The royal family of Onigbanko ruling house in Oriade Local Council Development Area of Lagos State has warned the public that its land is not for sale. It warned the public to stay clear of the large expanse of family land lying and situated at the Island of Irede and other communities, which form the Onigbanko kingdom - Teddy, Muwo, Abule-Oshun, Etegbin, Esepe, Obele, Imushin, Araromi Ale and Ashogun, all belonging to the family.
The family gave the notice in a release issued after a resolution of the chiefs and principal members of the Onigbanko Royal Family reached at a meeting held recently.
Speaking on the development, the Oba-elect of Onigbako/Irede kingdom, Prince Muritala Shittu Molade, said: "This resolution was a reaction to the fraudulent activities of some individuals who are parading themselves as the owners and lawful representatives of the Onigbanko Royal Family. These elements have been courting potential investors for the illegal sale of the land in question.
"The grapevine is also rife with news that some solicitors representing some investors from the United Arab Emirates have conducted search on the land with a view to purchasing same from these unauthorized persons. We hereby advice members of the public to desist from dealing with anybody with respect to the said land. Any transaction consummated with any unauthorized person will be totally at the purchaser's risk."
The Oba-elect also stated that despite the fact that the issue of kingship of the kingdom is still subject to litigation in suit number BD/2098GCMW/16, the family still has principal members who make decisions that include the disposal of the family property.