The Federal High Court in Lagos has ordered temporary control of a disputed Victoria Island property to be placed in the hands of a Receiver and Manager following a legal action instituted by Maryam Sani Abacha against Levitikal Realties and Construction Limited.
Justice Ambrose Lewis Allagoa issued the interim order on September 29, 2026 in relation to the property at 68 Molade Okoya Thomas Street, off Ajose Adeogun Street, Victoria Island.
The court restrained Levitikal Realties, its directors, representatives, agents and anyone acting on its behalf from selling, transferring, assigning, mortgaging, leasing or otherwise encumbering the property pending consideration of the application for an interlocutory injunction.
The property is covered by a Certificate of Occupancy dated July 4, 1988 and registered at the Lagos State Lands Registry.
The interim decision followed an application filed by Abacha through her counsel, Adedayo Adesina.
Justice Lewis Allagoa also prohibited steps that could interfere with or prejudice the subject of the litigation while proceedings remain pending.
The court appointed the Deputy Chief Registrar of the Federal High Court, or an appropriate official serving as Official Receiver, to assume possession and control of the property pending further proceedings.
As an alternative, the court approved the appointment of Bola Adebule and Company, Estate Surveyors and Valuers, or another qualified property management company registered with the Lagos State Real Estate Regulatory Agency.
Levitikal Realties was also restrained from presenting itself to third parties as having authority to sell, transfer, mortgage, lease or otherwise dispose of the property.
The dispute is connected to a joint venture arrangement involving the proposed development of a high rise property on the site.
Court documents indicate that the landowner subsequently terminated the agreement over alleged breaches by the developer.
Those allegations remain matters before the relevant legal processes and have not been finally determined by the court.
The disagreement has also resulted in arbitration proceedings.
The property had previously attracted attention from the Economic and Financial Crimes Commission.
Reports in August 2026 said the development had been marked by EFCC officials with a notice warning people to keep away during an alleged investigation.
Those reports did not establish any final finding of wrongdoing against the parties.
Justice Lewis Allagoa authorized publication of the interim orders to alert prospective purchasers, lenders, investors and other interested parties that litigation concerning the property is pending.
The court also directed relevant security and law enforcement agencies to provide assistance required to implement its orders.
The matter was adjourned until November 9, 2026.
