The Federal Competition and Consumer Protection Commission (FCCPC) has sealed Paradise Estate in Abuja over allegations of failure to deliver homes to customers who made full payments.
FCCPC disclosed this on Monday, explaining that consumer protection is not limited to everyday retail purchases but also extends to major financial commitments such as housing, where many Nigerians invest their life savings based on developers’ promises.
“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 said.
The agency maintained that businesses must not make promises they cannot fulfil, stressing that where payment has been received, agreed timelines must be honoured, delays properly explained, and lawful remedies provided where obligations are unmet.
FCCPC also emphasised that confidence in housing markets depends on transparency, honest communication, proper record-keeping, and delivery in line with commitments.
It urged affected consumers to submit relevant documents, including evidence of payment and correspondence, through complaints.fccpc.gov.ng.
