Barrage Of Comments As Toke Makinwa Loses House To AMCON

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Comments hit the rooftop on Monday, as media personality, Toke Makinwa, reportedly lost possession of her Banana Island house to Asset Management Corporation of Nigeria (AMCON).

The revelation on Instagram  alleged that: “Toke’s house was given to her by her “sugar daddy”, Lagos-based oil and gas businessman, Dr. Festus Fadeyi, whose total indebtedness to AMCON is over N240 billion.”

AMCON seized the assets of Fadeyi’s Pan Ocean Oil Corporation Nigeria Limited, its affiliate companies and other properties, over an unpaid N240 billion loan debt.

Read also: Fresh Probe In NDDC As Reps Summon Pondei, Nunieh, Alaibe, Ekere, OthersToke Makinwa

Coincidentally, about a month ago, Toke Makinwa disclosed that she had purchased her dream house (Banana Island house), at a young age of 35.

Here are some compiled Twitter reactions:

Which of your daddies bought house for Toke Makinwa on credit and now AMCON has repossessed the house?@DOlusegun

How does AMCON actually operates? Who owns the money they are recovering, FG central bank or the erstwhile skye bank ??@jubril_bilal

AMCON buys bad debts from banks and because its a statutory body, it can go after any debtor through the process of court to get the loan back with interest.@OwellaShina

Read also: Nigerians React As Bob Risky Dresses As Man To His Father’s Birthday Party

Toke Makinwa: “Hardwork gave me all I have today”

If na by handwork i for dey Canada. I for no dey site dey hustle 2k

She broke shamed men. Now they’ve collected the house a married man gave her in Banana Island. 08056684225 Toke call this no, they have cheap selfcon in Ikorodu.@VictorIsrael

But she worked hard for it, with her back on the ground and her skinny legs up in the air.@praisegeorge

She will come with tea on her YouTube channel soon.https://t.co/9LrdqJlCJO@sugarcoated

What do you mean?!

Ikorodu? aunty Toke should rent an apartment in ikorodu?

Young man are you normal? Aunty Toke who is the CEO of feminist association in Nigeria. Where will she put all her Balenciaga bags and shoes? Young man be careful!@HDarmorlah

They come online to shout they are hardworking while they are packaged olosho offline chasing young men and married men. Today is one of these days, wind blow into yansh, we see dem finish.@SanmifeoluwaRR.

I hope her role model learns from her Crash…trust in da Lord, Man will fail u… 😂 😂I’ll.If ur Hoe game can afford a House in V. I. MY SISTER stay there, leave Lekki alone, if na Lekki u fit afford stay there leave Banana, cus one day Ripe Banana go fall.@dhaprof25.

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

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