Popular clergyman Pastor Matthew Ashimolowo has shared how he lost 30 acres of land due to an oversight from his surveyor in Omu Arogun, Ogun State.... CLICK TO READ THE FULL NEWS HERE▶▶
The Global President of the Kingsway International Christian Centre recalled the incident in a recent interview.
He mentioned that despite having the authority to demolish structures built on the land by the Ogun State Government, he couldn’t bear to see 180 families lose their homes.
He explained that the families affected were unaware that he was the rightful owner of the disputed land.
“I have experienced where I got the approval to demolish more than 180 houses. I used to own 900 acres in Mowe and when the Surveyor was showing the landguards where to wall and protect the land, he missed out 30 arches,” he said.
He continued: “The land owners went and sold it again even though my C of O covered all 900. But 30 acres of land has been built on. That is a lot of money which is 180 plots. So we went to Ogun State, they gave us demolition approval and they were to come with their soldiers and police to guard those who would demolish.”
“180 houses? 180 families! 180 breadwinner and his wife and family. I just had to say let us let go. Let us move forward. I let go of 180 plots and the people dont even know me. I never even went there.”
Pastor Ashimolowo also disclosed how he lost about 200 million in bank shares through investments in Nigerian banks.
Ashimolowo shared that he had invested millions in several banks, but none of these investments yielded the expected returns.
He warned that instead of investing in bank shares, Nigerians should consider investing in real estate, which he believes is more profitable.
He made this statement in a video that went viral on Monday, amid growing calls from banks for the public to purchase their shares.
