decree Federal Government completing the military-era property release programme
What Does It Aim to Achieve?
Complete the programme of reviewing and releasing military-era asset forfeitures as Nigeria transitioned to democracy.
Key Features
Final Releases: Released additional categories of previously forfeited properties. Transition Measure: Part of the military government's transition-to-democracy asset normalisation.
Current Status
Rollout Stage: Historical — programme completed Coverage: Named forfeited properties Beneficiaries: Former property holders Funding: Federal Government
How to Access
Historical reference Application method: Historical.
Official Resources
Website: https://www.agf.gov.ng Contact: Office of the Attorney General of the Federation
Legal Framework
The Forfeiture of Assets (Release of Certain Properties) (Amendment) Decree 1999 is recognized under Section 315 of the 1999 Constitution as an existing law. It operated within the military-era Forfeiture of Assets framework and is superseded for new cases by the Proceeds of Crime (Recovery and Management) Act 2022. The ICPC Act 2000 and EFCC Act 2004 provide the current institutional framework for corruption-related asset recovery.