Reported by: Oahimire Omone Precious | Edited by: Henry Owen
Odibola Properties Limited has reiterated its legal ownership of the Peace Park Estate land along the Obiri-Ikwerre axis in Port Harcourt, Rivers State, following recent disputes over the property. The clarification came after a meeting between the company’s CEO, Bolaji Oshobukola, and the Chairman of Obio/Akpor Local Government Area, Hon. Gift Okorie Worlu.
According to Mr. Oshobukola, Odibola Properties acquired the land from a group of medical doctors with the approval and knowledge of Rumuikini community leaders. He stated that claims by certain individuals, who allegedly posed as youth representatives, attempting to seize or intimidate investors, are unfounded.
Hon. Worlu reportedly reviewed the matter and confirmed that Odibola Properties complied with all legal and community procedures during the acquisition. The Chairman’s assessment indicated that the company neither encroached on nor illegally occupied the land, providing verification of the company’s ownership claims.
No court injunction currently restricts Odibola Properties from developing the estate, and construction activities are proceeding within the bounds of existing legal frameworks. The company emphasized the importance of relying on verified information and urged the public to disregard online content that may misrepresent the situation.
Community representatives from Rumuikini also affirmed the legitimacy of the transaction. A youth leader identified as Apostle confirmed that the land sale was known to the elders and that the company has permission to continue its projects. These statements suggest that local stakeholders recognize the sale and development plans.
The dispute surrounding Peace Park Estate appears to have been mitigated through dialogue involving the local government, company representatives, and community leaders. Analysts note that resolving such disputes can help stabilize investor confidence and encourage further real estate development in the area.
Observers point out that land conflicts in urban centres like Port Harcourt often involve overlapping claims, differing interpretations of community authority, and misinformation circulating online. In this case, verification by both local government authorities and community leadership plays a key role in establishing ownership clarity and preventing potential escalation.
With the confirmation of Odibola Properties’ legal status and community backing, development at Peace Park Estate is set to continue, providing a precedent for how legal procedures and local engagement can be used to address land disputes in Rivers State.
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