Land Grabbing: FCT Police Commissioner Vows Crackdown, Urges Investigative Journalism in Real Estate.
As land grabbing and fraudulent activities continue to plague the real estate sector, the Commissioner of Police, Federal Capital Territory (FCT) Command, CP Adewale Ajao, has pledged to intensify efforts to combat land related crimes. He emphasized the importance of investigative journalism in exposing fraud and protecting investors in the sector.
CP Ajao made this known at the official launch of Property Brokers Magazine in Abuja, themed: “Securing the Future: A New Lens on Africa’s Real Estate Development.”
Describing the launch as timely, the Commissioner noted that journalists who are committed to investigative reportingsuch as the magazine’s publisher, Matthew Ibadin can play a pivotal role in uncovering fraudulent practices and bringing perpetrators to justice.
“Land grabbing is a serious threat to the real estate sector and to national security. It discourages investment and leaves many citizens defrauded. We will continue to work closely with the media and other stakeholders to ensure transparency and accountability,” CP Ajao stated.
On his part, Matthew Ibadin, Publisher and Executive Chairman of Property Brokers Magazine, emphasized the need for sustained collaboration between media professionals, law enforcement, and key stakeholders in the real estate industry to tackle systemic issues.
Also speaking at the event, Ikem Ume Ezeako, CEO of Homes and Homes Real Estates, highlighted the numerous challenges facing the sector, ranging from weak regulation to the lack of investor confidence due to widespread fraud.
“The sector needs credibility. When buyers and investors are assured of due process, the industry will thrive,” Ezeako added.
Stakeholders at the event expressed optimism that increased media scrutiny, combined with robust law enforcement, would help restore integrity to the industry and curb the rising trend of land fraud.
