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The Banker Who Bought Government Land - Properties - Nairaland

Nairaland Forum β€Ί Nairaland General β€Ί Properties β€Ί The Banker Who Bought Government Land (196 Views)

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The Banker Who Bought Government Land by PropertyQuestNG(op): 9:06pm On Feb 06
Good Evening, Nairaland Family!
PropertyQuestNG here, your trusted real estate lawyer.
QUICK NOTE:
My phone don scatter with messages! πŸ˜‚
When you DM 0903 339 3000:
My support team responds first
Complex cases are referred to me personally
If no response after 24hrs, drop a comment here I'll handle it myself
BETTER STILL: Drop your questions in the COMMENT SECTION below! I'm handling this page myself, and I respond to EVERY comment! It's usually faster than DM!
Chai! Yesterday's Case 3 about Professor Swampland scattered the whole Nairaland! πŸ˜‚πŸ˜‚πŸ˜‚ Over 200 comments! You people came out to play! Some of you were sharing your own swamp land horror stories. One person said fish jumped out when they were digging the foundation! But please and please let's share our experiences here in the comments sections biko. Are we shy to do that? Please drop comments.
But today's case? This one is no laughing matter o. This one go touch your soul. When government enter the matter, na everybody go feel am!
Grab your popcorn, sit down well well. This gist long, but e sweet die!
THE BANKER WHO BOUGHT GOVERNMENT LAND
Meet Mr. Biodun Coker (not his real name) - The Man Who Fought Government and LOST
Mr. Biodun na big boy for one of the major banks in Lagos. Not a small position o - he was a Branch Manager in Victoria Island!
The kind of person wey:
Salary na ₦850,000 monthly (plus bonuses wey fit reach ₦2-3M quarterly)
Dey wear designer suit, Italian shoes, Swiss watch
Drive Mercedes Benz E-Class
Him wife na runs boutique for Lekki
Two children in expensive private school (₦1.5M per child per term!)
Every December, family dey travel abroad for vacation
In short, MONEY DEY! πŸ’°
So, in 2016, Mr. Biodun decided it was time to build his own house. He don tire of renting ₦3.5M per year for 3-bedroom flat in Lekki Phase 1.
"Why am I paying someone else's mortgage?" he thought. "Let me build my own mansion!"
His target? Abijo GRA in Ibeju-Lekki.
You know that area wey they been dey hype say na "the new Banana Island"? That Abijo wey every marketer been dey shout say "buy now before it becomes like Lekki Phase 1!"? Yes, that one!
THE "PERFECT" PROPERTY
One of his bank customers (a very rich Alhaji who owned properties all over Lagos) called him:
"Biodun my boy, I have 600sqm land in Abijo GRA. It's in the heart of the estate, good location, all documents complete. I'm selling because I'm relocating to Abuja. Original price na ₦75M, but because you're my guy, I'll give you for ₦72M."
Mr. Biodun was sharp! He said: "Alhaji, let me do my checks first."
And oh boy, did he do checks! This man wasn't playing!
What Mr. Biodun Did (He Tried Everything!):
βœ… Hired a top real estate lawyer - ₦600,000 (lawyer checked all documents, said "100% clean!"wink
βœ… Did title search at Alausa Land Registry - The land was registered, file number correct, no dispute on record
βœ… Hired licensed surveyor - ₦350,000 (surveyor confirmed the coordinates matched, beacons were in place)
βœ… Visited the land 5 times - Land was dry, solid, in a developing area with other houses being built
βœ… Spoke with neighbors - They confirmed Alhaji was the real owner, no issues
βœ… Checked the estate developers - Abijo GRA was being marketed by a registered property company
βœ… Verified Alhaji's identity - International passport, driver's license, bank statements, everything checked out
βœ… Even did soil test - Engineer said soil was good for building!
Everything was PERFECT! All boxes ticked! βœ…βœ…βœ…
Mr. Biodun paid ₦72 MILLION in March 2016. Collected his documents:
Registered Survey Plan βœ…
Deed of Assignment βœ…
Governor's Consent (in process, but had acknowledgment receipt from Land Registry) βœ…
Estate allocation letter βœ…
Receipt of payment βœ…
THE DREAM HOUSE CONSTRUCTION BEGINS
Mr. Biodun wasn't wasting time!
April 2016 - Land clearing and fencing (₦1.2M)
May 2016 - Foundation and DPC completed (₦8.5M)
July 2016 - Building reached lintel level (₦15M)
September 2016 - Roofing completed (₦12M)
November 2016 - Plastering and finishing started (₦8M)
January 2017 - Tiling, plumbing, electrical work (₦10M)
Total spent on building: ₦54.7 MILLION!
