REAL ESTATE

Murphy Adebare demands justice over Sango Tedo land

&NewLine;<p>Given the successive government’s quest for citizens’ shelter&comma; the role of <strong>real estate<&sol;strong> development in a multidisciplinary approach to evolving sustainable community development in the Nigeria system cannot be overemphasized&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In Lagos state for instance&comma; former governor Lateef Kayode Jakande’s&nbsp&semi; housing legacies&comma; have been a model for subsequent governors to emulate&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Governor Babajide <a href&equals;"http&colon;&sol;&sol;www&period;punchng&period;com">Sanwo-Olu<&sol;a>&comma; has&comma; through numerous initiatives&comma; keyed into this developmental pathway&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;08&sol;Mr&period;-Jide-Durojaiye&period;&period;&period;jpg" alt&equals;"Mr&period; Jide Durojaiye&comma; Chairman-Chief Executive Officer&comma; Legrande Properties Development Company" class&equals;"wp-image-4760"&sol;><figcaption><strong>Jide Durojaiye&comma; claims he pays N300 million to acquire the land<&sol;strong><&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>He recognizes access to shelter as one of the basic human needs for survival&nbsp&semi; which&nbsp&semi; has&nbsp&semi; direct bearing on the pattern of development of&nbsp&semi; communities&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>However&comma; the emerging stories of double dealings&comma; twisted plans and buccaneered tendencies amongst players in the real estate sector with a somewhat active government’s connivance&comma; are scary not only to intending investors but to other stakeholders&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Murphy Adebare&comma; the chief executive officer of Millencoat Investment Property&comma; had conceptualized an initiative to enhance the development of communities in a manner that is environmentally&comma; economically and socially sustainable over the stretch of months&period; He evaluated all aspects of real estate <a href&equals;"http&colon;&sol;&sol;www&period;thisdaylive&period;com">development<&sol;a> within the cocoon of housing projects to stimulate development in various local communities involving the development of properties for the purpose of public housing&comma; health centers&comma; markets and hospitality&comma; among others&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;08&sol;Sango-Tedo-Deed-of-Assignment&period;jpg" alt&equals;"The Sango Tedo Deed of Assignment between Murphy Adebare and the traditional land owners" class&equals;"wp-image-4761"&sol;><figcaption><strong>The Deed of Assignment for the Sango Tedo land<&sol;strong><&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>His operational modalities and the requirements for land delivery in both formal and informal land markets in the state led him to <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">Sango Tedo<&sol;a>&comma; a surburb in the Lekki area of Lagos where the Baale of the community&comma; Alhaji Rafiu Lawal Ajakaye with Alhaji Sulaimon Major&comma; Alhaji Teslim Adewale and Alhaji Tasian Adisa Okeowo&comma; secretary signed&nbsp&semi; a land deal with Millencoat Investment Property&period; Baale Lawal Ajakaye is the village head&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Others are principal members of the Sango Tedo community in the Sango Tedo town of Ibeju Lekki Local Government Area of Lagos State according to a document cited by OpenLife&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;08&sol;Agreement-770x1024&period;jpg" alt&equals;"The agreement document between Murphy Adebare and Sango Tedo traditional owners" class&equals;"wp-image-4762"&sol;><figcaption><strong>The signed documents between Murphy Adebare and Sango Tedo traditional owners<&sol;strong><&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>In the land deal&comma; &OpenCurlyDoubleQuote;All that parcel of land that is up to 10 acres&comma; situate&comma; lying on and being at Sango Tedo town&comma; Ibeju Lekki&comma; Lagos State”&nbsp&semi; was ceded to Murphy’s Millencoat after effecting all the required payments&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>According to information available to OpenLife&comma; that was the end of the good story in an effort&nbsp&semi; to deliver the social and economic housing benefits to the community&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>To his amazement&comma; Mr&period; Jide Durojaiye&comma; Chairman-Chief Executive Officer&comma; Legrande Properties Development Company&comma; appeared on the scene in January 2020 with claims of ownership of the said 10-acre land&period; <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">Durojaiye of Alexander Court Estate<&sol;a>&comma; explained to Murphy’s engineers he met on site that he obtained relevant documents from Lagos State government&period; He added that he paid N300 million to Lagos State government to possess the land for housing development&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In his narrative&comma; Durojaiye said &OpenCurlyDoubleQuote;I am a pastor of faith&period; A real estate developer for 15 years&period; I am in 3rd partnership with government&period; I applied August 2019 on a Public Private Partnership&comma; PPP &period; We were given part of scheme in Sango Tedo&period; We paid N300 million to Lagos government&period; We were given two years to complete and we were mobilizing to site when Murphy Adejare began to threaten us&comma;” he said&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;08&sol;Demolished-structure-768x1024&period;jpg" alt&equals;"" class&equals;"wp-image-4763"&sol;><figcaption><strong>Demolished part of Murphy Adebare structure on the land<&sol;strong><&sol;figcaption><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>Meanwhile&comma; the dual claim to the said land has stagnated its development&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>To Murphy Adebare&comma; who said he acquired the land about 10 years ago&comma; nothing could be so discouraging than an attempt to contribute to an important aspect of human need&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Even as the case has received Police interventions&comma; Murphy calls on government and stakeholders&nbsp&semi; for justice&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>A source close to him says &OpenCurlyDoubleQuote;All that Murphy Adebare&comma; the <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">Chief Executive of Millencoat Investment Property <&sol;a>wants is justice&period; He owns the land&period; He validly and legitimately acquired the land from the traditional owners in Sango Tedo&period;”<&sol;p>&NewLine;

Openlife Reporter

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