Court Restrains Godmade Homes, Ayoolanrewaju Kuyebi Over Ikoyi Property Dispute

Justice (Dr.) Rosul Oriyomi Olukolu of the High Court of Lagos State, has granted an interim injunctions against Godmade Homes Limited and its alter-ego, Ayoolanrewaju Kuyebi, over a disputed property located at Osborne Road in Ikoyi, Lagos.

Justice Olukolu granted the interim injuctions against Godmade Homes and Kuyebi, on March 4, 2026, while granting an exparte motion filed and argued by AbdulHakeem Adio, counsel to the applicants, Two Aprils Limited in a suit marked LD/853CM/2026.

The motion according to the applicants’ lawyer was brought pursuant to Order 43 Rules 1; Order 9 Rules 5 of the High Court of Lagos State Civil Procedure Rules 2019; Sections 10 13 and 18 (1) to (4) of the High Court Laws of Lagos State 2003, and under the court’s inherent jurisdiction as preserved by Section 6 (6)(b) of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended).

Granting the interim injunctions, Justice Olukolu held that: “Upon reading a 12-paragraph affidavit and 29-paragraph affidavit of urgency filed at the High Court Registry in Lagos on the 2nd March, 2026. And after hearing AbdulHakeem Adio, counsel to the Applicant moves the Motion Exparte dated and filed on 2 March, 2026.

“The application is anchored on the following ten grounds. The orders granted by the Honourable Court are as follows, to wit: “an order of interim injunction is hereby granted restraining the 1st and 2nd Defendants, whether by themselves, their affiliates and or sister companies or entities, their directors, officers, servants, agents, assigns or privies and or however called in relation to the Defendants, from disturbing, interfering, disposing, transferring, selling, assigning or dealing with the 1st Claimant’s property described as one (1) unit of 5-Bedroom Terrace Duplex with 1-Bedroom Boys’ Quarters situate at Esplanade 6 (Former EGC5), Iroko Close, Osborne Foreshore II, Ikoyi, Lagos State (Unit 1 which is the first unit from the entrance), as contained in the offer letter dated 6th July, 2022, in fundamental breach of the terms of the Contract of Sale dated 4th November, 2022, pending the hearing and determination of the Motion on Notice filed alongside.

“An order is hereby granted granting leave to the Applicants with the assistance of the Sheriffs of this Honourable Court to take possession of, or alternatively mark the phrase, “subject of litigation” on the property described as one (1) unit of 5-Bedroom Terrace Duplexes with 1- Bedroom Boys’ Quarters situate at Esplanade 6 (Former EGC5), Iroko Close, Osborne Foreshore II, Ikoyi, Lagos State (Unit 1 which is the first unit from the entrance)being the property allocated to the claimants/applicants as contained in the offer letter dated 6th July, 2022, in line with the terms of the Contract of Sale dated 4th November, 2022, pending the hearing and determination of this suit.”

Based on the court document available to the public, it was gathered that Godmade Homes held itself out as a reputable property development company with the capacity to develop and deliver units of 5-Bedroom Terrace Duplexes with 1-Bedroom Boys’ Quarters situate at Esplanade 6 (Former EGC5), Iroko Close, Osborne Foreshore II, Ikoyi, Lagos State, off-plan with specified facilities and amenities. It was based on this representation that Two Aprils Limited subscribed to purchase One {1} Unit of 5-Bedroom Terrace Duplex with 1-Bedroom Boys’ Quarters from the Respondent.

The terms of the sale of the aforementioned property were as contained in the Contract of Sale dated 4th November 2022 validly executed between Two Aprils and the defendants for a value of the sum of ₦295,500,000.00 (Two Hundred and Ninety-Five Million, Five Hundred Thousand Naira) wherein the delivery date of the property is to be made by the Defendants not later than 31st July 2024 in line with Clause 2a (viii) of the Agreement.

The Claimants/Applicants made a payment of the sum of N247,260,000.00 (Two Hundred and Forty-Seven Million, Two Hundred and Sixty Thousand Naira) to the defendants despite the fact that the defendants did not comply strictly with the timelines stipulated for the delivery of the property.

In line with their agreement, Godmade Homes issued a Letter of Allocation dated 21st May 2024 to the Claimants/Applicants. But Godmade Homes and its alter-ego continued to shift the due date for delivery and repeatedly breached other terms of the contract.

The Solicitors to Godmade Homes, vide a letter dated 16th February, 2026 gave an indication that their client reserve the liberty to resell the property to another purchaser while demanding for the payment of a unilaterally increased purchase price of the sum of N450,000,000.00 (Four Hundred and Fifty Million Naira) less the sum of money already paid by the Claimants.

The applicants vehemently rejected the respondents proposal for an increase in price in the sum of N450,000,000.00 (Four Hundred and Fifty Million Naira) from the initial price of N295,500,000, vide the respondents’ Solicitors letter dated 19th February 2026.

For insufficient reasons, the respondents suddenly and unilaterally terminated the Contract of Sale vide its letter dated February 23, 2026.

There is the need to restrain the Respondents from reselling the property to another party(ies).

It was based on the above facts that the court granted the Claimant’s reliefs and restrained Godmade Homes and Ayoolanrewaju Kuyebi pending the hearing of the motion on notice.

Further hearing of the matter has been adjourned to April 2, 2026.