The Federal Competition and Consumer Protection Commission, (FCCPC) has called on Nigerians to report housing-related disputes, warning developers against failing to deliver on promises made to homebuyers.
In a statement posted on its official X handle, the Commission said consumer protection extends beyond everyday purchases to include major investments such as real estate transactions.
It explained that many Nigerians commit life savings to housing projects based on assurances from developers, stressing that such commitments must be honoured.
“Consumer protection is not limited to everyday retail purchases. It also applies to major financial commitments such as housing,” the Commission said.
The FCCPC also confirmed regulatory action on Paradise Estate in Abuja following complaints from subscribers who alleged that they paid in full for homes that were not delivered.
“Following complaints… including allegations that some buyers completed payment but have not received the homes promised to them, FCCPC has initiated regulatory action,” it added.
The agency warned that developers must adhere strictly to agreed timelines and provide lawful remedies where obligations are not met, noting that trust in the housing sector depends on transparency and accountability.
It urged affected consumers to submit relevant documents and evidence through its official complaints portal for investigation and possible redress.