A Nigerian-American engineer, Anthony Ugbebor, has approached the Court of Appeal, Lagos Division, seeking to overturn a Lagos State High Court judgement which held that his agreement with property developer Olukayode Olusanya and Oak Homes Multinational Services Limited for the purchase of two luxury apartments had been extinguished by the doctrine of novation.
In a Notice of Appeal filed through his Counsel, Nasir Salau and Ibrahim Mahmud, Ugbebor is urging the appellate court to set aside the June 15, 2026 judgement delivered by Justice Akingbola George of the Lagos State High Court sitting at Osborne, Ikoyi. He is also asking the court to grant his counterclaim, by ordering the developer to specifically perform the sale agreement and deliver the apartments in accordance with the contract.
The dispute arose from Suit No. LD/4471LM/2023 filed by Olukayode Olusanya and Oak Homes Multinational Services Limited against Ugbebor and the Economic and Financial Crimes Commission (EFCC) over alleged trespass on two three-bedroom luxury apartments located at No. 14A Musa Yar’Adua Street, Victoria Island, Lagos. While the trial court dismissed most of the developers’ claims, it held that the parties’ subsequent conduct amounted to a novation that extinguished the original agreement and consequently ordered the refund of the ₦152 million already paid by Ugbebor.
