Over 30 property owners at Treasure Park & Gardens, City of David Estate, Simawa, Ogun State, have dragged real estate firm, Adron Homes & Properties Limited, its Chief Executive Officer, Adetola Emmanuel King, and its facility management company to court over alleged imposition of services, extortion and unlawful electricity disconnection.
The aggrieved residents, led by Mr Olabode Lukman Cole, alleged in their suit that Adron Homes was treating them like tenants despite their outright purchase of plots of land and payment for development levies within the estate.
According to the statement of claim, the residents said Adron promised during sale that it was only a developer and would hand over the estate to landowners after completion. They claimed the company assured them it was not an estate manager and would not interfere in the day-to-day running of the estate.
Contrary to the promise, the claimants said the firm imposed a facility management company and took unilateral decisions on the management of the estate, including the appointment of a security outfit without residents’ input.
They accused Adron of sidelining a duly registered residents’ association which had been managing estate affairs through committees, alleging that the company disrupted an already functional structure and replaced it with imposed services.
On power supply, the residents said Adron introduced a 33KV electricity line and collected payments with a promise of steady power. However, they alleged that the firm later installed its own prepaid meters without the involvement of Ibadan Electricity Distribution Company (IBEDC), the statutory supplier in the area.
They said the company now sells electricity at N231.45/kwh, which they claimed is above the NERC-approved rate of N209.50/kwh. Despite this, they alleged that power supply became epileptic from late 2022, while complaints to Adron were ignored.
The claimants added that the company introduced fresh policies through a circular dated June 5, 2023, which included the planned introduction of access cards to control entry into the estate and removal of street name plates funded by residents.
They alleged that the company’s owner, King, insisted publicly that he owned the estate and could make any decision unilaterally, even against the interests of landowners.
They said when efforts at the Ogun State Multi-Door Courthouse failed due to the company’s refusal to sign an agreement, they approached the court for redress.
Among other reliefs, they are asking the court to declare that they are not tenants, that Adron has no right to unilaterally manage the estate, and that it lacks the licence to sell electricity without NERC’s approval.
However, in its defence, a team of lawyers from Afe Babalola (SAN) & Co., led by Ola Faro, denied the claims, stating that Adron did not promise to hand over control of the estate to the residents.
They argued that Adron had developed infrastructure including fences, roads and estate gates before sales and only charged infrastructure fees for maintenance purposes.
On the electricity issue, the defence stated that IBEDC had refused to install individual meters and insisted on a central system, prompting Adron to install the 33KV line and engage a third-party firm to manage supply and vending.
The firm maintained that the residents agreed to this arrangement and that Adron had spent millions on the power infrastructure.
Justice M. Akinyemi of the Ogun State High Court had earlier ordered all parties to maintain status quo in a ruling delivered on March 10, 2025. But tensions escalated after Adron allegedly disconnected power supply to some claimants in early May over their refusal to pay a N250,000 annual maintenance levy.
The residents filed contempt proceedings on May 15