By Maduka Nweke
Real estate marketer, Mr. Ndubuisi Simon Chikeluba, has described the dispute between Adron Homes and a client at Akinbo as a familiar occurrence in Nigeria’s property market, where financial instability often disrupts development plans after land acquisition.
According to Chikeluba, a recurring pattern in the industry involves clients who, upon receiving a windfall, hastily purchase land without fully understanding the contractual obligations involved.
“People sometimes come into large sums of money and rush to invest in property. “But after the initial excitement, the fine print in the agreement begins to surface and by then, the documents have already been signed.”
He noted that when clients are unable to meet the stipulated terms and conditions post-purchase, they face significant financial and legal risks. “It becomes a case of either sourcing more funds to fulfill the agreement or risking forfeiture,” he added.
He harped on the need for buyers to seek proper guidance and fully understand contractual commitments before making such investments.
Adron Homes & Properties Ltd. has found itself at the centre of public attention following a dispute with a client, Mr. Solomon Oludare Akinbo, which has recently surfaced in the media. What began as a private transaction between both parties has become a subject of wider discussion, after a report by the Foundation for Investigative Journalism (FIJ) published on May 22, 2025, alleged that the company failed to refund payment for a plot of land at its Treasure Park and Gardens, Phase 2, located in Shimawa, Ogun State.
The report claims that Mr. Akinbo, having made full payment for the property, was subsequently denied a refund, prompting public interest in the case. However, Adron Homes has strongly refuted the allegations, accusing the publication of spreading misleading and damaging information.
“We would like to express our strong disappointment that FIJ did not take the necessary steps to reach out to us for verification of these claims before making such serious allegations,” the company stated.
It added: “The report contains significant misrepresentations that we categorically reject as malicious, defamatory, and misleading. It is imperative that we clarify the facts not only for the benefit of the public but also for our esteemed clients who trust us.”
In its clarification, the company explained that Mr. Akinbo was not denied his entitlement, nor was his request for a refund refused. Instead, Adron Homes said it acted in accordance with the terms of the agreement both parties had signed.
“In fact, land was provisionally allocated to him, aligning with his initial expressed intent to construct a building on the plot,” the company said. “Our allocation policy, which is explicitly detailed in the Contract of Sale that Mr. Akinbo signed, stipulates that clients must formally indicate their readiness to build through a written notice before the allocation is finalized.”
The company emphasized that this requirement is not arbitrary, but rather an essential part of its development strategy. “This policy is designed to facilitate a well-planned development process and to prevent the occurrence of undeveloped or abandoned plots across our estates,” Adron Homes added.
Reaffirming its commitment to professionalism and customer satisfaction, the company said it remains open to engaging with clients and resolving any concerns through proper communication channels.
“Additionally, it is crucial to point out that Mr. Akinbo voluntarily requested that Adron Homes manage the construction of his building project. Following his request, he selected a design for his building, and we prepared a detailed Bill of Quantities (BOQ) for his review. At no point was either Mr. Akinbo or his legal representative coerced into accepting this proposal, as they have inaccurately claimed. We uphold a policy of allowing all our clients the freedom to engage any registered builder or construction engineer of their choice.
“The allegations that Adron Homes solicited additional payments from Mr. Akinbo are entirely unfounded. Such statements are simply untrue and reflect a blatant intent to defame our company.
We encourage the public to disregard these inaccurate claims in their entirety. Concerning the matter of the refund request, it is important to highlight that Adron Homes has a transparent refund policy explicitly outlined in the same contract signed by Mr. Akinbo. This policy requires him to submit a written refund request. Upon receipt of such a request, Adron Homes will provide a Refund Form for him to complete, sign, and return. Moreover, Mr. Akinbo is expected to return all contractual documents currently in his possession before we can proceed with the closure of his account and the issuance of his refund cheque. Regrettably, despite multiple official communications reminding him of these requirements, both he and his legal representative have not complied,” it said.