The enforcement exercise, carried out on Thursday at different locations in the Federal Capital Territory, affected the premises of Ochacho Group in Lifecamp extension and of TI’BLON Construction in Wuse II.
The action, according to the Commission, followed repeated non-compliance with regulatory directives issued to the developers after the Commission received verified complaints from aggrieved property subscribers.
Leading the enforcement team, Marvin Nadah, Deputy Director of Surveillance and Investigations at the Federal Competition and Consumer Protection Commission, said the decision to seal the properties was taken in line with provisions of the FCCPC Act, 2018.
He explained that affected developers had failed to comply with formal notices issued by the Commission, despite being given adequate opportunity to resolve complaints involving subscribers who had fully paid for properties, some of which had remained undelivered for over three years.
According to him, the Commission had earlier issued compliance directives following its redress process, ordering the developers to hand over the properties, but the orders were ignored.
