Real Estate Scams: Fake Agents, Forged Titles Threaten Nigerians’ Life Savings

Thousands of Nigerians risk losing their life savings to alleged real estate fraud involving forged title documents, fake agents and disputed ownership, with an Abuja-based estate surveyor alleging that some cases involve insiders in land administration institutions.
Principal consultant at Osadolor A. & Associates Estate Surveyors & Valuers, Aisien Emmanuel, called for stronger regulation of estate agency and the prosecution of public officials found to have facilitated fraudulent transactions.
Emmanuel attributed the problem partly to the activities of unqualified property operators and inadequate regulation, urging Nigerians to engage registered professionals and verify property do...