Plus the land (₦72M) = ₦126.7 MILLION total investment!
The house was BEAUTIFUL! 4 bedrooms, all ensuite, modern kitchen, jacuzzi, garden, interlocking compound - the whole package!
Mr. Biodun was so happy! He told everyone at work: "By March 2017, I'm moving into my own house! No more landlord wahala!"
His colleagues were congratulating him. His wife was already buying furniture (₦4.5M worth!). His children were excited about having their own rooms with study space.
Life was SWEET! 🍯
THEN CAME FEBRUARY 14, 2017 - VALENTINE'S DAY TURNED DOOMSDAY πŸ’”
Mr. Biodun and his wife had planned a romantic Valentine's dinner. Around 6:47 PM, his phone rang.
It was his gateman (yes, he had employed a gateman already, getting ready to move in):
"Oga! Oga sir! TROUBLE O!"
"What trouble? Armed robbers?"
"No, sir! Na government people! Them come with bulldozer and caterpillar! Them say them wan demolish the house!"
"DEMOLISH?! DEMOLISH WHICH HOUSE?!"
"Your house sir! Them don start already! Them don knock down the fence! The bulldozer dey come near the house now!"
Mr. Biodun nearly collapsed! His wife was screaming! Valentine's dinner cancelled immediately!
He jumped in his Benz and raced to Abijo - traffic was terrible, but he was driving like a madman, honking, shouting, one-way, BRT lane, anywhere!
By the time he reached there at 8:23 PM...
HIS FENCE WAS GONE!
HIS GATE WAS SCATTERED!
THE BULLDOZER WAS ALREADY RAMMING INTO HIS BUILDING!
"STOP! STOP! STOOOOOOP!" he was screaming, running towards the bulldozer!
A stern-looking government official with a megaphone shouted: "Move away from the site! This is government acquisition! Anyone obstructing will be arrested!"
"GOVERNMENT ACQUISITION?! THIS IS MY HOUSE! I HAVE DOCUMENTS!"
"We don't care about your documents! This entire area has been acquired by Lagos State Government for the new Lekki Free Trade Zone expansion! Vacate now or face arrest!"
Mr. Biodun brought out his documents - Survey Plan, Deed of Assignment, receipt, everything!
The official barely looked at them: "Those documents are useless! This land was acquired in 2009! You bought stolen government land! Not our problem! Demolition continues!"
THE DEMOLITION (Most Painful Thing I've Ever Witnessed)
Nairaland family, I wasn't there, but Mr. Biodun showed me the video he recorded.
Chai! I cried watching it! A grown man crying, begging, shouting as bulldozers destroyed his dream house!
KPAAAAA! - The living room wall came down!
GBAAAAM! - The master bedroom collapsed!
KRRRRRR! - The kitchen tiles shattering!
CRASH! - The beautiful roofing tumbling down!
His wife was on the floor, crying! Neighbors were watching helplessly! Some were crying with them because their own houses were next!
In 45 MINUTES, what took 10 months and ₦54.7 million to build was reduced to RUBBLE! Just stones, sand, and broken dreams! 😭
The government people didn't even allow him to remove anything - no tiles, no fittings, no doors, no windows - NOTHING!
They said: "You built on government land illegally, so everything here belongs to government now!"
Mr. Biodun just sat on the ground, in the middle of the rubble, crying like a baby. His ₦126.7 MILLION gone in 45 minutes!
THE INVESTIGATION THAT EXPOSED EVERYTHING
The next morning (after not sleeping the whole night), Mr. Biodun came to my office. His eyes were swollen from crying, his expensive suit was dirty and torn, he looked like someone wey don mad!
"Barrister, how can government just demolish my house? I have documents! I did everything right! How is this legal?!"
I told him: "Oga, sit down. Let me investigate first."
What I found out go shock you!
THE FULL STORY:
1. THE GOVERNMENT ACQUISITION (2009):
In 2009, Lagos State Government published an acquisition notice in the Lagos State Official Gazette that they were acquiring large portions of land in Ibeju-Lekki area for:
Lekki Free Trade Zone expansion
Airport development
Road expansion
Public infrastructure
The notice included specific coordinates and survey numbers of all affected lands.
Mr. Biodun's land? IT WAS ON THE LIST!
The land had been officially acquired by government 7 YEARS BEFORE he bought it!
