News
5 Factors Beyond Your Control In Lagos Real Estate BY DENNIS ISONG
” Economic conditions, such as inflation, interest rates, and currency fluctuations, are beyond the control of individual investors but can significantly affect property values.”
Real estate investment is a complex venture that involves both strategic decision-making and an understanding of external factors that can significantly impact returns.
In this article, we will delve into five crucial factors that are likely to affect real estate investments in Lagos, Nigeria, factors that are beyond the control of the investor. Managing these elements is crucial for successful risk management and optimizing investment returns.
- • Infrastructure Developments:
One of the key factors beyond an investor’s control is the infrastructure development in a particular location. Government plans, such as the construction of expressways, roads, drainage systems, railways, or airports, can have a substantial impact on property values.
While positive developments can significantly increase property values, delays or changes in government plans can have negative effects.
Risk Management: Investors should thoroughly research the reputation of developers and assess their track record in delivering promised infrastructure. Diversifying investments across locations with different development plans can also help mitigate risks associated with infrastructure changes.
- ▪︎Economic Conditions and Policies:
Government policies and economic conditions play a crucial role in shaping the real estate landscape. Changes in policies, especially those related to the financial sector or real estate, can impact investments positively or negatively. Economic conditions, such as inflation, interest rates, and currency fluctuations, are beyond the control of individual investors but can significantly affect property values.
Risk Management: Diversifying investments across different states can help spread the risk associated with changes in economic conditions or policies in a particular region. Staying informed about government policies and economic indicators is essential for proactive risk management.
- ◇ Security and Neighborhood Dynamics:
The security of a location and the nature of its neighborhood are vital factors influencing real estate values. Classy neighborhoods often attract high-value investments, but changes in security conditions or neighborhood dynamics can alter the desirability of a location.
Risk Management: Researching the security history of an area and staying updated on any changes is essential. Additionally, investors can diversify their portfolio by investing in emerging locations that show potential for growth and desirability.
- ◇ Climate and Weather Conditions:
Global warming and unpredictable climate patterns can impact real estate investments. Flooding, changing rainfall patterns, and extreme weather events can affect property values. Investors need to be aware of the climate conditions in the areas they are considering for investment.
Risk Management: Investing in locations with good drainage systems and considering diversification across different climate zones in Lagos can help mitigate risks associated with climate and weather conditions.
- ◇ Migration Patterns:
The movement of people into or out of a particular area can significantly affect real estate investments. Increasing population density can drive up demand for both residential and commercial properties. However, excessive migration may result in a loss of serenity and desirability, prompting some investors to exit.
◇ Risk Management: Understanding migration patterns and investing in areas with a balanced mix of population growth and tranquility is essential. Diversifying across different types of locations can also help manage risks associated with migration.
Conclusion:
Real estate investment in Lagos, like any market, comes with its set of unpredictable elements. Investors need to carefully analyze and manage factors beyond their control to ensure the success and resilience of their portfolios. By diversifying investments, staying informed about market dynamics, and adopting proactive risk management strategies, investors can navigate the complexities of the Lagos real estate market with greater confidence.
▪︎Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041
Crime
Tragic, Suspect’s Body Found Days After Wife’s Killing
The body of Ayoola Ayanwale, the prime suspect in the brutal killing of his wife, has been discovered in Ogun State, bringing a shocking and grim conclusion to a case that has gripped public attention.
According to residents of River Valley Estate, Ayanwale’s lifeless body was found on Friday evening in the Sotubo area, just days after the violent death of his wife, Mrs. Ayobami Ganiyatu Ayanwale.
Personal items believed to belong to the deceased suspect were recovered at the scene, raising immediate questions about his movements in the days following the alleged murder of his wife and the circumstances surrounding his own death.
The grim discovery comes barely 48 hours after security agencies launched a statewide manhunt for Ayanwale, following the Thursday night killing that left Mrs. Ayobami Ganiyatu Ayanwale dead and sparked widespread outrage across the state.
The incident has once again thrust the issue of domestic violence into the national spotlight, with many residents and activists calling for stronger measures to protect vulnerable individuals and prevent such tragedies.
