Court adopts settlement terms
Capital Gardens Limited apologized to Adewale Oladapo and Oretol Nigeria Limited, leading to a Lagos State High Court consent judgment.Summary
Capital Gardens Limited, owned by Kennedy Okonkwo, has issued a public apology to Adewale Oladapo and Oretol Nigeria Limited for false publications and misrepresentations concerning a land dispute on Hampton Island Estate in Lagos. The apology is a key component of the settlement terms adopted by Justice Jumoke Pedro of the Lagos State High Court on January 13, 2026, effectively resolving the dispute. The initial disagreement stemmed from a 2020 agreement where Oretol, the estate developer, promised to allocate four hectares of land to Capital Gardens upon full reclamation, but the project became commercially unviable due to pandemic-related delays and increased costs. Capital Gardens then initiated legal action and made public allegations, which they have now retracted. Court records confirm that Hampton Estate is a 40-hectare, government-approved development, and the litigation only concerned a submerged, unreclaimed four-hectare portion. With the consent judgment, all claims have been settled, and no further issues remain before the court.
(Source：The Nation Newspaper)