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
News
Why LASG Suspends Land Reclamation Projects Across The State
Wahab also warned that the State government will effect the arrest and prosecution of anyone involved and or are found on the site of such illegality after the expiration of the 7 days warning.

The Lagos State Government on Thursday directed the immediate suspension of all reclamation projects across the state with or without Environmental Impact Assessment EIA approval and drainage clearance.
The directive was given in a statement signed by the Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab.
According to him, all approved Reclamation Projects across the State must be submitted for proper Documentation and Monitoring, while all on-going and intending ones must be subjected to the Environmental Impact Assessment (EIA) process with issuance of Approval and Drainage Clearance from the Ministry of the Environment and Water Resources.
He warned that failure to comply with this directive within the next 7 DAYS will leave the Ministry with no other option than to deploy appropriate machineries to decommission the reclaimed sites including excavation and removal of fill and reconnecting of already blocked water channels on the Lagoon amongst others.
Wahab also warned that the State government will effect the arrest and prosecution of anyone involved and or are found on the site of such illegality after the expiration of the 7 days warning.
He expressed grave concern about the proliferation of reclamation activities on Wetlands, Floodplains and the Lagoons across the State.
He identified locations where such acts are prevalent to include Parkview, Banana Island, Osborne, other parts of Ikoyi, Victoria Island Extension, Lekki, Ajah, Ikorodu, Oworonshoki, Lagos Mainland, Ojo and Badagry axis, without consideration of the adverse impacts on the environment and the wellbeing and safety of the good people of the State.
The Commissioner stressed that indiscriminate reclamation projects are being executed without requisite Environmental Impact Assessment (EIA) Approvals and Drainage Clearance from the Ministry of the Environment and Water Resources.
He emphasised that while reclamation may provide space for Housing and Infrastructure redevelopment, it also poses significant Environmental and Social risks including increased vulnerability to flooding, coastal erosion, disruption of livelihood (especially fishing), loss of wetlands and biodiversity, constriction of the Lagoons and their capacity, impairment of water quality amongst others.
He stated that with the low-lying topography of Lagos State and its fragile ecosystem, the State Government cannot afford to allow this indiscriminate reclamation of the Lagoons, Wetlands and floodplains to continue unabated.
Signed Kunle AdeshinaDirector of Public AffairsMOE&WRSeptember 18, 2025
Business
Afriland Fire: United Capital Confirms Death of Six Staff, Death Toll Rises to 10

Financial services firm, United Capital Plc, has confirmed the death of six of its employees in the tragic fire that engulfed Afriland Towers on Broad Street, Lagos Island, on Tuesday, September 16, 2025.
This announcement brings the official death toll to ten, following an earlier confirmation by the Federal Inland Revenue Service (FIRS) that four of its staff also died in the incident.

The fire, which broke out just before 1:00 p.m. on Tuesday, tore through the six-storey commercial building, housing several offices and businesses, leaving widespread devastation and loss in its wake.
In an official statement released on Thursday, United Capital expressed deep sorrow over the loss of its staff.
“It is with profound grief that the Management and Staff of United Capital Plc announce the passing of six of our dear colleagues, following the tragic fire at Afriland Towers,” the statement read.
“Our departed colleagues were an integral part of our company and family. Their painful loss leaves an immeasurable void.”
The company extended its heartfelt condolences to the families, friends, and loved ones of the deceased, assuring them of continued support during this difficult time. Plans are underway for a memorial service to honour the victims.
United Capital also expressed appreciation to emergency responders for their swift intervention during the incident.
“In this moment of untold grief, we stand together in solidarity, drawing strength from one another as we navigate this period. May the souls of the departed rest in peace.”
Authorities are continuing investigations to determine the cause of the fire.
News
NNPC Trading Limited MD appointed as Nigeria’s OPEC representative
We congratulate Maryamu Idris, Managing Director of NNPC Trading Limited, on her appointment as the National Representative for Nigeria at the Organisation of the Petroleum Exporting Countries (OPEC).

The Nigerian National Petroleum Corporation Trading Limited says that its Managing Director, Maryamu Idris , has been appointed as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries.
NNPCL announced the development on its X handle on Wednesday, and said Idris’s new role marks a pivotal step in representing Nigeria’s interests within the influential cartel of oil-producing nations.
“We congratulate Maryamu Idris, Managing Director of NNPC Trading Limited, on her appointment as the National Representative for Nigeria at the Organisation of the Petroleum Exporting Countries (OPEC),” the statement read.
The corporation hailed her achievements in many capacities in the oil sector.
Maryamu’s extensive experience in the energy sector includes leading Pricing and Valuation efforts within NNPC’s Crude Oil Marketing Division and serving as a Technical Advisor to Nigeria’s OPEC Delegation.
She also played a foundational role in Nigeria’s engagement with the Extractive Industries Transparency Initiative (EITI) and contributed to oil sector reforms through her work with the Bureau of Public Enterprises and the Oil and Gas Implementation Committee (OGIC).
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