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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
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Reps Launch Investigation into NPF Amidst Allegations of N50 Billion Procurement Fraud

House of Representatives has resolved to investigate the alleged contract racketeering in the Nigerian Police amounting to billions of naira.
The decision was taken after a motion of urgent national importance moved by the member representing Arochukwu/Ohafia federal constituency, Abia, Rep. Ibe Osonwa during the plenary on Thursday in Abuja.
Mr Osonwa had raised concerns over the alleged award of N6 billion contact by the Nigerian Police Procurement department without due process which according to him was erosion of public trust.
“The Nigeria Police Force Procurement department allegedly awarded N 6 billion contract to Crown Natures Ltd.
By splitting it into 66 separate contracts in a deliberate attempt to circumvent the public procurement Act of 2007 particularly in procurement of uniforms,” he said.
The lawmaker who expressed concern over the violation of section 214 of the 1999 Constitution as amended by the Police, called for urgent action to address the allegation.
Mr Osonwa, further called the attention of his colleagues to undermining of the country’s internal security architecture by the Nigeria Police with its award of contract for procurement of arms to private companies in violation to procurement rules.
The Speaker, Tajudeen Abbas referred the motion to the committee on public accounts and public procurement for further legislative actions.
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Peter Obi’s brother Lagos Property: We didn’t carry out the demolition – Omotosho
Omotoso said Obi’s allegations on the demolition are “disturbing and without facts

• Peter Obi at the scene of the demolished property
The Lagos State Government has commenced an investigation into the demolition of a property belonging to the brother of the Labour Party (LP) presidential candidate in the 2023 election, Peter Obi.
Obi had alleged that a property belonging to his younger brother was demolished in the Ikeja area of Lagos State without a court order.
Reacting to the demolition via a statement on Thursday, June 26, the Lagos State Commissioner of Information and Strategy, Gbenga Omotoso, said no agency was involved in the demolition.
Omotoso added that the investigation will help clarify the circumstances surrounding the demolition and ensure that any necessary actions are taken.
The former governor of Anambra State, in a post on his X account on Tuesday, June 24, 2025, disclosed that the property owned by his brother’s company had stood for over 15 years before it was demolished.
Omotoso said Obi’s allegations on the demolition are “disturbing and without facts”.
The commissioner stated: “We wish to categorically state that the Lagos State Building Control Agency (LASBCA) or any other arm of the Lagos State Government did not carry out the said demolition.
“Dr. Olajide Abiodun Babatunde, Special Adviser, eGIS & Urban Development, who supervises LASBCA, has confirmed that the agency was not involved in the demolition.
“The Lagos State Government is committed to upholding the rule of law and ensuring the safety and security of all residents.
“We will not tolerate any acts of lawlessness or violations of extant laws. Any individual or group found involved in such acts will be brought to justice,” he said.
News
BREAKING: President Tinubu Vetoes NDLEA Bill Due to Crime Proceeds Clause

President Bola Tinubu has declined to sign the National Drug Law Enforcement Agency Bill, 2025 into law.
The President’s decision not to sign the bill passed by both chambers of the National Assembly was contained in a letter read in the Green Chamber on Thursday during plenary.
The President, citing Section 58(4) of the 1999 Constitution (as amended), explained that the proposed law seeks to empower the NDLEA to retain a portion of the proceeds from drug-related crimes, a move he said contradicts existing financial regulations.
He noted that under the current system, “All proceeds of crime are paid into the government’s Confiscated and Forfeited Properties Account.
Disbursements to any recovery agency, including the NDLEA, can only be made by presidential approval, subject to the consent of the Federal Executive Council and the National Assembly.”
The President maintained there was no compelling reason to alter a process designed to uphold accountability through executive and legislative oversight.
Details later….
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