Toke Makinwa Clears Air On Seized Banana Island Property


By Oyinlola Awonuga (The New Diplomat’s Entertainment, Fashion and Sports Desk)

Media personality, Toke Makinwa, has addressed the news circulating the internet that her mansion in Banana Island, Lagos, was taken over by the Asset Management Company of Nigeria (AMCON).

On Monday, reports had surfaced  on social media platforms that Makinwa’s luxury apartment in Banana Island was seized and that the property — said to have been listed among Fadeyi’s assets — was a gift to her.

The report stated that the AMCON had seized assets belonging to Festus Fadeyi and the Pan Ocean Group. It said that they were holding on to debt of over N240 billion.toke makinwa circulating the internet

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But in a statement issued through Andrea Giaccaglia, Makinwa’s publicist, the radio presenter denied the rumour on the seized Banana Island mansion.

She, however, insisted that she is the sole owner of the property in Ikoyi.

“On behalf of Ms. Toke Makinwa, we would like to address the rumour circulating the internet that Ms. Toke Makinwa’s alleged house in Banana Island was taken over by the AMCON,” she said.

“Ms. Toke’s is the sole owner of her residence in Ikoyi. Our lawyers have been contacted and legal action will be taken against the originators of this story.

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Toke Makinwa is a Nigerian radio personality, television host, vlogger, lifestyle entrepreneur and author who is known for hosting The Morning Drive on Rhythm 93.7 FM and for her YouTube vlog series Toke Moments.

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Babajide Okeowo
With a career spanning over a decade spent across the Business, Political and Entertainment beats of prominent media organizations in Nigeria, Babajide Okeowo has carved a niche for himself as a Journalist of repute. As a newsroom guru, he has penned several weighty narratives and designed content that speak to a news medium's values, vision and mission while ensuring that the content resonate pretty well with a variety of critical audiences across Nigeria and beyond. A consummate storyteller whose coverage of the business industry is valuable, Okeowo is blessed with a vast analytical mind and data interpretation skills. In his spare time, he interprets data for a Leading American University while also volunteering for a Non-Governmental Organization on Mindset Transformation. Okeowo is the Content Editor of The New Diplomat.

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