Lagos - Officials from the Lagos State Taskforce on Environmental and Special Offences on Tuesday reclaimed an estate believe to be worth more than N2 billion from suspected land grabbers.
The estate, situated at Gbagada area in Lagos State, was seized on Tuesday morning while suspected thugs caused panic among residents, Nigerian Tribune reveals.
The estate is believed to have been built by Stardust Estate Limited after the property was purchased from the Lagos State Government in 2007.
Suspected land grabbers had seized the property from the developer.
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A court judgement from the High Court of Lagos showed that the family whom the property was said to have belonged to had been restrained from seizing the land but the family proceeded to sack the developer in any case.
The Chairman of the Taskforce, CSP Bayo Sulaiman, insists that Satrdust acquired the land legally from the Government and were therefore eligible to build an estate upon it.
In addition, the developer obtained a valid Certificate of Occupancy (C-of-O) for the property.
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