FCCPC seals Paradise Estate over unfulfilled promises to home buyers

Crime Diary

ABUJA, Nigeria (NPA) — The Federal Competition and Consumer Protection Commission (FCCPC) has sealed Paradise Estate in Abuja following allegations that its developers failed to deliver homes to buyers who had completed payment.

In a statement issued on April 27, 2026, the Commission said complaints from affected consumers triggered regulatory action in line with its statutory mandate.

FCCPC stressed that consumer protection extends beyond retail purchases to major financial commitments such as housing, where many Nigerians invest their life savings based on developers’ promises.

Advertisement

A portion of the statement read: “Following complaints received and reviewed concerning Paradise Estate, Abuja, including allegations that some buyers completed payment but have not received the homes promised to them, FCCPC has initiated regulatory action in line with its statutory mandate.”

The Commission emphasized that businesses must not make promises they cannot fulfill. Where payments have been received, agreed timelines must be honoured, delays properly explained, and lawful remedies provided where obligations are unmet.

FCCPC noted that confidence in housing markets depends on transparency, honest communication, proper records, and delivery in line with commitments. It urged affected consumers to submit relevant documents, evidence of payment, and correspondence through its complaints portal: http://complaints.fccpc.gov.ng.