2. THE SCAM CHAIN:
But here's the wicked part - after government acquired the land in 2009, some people (including the original owners and some government insiders) decided to KEEP SELLING THE LAND to unsuspecting buyers!
Why? Because government demolition might not happen immediately! Sometimes it takes 5-10 years before government actually uses the land!
So they reasoned: "Make we sell am quick quick, collect money, before government come!"
3. THE "CLEAN" DOCUMENTS TRICK:
How did the documents look clean?
Because:
The original Survey Plan was done BEFORE government acquisition (2007)
The land WAS legitimately owned by the seller before 2009
The Deed of Assignment was real
The Governor's Consent application was real (but it would NEVER be approved because government had acquired the land!)
So when Mr. Biodun's lawyer checked at the Land Registry, he saw:
βœ… Survey Plan registered - 2007
βœ… Original owner confirmed - Alhaji's name
βœ… No court case on record
βœ… No debt or lien
Everything looked PERFECT!
BUT NOBODY CHECKED THE GOVERNMENT ACQUISITION GAZETTE! 😭
4. THE LAWYER'S MISTAKE:
Mr. Biodun's lawyer (even though he charged ₦600K) did NOT check:
❌ Government acquisition lists
❌ Official Gazette publications
❌ Ministry of Physical Planning records
❌ Lekki Free Trade Zone expansion maps
He only checked the Land Registry! That's like checking if a car has papers but not checking if the car was stolen! πŸ€¦β€β™‚οΈ
THE COURT CASE (Government No Dey Lose!)
Mr. Biodun, being a sharp banker, said "I must fight this!"
He hired a Senior Advocate of Nigeria (SAN) - ₦5M retainer fee!
The case went to court. The arguments:
Mr. Biodun's Lawyer:
"My client bought this land in good faith! He did due diligence! He has documents! Government should compensate him!"
Government Lawyer:
"The land was officially acquired in 2009 and published in the Official Gazette. It is the duty of every buyer to check government acquisition lists before purchasing. Ignorance of the law is not an excuse. The seller defrauded your client, not the government. Case dismissed!"
COURT RULING:
"The Court finds that the Lagos State Government lawfully acquired the said land in 2009 pursuant to the Land Use Act. The Claimant's failure to conduct proper search regarding government acquisition does not invalidate the acquisition. The Claimant should seek redress against the seller for fraud, not against the government. Case dismissed. No costs."
TRANSLATION: "Mr. Biodun, you messed up! Government did their job properly in 2009. You bought government land in 2016. Na your own problem! Go and fight the person wey sell the land to you! Don't disturb government!"
😭😭😭
WHAT HAPPENED TO THE SELLER (Alhaji)?
Remember the rich Alhaji who sold the land to Mr. Biodun?
Mr. Biodun tried calling him after the demolition - phone switched off permanently!
He went to Alhaji's office - EMPTY! Building abandoned!
He asked other bank customers - "Alhaji traveled to Saudi Arabia for Hajj and never came back!"
He reported to the police - Police said "This na civil matter, go to court!"
He went to court - Court issued arrest warrant for Alhaji, but Alhaji is abroad!
Last we heard, Alhaji is living in Dubai, enjoying the ₦72M he scammed from Mr. Biodun!
MR. BIODUN TODAY (The Saddest Part)
Remember this sharp banker, Branch Manager, ₦850K salary, designer suits, Mercedes Benz?
Well...
His Life Collapsed:
He borrowed ₦30M from friends and family to complete the house now he can't pay back!
His reputation at work SPOILED people are saying "How can a banker be so careless with money?"
He was DEMOTED at the bank (from Branch Manager to Relationship Officer) salary cut to ₦350K!
Had to sell his Mercedes-Benz to pay debts now driving Corolla 2008
Wife's boutique closed (they used the capital to try save the house)
Children removed from expensive school, now in cheaper school (₦400K per term instead of ₦1.5M)
Moved from Lekki Phase 1 to a small 2-bedroom flat in Surulere (₦800K per year)
Marriage is shaking wife keeps crying, saying "we've lost everything!"
He's on antidepressants doctor said he has clinical depression
Last time I saw him (2 months ago), he looked like 70 years old! The man is only 43! But stress has aged him 27 years!
He told me: "Barrister, sometimes I just sit down and cry. How did I lose ₦126.7 million in 45 minutes? Me wey been dey plan retirement at 50, now I'm starting life all over again at 43. I wish someone had told me about government acquisition lists. Just ONE simple check would have saved my life!"
NAIRALAND FAMILY THE LESSON DEY HERE!
This case hit me hard because Mr. Biodun did ALMOST everything right! He wasn't careless! He hired professionals!
