NASCO Town Limited has appealed the Lagos State High Court's decision that voided the Federal Government's acquisition of 292 hectares of land.The company warned the public against any transactions involving the disputed property until the appeal is resolved.The judgment, delivered in Suit No.ID/5709LM/2025, is now under review by the Court of Appeal.NASCO emphasized that the matter is not final and urged stakeholders to avoid dealings with the land to prevent risks.The company defended its claim, citing historical government documents and lease agreements.

It highlighted the land's development status, including residential estates and Free Trade Zone operations, and warned that speculative transactions could harm investors and residents.The appeal raises legal questions about government acquisition, compensation, and public purpose.NASCO stressed its commitment to protecting lawful investments and urged verification of official records before acting on competing claims.