Court Orders Lagos Businesswoman to Return Property to Ex-Husband

A Lagos-based businesswoman and former NTA staff, Ms. Olufunke Otti, has been ordered by the Lagos High Court to return a property she unlawfully acquired from her ex-husband, Chief Isaac Morakinyo Jolapamo.

Delivering judgment in suit No. LD/3034LM/2022 on March 26, 2026, Justice Olufolake Olufolashade Adewunmi-Oshin declared that the property located at 23A & B Olusegun Aina Street, Parkview Estate, Ikoyi, Lagos, rightfully belongs to Chief Jolapamo and not Ms. Otti. The court consequently ordered her to relinquish the property to him.

In addition, the court directed Ms. Otti to refund N410,347,000.00 to Chief Jolapamo, representing the outstanding balance from the proceeds of the sale of two vessels.

She was also ordered to remit N63,000,000.00, being rental income collected from tenants between 2018 and 2021. Furthermore, the court awarded N5 million in general damages against her.Full Details. .