Lagos Gov’t recovers N270m from fraudulent estate agents

Nigeriannewsdirect | 28-05-2026 11:57am |

The Lagos State Government has announced the recovery of N270,020,500 intended for residents who fell victim to fraudulent real estate transactions. This recovery was made possible through the efforts of the state's Taskforce on Land Grabbers, which has been actively addressing issues related to fraudulent estate agents. The government emphasized its commitment to protecting citizens from scams in the real estate sector and ensuring that justice is served for those affected. Further measures are expected to be implemented to prevent future occurrences of such fraudulent activities.

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