Lagos High Court Rules in Favor of Businessman Felix Ezeamama, Grants Ownership of Ikoyi Property

Taiwo Ajayi
2 Min Read
Federal High Court, Lagos State.

The dispute, centered around the property located at No 41, Kingsway Road, Ikoyi, saw Ezeamama emerging victorious following a thorough review of terms of settlement by the court. The property had been subject to controversy due to alleged unscrupulous dealings involving Ezeamama and Halima Abubakar.

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The court learned that the property was previously owned by the Federal Government of Nigeria and managed by the Federal Ministry of Housing, with 14 Federal Government civil servants as tenants. In 2005, the Federal Government initiated a policy to sell its landed property, including the one in Ikoyi, prompting the setting up of a Presidential Implementation Committee.

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Following failed negotiations with the Federal Ministry of Housing and Urban Development, the sitting tenants entered into an agreement with Web Towers Limited in 2008, granting the company rights over the property in exchange for compensation. However, Halima Abubakar, not recognized as a legal tenant, contested her exclusion.

In a judgment rendered in suit (LD/2036GCMW/16), the court ordered Abubakar to vacate the premises upon receipt of compensatory payment from Web Towers Limited, mirroring actions taken by other tenants. This ruling solidifies Ezeamama’s ownership of the contentious property in Ikoyi.

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