An Abuja-based estate firm – Promiseland Estate, owners over 32 units housing estates spread across Abuja, has dragged another firm – a Lebanese-owned Sunrise Estate to an Abuja court over alleged character defamation.

The firm is also demanding N50 billion to compensate for damages done by alleged malicious allegations sponsored against its management.
“Sunrise Estate had in a notice of litigation sponsored on various news outlets, warned the general public against buying the plots 580 & 581, Kugbo District, Abuja, being marketed by Promiseland Estate.”

The publication read in part: “The general public is hereby warned not to deal with Promiseland Asokoro Hilltop or any other person advertising to sell lands in LOTS 580 & 581 as they risk losing their money, and may be committed to prison for contempt of court.”

But Promiseland in its reaction, held that contrary to claims made by Sunrise, there was no pending litigation involving Promiseland Estate in connection with Plots 580 & 581.

Noting the the misinformation planted by Sunrise was capable of tarnishing its image, the firm therefore urged its accusers to come forward with their evidence of their claims.

“We challenge the accusers to provide concrete evidence of any legal action against our company.

“This misinformation tarnishes our reputation and damages our business interests.”

The firm further warned that it will not tolerate false accusations that affect its reputation and business negatively.

“We are initiating legal proceedings against those responsible for spreading these falsehoods.

“We are seeking N50 billion in damages for defamation, intending to set a precedent that false claims will not be taken lightly.

We urge the public to disregard the unfounded allegations and await the legal process to unfold. Promiseland Estate is confident that the truth will prevail, and we will be vindicated.”

Promiseland also urged prospective buyers not to be swayed by baseless accusations but rely on verified information.

“Promiseland Estate owners remains committed to upholding the highest ethical standards in all our business dealings.

“Our vision at Promiseland Estate is clear – to move people from poverty to prosperity through real estate investment.

“We are committed to building 100,000 homes in the next ten years and providing seamless housing solutions through innovative investment schemes for the benefit of all, both in Nigeria and the diaspora.

“Our dedication to integrity, trust, and sustainability remains unwavering. We will continue to develop communities that promote environmental, social and economic prosperity.”

Adding: “Over the past decade, we have prioritised our clients’ needs and promise to uphold the highest standards in all our business dealings.

“Our offices and phone numbers remain opened for prospective clients and subscribers”, it said.