Lagos Developer Jailed 10 Years for Defrauding 133 Victims of N25 Million

A Lagos developer has been sentenced to 10 years in jail for defrauding 133 victims of N25 million, according to Governor's housing advisor Bakarat Odunuga-Bakare.

A Lagos State court has sentenced a developer to 10 years in prison for defrauding 133 victims out of N25 million. The victim, Bakarat Odunuga-Bakare, Special Adviser to the Governor on Housing, made the disclosure during a press briefing. According to Odunuga-Bakare, the developer had been using false pretenses to collect rent payments from his victims, ultimately amounting to a significant financial loss for many individuals. The development marks a significant crackdown on fraudulent activities in the state's real estate sector.