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🇳🇬 Nigeria /Economy & Trade

FCCPC seals Abuja estate over ‘undelivered homes’, firm faults move

From The Punch · (2h ago) English

Summarized and contextualized by DistantNews.

TLDR

  • The Federal Competition and Consumer Protection Commission (FCCPC) sealed Paradise Estate in Abuja over allegations that the developer failed to deliver housing units to subscribers after receiving full payments.
  • The FCCPC intervened after repeated non-compliance with regulatory directives and a flood of complaints from homebuyers who had waited over three years for their properties.
  • The estate management disputed the FCCPC's action, stating the matter is contractual and already before the Competition and Consumer Protection Tribunal.

The Federal Competition and Consumer Protection Commission (FCCPC) has taken decisive action by sealing off Paradise Estate in Abuja, a move that underscores its commitment to protecting consumers from fraudulent developers. This enforcement action was precipitated by a deluge of complaints from homebuyers who had paid in full for their units, only to be left waiting for over three years without delivery.

The Commission has been inundated with complaints, particularly in the real estate sector, and some of those complaints were specific to Estates Limited.

— Marvin NadahExplaining the FCCPC's intervention due to numerous complaints against the developer.

The FCCPC's Deputy Director of Surveillance and Investigation, Marvin Nadah, explained that the Commission exhausted all administrative avenues before resorting to sealing the premises. A compliance notice was served on February 24, 2026, directing the developer to hand over properties, but the company failed to comply within the stipulated seven days. This failure, Nadah stated, triggered the enforcement exercise under Section 150 of the FCCPA 2018.

These complaints went through our redress process, after which the Commission decided. Based on that, we issued a compliance notice directing the company to hand over properties that consumers had fully paid for but had not received for over three years.

— Marvin NadahDetailing the steps taken by the FCCPC before the enforcement action.

Nadah emphasized that this is not an isolated incident and that the FCCPC is actively investigating multiple complaints within the real estate sector. He urged prospective homebuyers to exercise vigilance, verify developers' claims, and report any violations of their rights. The Commission's intervention aims to prevent consumers from being exploited and misled, ensuring they receive value for their money.

Failure to comply with that notice, in line with Section 150 of the FCCPA 2018, is why we are here today to carry out an enforcement exercise, which includes sealing the premises.

— Marvin NadahJustifying the sealing of the estate due to non-compliance with the notice.

However, the management of Paradise Estate has contested the FCCPC's action, asserting that the dispute is contractual and currently under review by the Competition and Consumer Protection Tribunal. The FCCPC maintains it has no knowledge of any appeal and that its actions are lawful and within the bounds of the Act.

These are not isolated cases. These are multiple consumers who have paid fully and have not received value for their money for over three years. The government cannot sit by and watch when consumers are exploited or misled in any form.

— Marvin NadahHighlighting the widespread nature of the issue and the government's responsibility to protect consumers.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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