Tsuji Moto Begins Debt Repayment, Shifts Public Pressure to Real Estate Firm P1

Tsuji Moto, has begun making significant payments toward his outstanding debts, following months of public outcry and scrutiny over alleged financial improprieties.

In a public update provided by a known activist and whistleblower, it was confirmed that Tsuji Moto has so far repaid over ₦455 million in outstanding debts to multiple individuals and entities.

This includes a major repayment of ₦405 million to a 75-year-old creditor, ₦30 million to a certain Mr. Bright, and ₦20 million cumulatively to two investors who had invested in Moto’s projects.

Additionally, Tsuji Moto has reportedly paid January and February salaries to his staff most of whom had resigned due to unpaid wages dating back to the first quarter of the year.

March salaries are said to be outstanding, with a public appeal now made for him to settle the remaining arrears regardless of the staff’s resignation.

The whistleblower, who had been instrumental in bringing the matter to public attention earlier this year, clarified that his silence on the matter in recent weeks was not due to compromise but rather a strategic shift to engage Tsuji Moto privately.

He disclosed that following a personal appeal from the developer, both parties reached a structured repayment agreement that is now being implemented.

“I only took the fight off the streets and continued it one-on-one. Tsuji Moto has now paid a substantial part of his debts. I am happy for him, but he must finish what he started and settle all that remains,” he stated.

However, the spotlight is now shifting to another controversial player in the real estate sector P1 Group. Accused of issuing payment receipts in place of actual land allocations, the whistleblower declared a renewed campaign against the firm.

“Now that Tsuji Moto has paid, I’m turning my full attention to P1. This is not a trend; it is a movement. You either pay up or you pay up,” he warned emphatically.

The development marks a significant milestone in the ongoing struggle for accountability within Nigeria’s real estate sector, where numerous developers have been accused of fraud, delayed deliveries, and non-remittance of investor funds.