The Federal Competition and Consumer Protection Commission (FCCPC) sealed three properties belonging to Paradise Estate Limited in Abuja on Thursday after the company failed to hand over houses that buyers had fully paid for. Deputy Director of Surveillance and Investigation, Mavin Nadah, stated the enforcement action followed the firm's non-compliance with a compliance notice issued on February 24, 2026, which gave the company seven days to deliver the properties. The commission received multiple consumer complaints against Paradise Estate Limited, all of which went through due redress procedures before the formal determination was made. Nadah emphasized that the FCCPC's actions were lawful under the Federal Competition and Consumer Protection Act (FCCPA) 2018, noting that some buyers had waited over three years without receiving the homes they paid for. Representing the company, Head of Legal Aloysius Ezenwa expressed dissatisfaction with the sealing, asserting that the transactions were covered by valid 'Contract of Sale' agreements.

💡 NaijaBuzz Take

The FCCPC moved against Paradise Estate Limited for ignoring a compliance notice, yet the company claims its contracts shield it from enforcement—raising questions about how binding such agreements are when homes remain undelivered for over three years. Buyers who paid in full now face prolonged uncertainty, their ownership claims stalled by a legal standoff they did not create. The commission's action may signal stronger oversight, but for those without homes, the value of sealed properties offers no shelter. Enforcement without immediate restitution leaves consumers in limbo, regardless of the legal basis.

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