Federal Capital Territory (FCT) Minister, Nyesom Wike, has been thrust into controversy following revelations from United States public records that he quietly acquired a $2 million mansion in Florida.
Documents obtained by West Africa Weekly show that the property, located at 113 Spring Creek Lane, Winter Springs, Florida, was purchased in March 2025 and registered in the names of Wike’s children — Joaquin, Jazmyne and Jordan — together with his wife, Justice Eberechi Wike, a serving judge.
The report said, according to sources familiar with the deal, the transaction was executed privately, with the minister deliberately omitting his own name from the paperwork in an apparent bid to evade asset disclosure requirements and scrutiny over the source of funds.
The two-storey residence, built in 1997, sits on a 4,076-square-foot lot and includes a garage with two parking spaces.
With the official salary and allowances of a cabinet minister fixed at ₦7.8 million ($5,000) per year, Wike’s ability to fund a $2 million mansion abroad is raising pressing questions about undeclared income and hidden assets.
Analysts warn that the deal may contravene provisions of Nigeria’s Money Laundering (Prevention and Prohibition) Act, 2022, which criminalises the use of illicitly acquired public funds for foreign property acquisitions.
Wike has previously been linked to a controversial $3.6 billion FCT land-grab scandal allegedly involving his son, Joaquin.
Justice Eberechi Wike’s involvement in the transaction has also brought her under scrutiny. The Code of Conduct for Judicial Officers in Nigeria (Rule 1.2 and 5c) requires judges to avoid both impropriety and the appearance of impropriety in personal or financial dealings.
Source: BusinessDay