Police authorities have yet to release an official statement on the cause of Ayanwale’s death or confirm whether foul play is suspected. An investigation into both deaths is ongoing.
The double tragedy has left the local community in mourning and disbelief, with many asking how a domestic dispute escalated into such fatal consequences for both parties involved.
Crime
Chimamanda Ngozi Adichie blames Euracare Hospital for son’s death
Chimamanda Ngozi AAdichie has revealed how her son was killed at Euracare Hospital by an anesthesiologist, in her statement, she said: “My son would be alive today if not for an incident at Euracare Hospital on January 6th.We were in Lagos for Christmas.
Nkanu had what we first thought was just a cold, but soon turned into a very serious infection and he was admitted to Atlantis hospital. He was to travel to the US the next day, January 7th, accompanied by Travelling Doctors. A team at Johns Hopkins was waiting to receive him in Baltimore.
The Hopkins team had asked for a lumbar puncture test and an MRI. The Nigerian team had also decided to put in a ‘central line’ (used to administer iv medications) in preparation for Nkanu’s flight. Atlantis hospital referred us to Euracare Hospital, which was said to be the best place to have the procedures done.
The morning of the 6th, we left Atlantis hospital for Euracare, Nkanu carried in his father’s arms. We were told he would need to be sedated to prevent him from moving during the MRI and the ‘central line’ procedure.
I was waiting just outside the theater. I saw people, including Dr M, rushing into the theater and immediately knew something had happened.
A short time later, Dr M came out and told me Nkanu had been given too much propofol by the anesthesiologist, had become unresponsive and was quickly resuscitated.
But suddenly Nkanu was on a ventilator, he was intubated and placed in the ICU. The next thing I heard was that he had seizures. Cardiac arrest. All these had never happened before. Some hours later, Nkanu was goneIt turns out that Nkanu was NEVER monitored after being given too much propofol.
The anesthesiologist had just casually carried Nkanu on his shoulder to the theater, so nobody knows when exactly Nkanu became unresponsive. How can you sedate a sick child and neglect to
monitor him? Later, after the ‘central line’ procedure, the anesthesiologist casually switched off Nkanu’s oxygen and again decided to carry him on his shoulder to the ICU!
The anesthesiologist was CRIMINALLY negligent. He was fatally casual and careless with the precious life of a child. No proper protocol was followed. We brought in a child who was unwell but stable and scheduled to travel the next day. We came to conduct basic procedures.
And suddenly, our beautiful little boy was gone forever. It is like living your worst nightmare. I will never survive the loss of my child.
We have now heard about two previous cases of this same anesthesiologist overdosing children. Why did Euracare allow him to keep working? This must never happen to another child.
News
LASG Announces Traffic Diversion Tonight At Fadeyi, Ojuelegba Bridge
Consequently, motorists are advised to use the highlighted route during the nighttime installation of the barriers; Motorists from Fadeyi Donmanlong Bridge/Ayilara inbound Ojuelegba are to make use of the Service Lane from Fadeyi/Jibowu/Empire/Donmanlong to link Barracks to access their desired destinations.
The Lagos State Government has announced that installations of truck barriers at Fadeyi inward Donmanlong and Donmanlong inward Ojuelegba will takes effect from Saturday, January 10, 2026, at 10pm until Sunday, January 11, 2026
Therefore, the Commissioner for Transportation, Mr. Oluwaseun Osiyemi, urges motorists to use alternative routes during the installations period.
He said that the temporary closure of the bridge is to enhance road safety and prevent accidents along these high-traffic routes.
Consequently, Motorists are advised to use the highlighted route during the nighttime installation of the barriers; Motorists from Fadeyi Donmanlong Bridge/Ayilara inbound Ojuelegba are to make use of the Service Lane from Fadeyi/Jibowu/Empire/Donmanlong to link Barracks to access their desired destinations,” he said.
He implored residents and motorists to remain patient, noting that the installation was scheduled for night hours to minimize disruptions.
The Commissioner warned that motorists who vandalize or damage the barriers will face the wrath of the law.
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