Buyer Demands ₦24m Refund from Ochacho Real Homes Ltd

Mr. Elue Collins Asika has threatened legal action against Ochacho Real Homes Ltd due to an alleged failure to refund ₦24 million paid for two plots of land, identified as Plot SD 26A and Plot SD 26B, within the company's development. Asika claims he paid ₦12 million for each plot, totaling ₦24 million, but alleges that the company reallocated the plots after he completed the payment.
Through his solicitors, Chigbue & Chigbue, Asika issued a formal demand letter on August 11, 2026, requesting an immediate refund and giving Ochacho Real Homes Ltd seven days to comply. He stated that if the company fails to refund the amount within the stipulated period, he would have no choice but to initiate legal proceedings to recover the funds and seek other legal remedies.
Asika insists that he is entitled to either the plots he purchased or a full refund of the amount paid.
Plus234Feed summary based on reporting from The Authority. Read the original report below.
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