By Olokuta Rofiat
The real estate sector in Abuja is facing mounting scrutiny over widespread fraudulent and unethical practices by some estate developers, leaving many homebuyers stranded and financially devastated.
Reports indicate that sharp practices such as double allocations, where a single plot is sold to multiple buyers fake allocation letters, and forged Certificates of Occupancy are increasingly common. Victims often spend years in costly legal battles, while some lose their entire investments.
Developers are also accused of breaching contractual timelines, with housing projects promised within 24 months stretching to 48 months or more without compensation or transparency. Hidden charges, including community development levies and survey fees, are often introduced after agreements are signed, adding to buyers’ burdens.
The Economic and Financial Crimes Commission (EFCC) has in recent months arraigned several developers over alleged land fraud. In one high-profile case, Abuja-based developer Rebecca Omokamo, also known as Bilkisu Ishaku Aliyu was charged with land fraud and money laundering exceeding ₦500 million. Another suspect was arrested for allegedly selling non-existent plots in Kurudu and Guzape 2, defrauding buyers of over ₦90 million.
The House of Representatives has previously set up an ad hoc committee to investigate these malpractices and recommend stronger buyer protections. Industry experts and stakeholders are now calling for tighter regulation by agencies such as the Federal Capital Development Authority (FCDA), Abuja Geographic Information Systems (AGIS), and the Department of Development Control (DDC). Suggested reforms include creating a public registry of licensed developers and establishing special real estate tribunals for swift dispute resolution.
Victims range from retirees and civil servants to diaspora investors, many of whom have lost life savings. Analysts warn that without urgent action, public trust in Abuja’s property market will continue to erode, jeopardising housing development and investment in the Federal Capital Territory.
