Section 48: Order of forfeiture of assets (As amended by section 12 of the Cybercrimes (Prohibition, Prevention, etc.) Act, 2024)

1 The Court, in imposing sentence on any person convicted of an offence under this Act, may order that the convicted person forfeits to the Government of the Federal Republic of Nigeria-
a any asset, money or property, whether tangible or intangible, traceable to proceeds of such offence; and
b any computer, equipment, software, electronic device or any other device used or intended to be used to commit or to facilitate the commission of such offence.

2 If it is established that a convicted person has assets or properties in a foreign country, acquired as a result of such criminal activities listed in this Act, such assets or property, shall subject to any Treaty or arrangement with such foreign country, be forfeited to the Federal Government of Nigeria.

3 The office of the Attorney-General of the Federation shall ensure that the forfeited assets or property are effectively transferred and vested in the Federal Government of Nigeria.