The Federal Competition and Consumer Protection Commission (FCCPC) has taken enforcement action against Paradise Estate, located in Life Camp Extension, Abuja, over alleged breaches of consumer protection regulations.
The commission ordered the closure of the estate following a series of complaints from property buyers who claimed they had completed payments for housing units that were never delivered.
According to the FCCPC, the decision to shut down the facility came after repeated attempts to secure compliance from the estate’s management proved unsuccessful. The agency said it had received multiple petitions highlighting the issue, alongside other alleged infractions.
Despite regulatory interventions, the management of the estate reportedly failed to respond adequately or take corrective action, leading to the escalation of enforcement measures.
The commission stated that continued disregard for its directives ultimately necessitated the sealing of the property to prevent further consumer harm.
Reaffirming its position, the FCCPC emphasised its commitment to safeguarding consumer rights and ensuring fairness in business practices, particularly within the real estate sector.
It also issued a warning to developers, urging them to uphold contractual obligations, maintain transparency in transactions, and comply fully with consumer protection laws to avoid similar actions.