BUT HE MISSED ONE CRITICAL STEP: CHECKING GOVERNMENT ACQUISITION LISTS!
YOUR COMPLETE GOVERNMENT ACQUISITION CHECKLIST:
1. CHECK THE LAGOS STATE OFFICIAL GAZETTE (Most Important!)
Where: Ministry of Physical Planning & Urban Development, Alausa
What to Ask For:
"Please search if this land (provide coordinates/survey number) has been acquired by the government"
Ask them to check gazettes from the past 20 years!
2. CHECK ONLINE GOVERNMENT PORTALS:
Lagos State has started putting some acquisition lists online:
lagosstate.gov.ng
Physical Planning Ministry website
Ministry of Lands website
Search with your land coordinates or survey number.
3. CHECK THESE GOVERNMENT PROJECTS:
If your land is near any of these projects, INVESTIGATE WELL!
🚨 Lekki Free Trade Zone - massive land acquisition ongoing
🚨 4th Mainland Bridge alignment - lands along the route acquired
🚨 Lekki Deep Seaport - surrounding areas acquired
🚨 Airport Projects - Lekki Airport, Epe Airport areas
🚨 Road Expansion - Lekki-Epe Expressway, Ikorodu Road, etc.
🚨 Rail Projects - Red Line, Blue Line, future extensions
🚨 Lagos-Calabar Coastal Road - entire coastal alignment
If your land is within 5km of any major government project, you MUST verify it's not on the acquisition list!
4. VISIT MINISTRY OF PHYSICAL PLANNING:
Don't just send your lawyer! GO YOURSELF!
Ask to speak with the Planning Officer for that area.
Show them your Survey Plan.
Ask: "Is this area affected by any government project or acquisition?"
5. CHECK THE FREE TRADE ZONE AUTHORITY:
If buying in Ibeju-Lekki, Epe, or surrounding areas, visit:
Lekki Free Zone Development Company (LFZDC)
Ask if your land falls within their acquisition zones.
6. THE "GAZETTE NUMBER" TRICK:
When checking acquisition, ask for the Gazette Number and Year.
Example: "Gazette No. 42, Volume 102, dated 15th May 2009"
Then go VERIFY that this gazette actually exists and contains your land coordinates!
Some scammers forge fake "clearance letters" saying land is not acquired!
7. HIRE A TOWN PLANNER (Not Just a Lawyer!):
Lawyers check legal ownership.
Town Planners check government planning regulations!
A town planner will:
Check acquisition lists
Check zoning regulations
Check if area is designated for public use
Check government development plans
Worth every kobo!
8. ASK NEIGHBORS THE MAGIC QUESTION:
"Has any house been demolished in this area before?"
If they say YES INVESTIGATE WHY!
Maybe government demolished for:
Illegal structure
Right-of-way violation
Government acquisition
If demolition don happen before for that area, e fit happen again!
9. CHECK IF GOVERNMENT HAS PAID COMPENSATION:
If government acquired land, they're SUPPOSED to pay compensation to original owners.
Ask seller: "Did government pay you compensation for this land?"
If seller says NO and land is on acquisition list RED FLAG! Why didn't government pay?
If seller says YES Demand to see the compensation letter and receipt!
10. THE TIMELINE CHECK:
Ask: "When did you buy this land?"
If seller bought AFTER 2009 (when most Lekki acquisitions started), ask: "How come your land was not affected by government acquisition?"
Be suspicious of anyone selling land they bought AFTER major government projects were announced!
THE RED FLAGS IN MR. BIODUN'S CASE:
🚩 Land was in Ibeju-Lekki (area of heavy government activity - Free Trade Zone, Airport, Seaport)
🚩 Price was slightly lower than market rate (₦72M instead of ₦75M - seller wanted to sell fast before demolition!)
🚩 Seller was "relocating to Abuja" (emergency sale excuse)
🚩 Governor's Consent was "in process" but taking unusually long (because it would NEVER be approved!)
🚩 Some houses in the estate were abandoned halfway through construction (other victims who discovered the truth and ran!)
🚩 The lawyer didn't ask about government acquisition (biggest mistake!)
WHAT IF YOUR LAND IS ALREADY ACQUIRED? 😭
If you discover your land is on government acquisition list:
OPTION 1: DON'T BUILD! (Save yourself wahala)
Try to resell to someone who knows and wants to take the risk
Cut your losses early
Use the money for proper land elsewhere
OPTION 2: FIGHT FOR COMPENSATION (Long process)
Hire a lawyer
Prove you're a "bona fide purchaser for value without notice"
Apply for compensation from government
Wait 3-10 years (government is SLOW!)
