Court restrains firm, director from property
Lagos State High Court in Tapa has granted interim injunctions restraining Godmade Homes and its alter ego, Ayoolanrewaju Kuyebi, from dealing with a disputed property at Osborne Foreshore II, Ikoyi,
Lagos State High Court in Tapa has granted interim injunctions restraining Godmade Homes and its alter ego, Ayoolanrewaju Kuyebi, from dealing with a disputed property at Osborne Foreshore II, Ikoyi, Lagos.
Justice Rosul Olukolu granted the orders following an ex parte motion by Two Aprils Limited in suit LD/853CM/2026.
The motion was moved by AbdulHakeem Adio, counsel to the applicants, who urged the court to restrain the defendants from tampering with or reselling the property pending hearing of a motion on notice.
Justice Olukolu ordered that the defendants, whether by themselves, their affiliates, directors, officers, servants, agents or privies, must not disturb, interfere with, dispose of, transfer, sell, assign or otherwise deal with the property pending hearing and determination of the motion on notice.
The property in dispute is described as one unit of a five-bedroom terrace duplex with a one-bedroom boys’ quarters at Esplanade 6 (Former EGC5), Iroko Close, Osborne Foreshore II, Ikoyi, Lagos State (Unit 1, the first unit from the entrance).
The court also granted leave to the applicants, with assistance of the bailiff, to take possession of the property or mark it “Subject of Litigation” pending determination of the suit.
Court documents said Godmade Homes had presented itself as a reputable property development company capable of delivering the off-plan residential units with specified facilities and amenities.
Based on this representation, Two Aprils Limited subscribed to purchase one unit of the five-bedroom terrace duplex with a one-bedroom boys’ quarters.
Read Also: Abbas: Climateinaction could cost Nigeria $460 billion
The terms of the sale were contained in a Contract of Sale dated November 4, 2022, executed for N295,500,000, with the delivery date fixed for July 31, 2024.
The claimants stated that they had paid N247,260,000 toward the purchase despite delays in the project.
They further stated that Godmade Homes later issued a Letter of Allocation dated May 21, 2024, but allegedly continued to shift the delivery date and breached other terms of the agreement.
Trouble, however, arose when the defendants’ solicitors, in a letter dated February 16, 2026, indicated that their client reserved the right to resell the property and demanded payment of a revised purchase price of N450,000,000, less the amount already paid.
The applicants rejected the proposed increase in a letter dated February 19, 2026, insisting that the original contract price remained binding.
They also alleged that the respondents subsequently terminated the contract through a letter dated February 23, 2026, prompting them to approach the court for protection.
The court adjourned the matter to April 2, 2026, for further hearing.