Maybe get 20-40% of your investment back (if lucky!)
OPTION 3: BUILD TEMPORARY STRUCTURE (Risky)
Some people build "boys' quarters" or small structure
Use it for a few years before demolition
At least get some use from the land
But when bulldozer comes, no crying!
Mr. Biodun chose to fight (Option 2). After 7 years in court, he's gotten NOTHING! Government has not paid him one naira!
YOUR QUESTIONS (I Know You Get Questions!)
Drop them in the comments! Let's discuss! I'm here to answer! πŸ‘‡
Some questions I'm expecting:
πŸ’­ "Can government demolish without notice?"
πŸ’­ "What if I already built before I discovered it's government land?"
πŸ’­ "How long does government keep land after acquisition before using it?"
πŸ’­ "Can I sue government for compensation?"
πŸ’­ "What if my land is partially affected (only one corner)?"
TALK TO ME IN THE COMMENTS! Make we reason this thing together!
TOMORROW'S CASE 5:
"THE COUPLE WHO BUILT ON SOMEONE ELSE'S LAND (Because the Survey Plan Was FORGED!)"
This one involves fake surveyors, shifted coordinates, and two families fighting over one house! Wahala pro max! 😱
FINAL WORD:
If you know ANYBODY planning to buy land ANYWHERE in Lagos (especially Ibeju-Lekki, Epe, Ajah, Ikorodu areas), SHARE THIS POST WITH THEM NOW!
That one simple share fit save them from ₦126.7 million heartbreak!
Need Help Checking Government Acquisition Status?
WhatsApp/Call: 0903 339 3000
My team can help you:
Check Official Gazettes
Visit Ministry of Physical Planning on your behalf
Full government acquisition verification
Town Planning consultation
Don't be like Mr. Biodun! Check before you build!
Have a blessed Friday, Nairaland Family!
Your guy wey sabi government acquisition matter,
PropertyQuestNG
πŸ“Œ propertyquestion.net
Like β€’ Share β€’ Comment β€’ Follow for Case 5 tomorrow!
P.S.: The saddest thing? Mr. Biodun's 7-year-old daughter still asks: "Daddy, when are we moving to our big house in Lekki?" 😭 He hasn't had the heart to tell her the house is gone.
Remember: Government land is NOT for sale! If you buy am, na you go cry! 😒
NOW DROP YOUR COMMENTS! QUESTIONS! EXPERIENCES! I DEY WAIT! πŸ‘‡πŸ‘‡πŸ‘‡
Re: The Banker Who Bought Government Land by allen113: 11:36am On Feb 08
Thanks for sharing this wonderful but heart breaking piece.

Omoh to buy land no be small thing ooh. Na now I understand why every Ikwerre man want him pikin to study law
Re: The Banker Who Bought Government Land by PropertyQuestNG(op): 8:32am On Feb 09
allen113:
Thanks for sharing this wonderful but heart breaking piece.
Omoh to buy land no be small thing ooh. Na now I understand why every Ikwerre man want him pikin to study law
πŸ˜‚πŸ˜‚πŸ˜‚ @allen113, you don kill me with this Ikwerre man comment! But you're absolutely RIGHT!
Land matter for Nigeria, especially Lagos, no be here! E don turn war zone where only the educated, vigilant, and properly guided dey survive!
Your Ikwerre people sabi wetin dem dey do o! They understand say land na generational wealth, and if you no get lawyer for family or you no sabi the game, dem go chop your money clean!
That's exactly why I'm doing this 12 REAL CASES series so that even people wey no get lawyer for family go fit protect themselves! Knowledge na power!
Quick question for you:
Are you planning to buy land soon?
Do you know anyone currently looking for land?
Have you personally experienced any land wahala before?
Share your story make we all learn! And if you know anybody wey wan buy land, abeg TAG THEM for this thread or send them the link! We must save our people from these scammers!
Today's Case 5 go shock you even more it's about FORGED Survey Plans and how two families ended up fighting over one house!
Stay tuned, and thank you for reading and commenting! I appreciate you!
Your trusted Real Estate Lawyer,
PropertyQuestNG
0903 339 3000 (Free consultation!)
P.S.: That Ikwerre man comment sweet me die! πŸ˜‚ Make I use am for one of my future posts!
allen113:
Thanks for sharing this wonderful but heart breaking piece.
Omoh to buy land no be small thing ooh. Na now I understand why every Ikwerre man want him pikin to study law
1 Reply

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