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5 Factors Beyond Your Control In Lagos Real Estate BY DENNIS ISONG

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” 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.

  1. 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.

  1. ▪︎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.

  1. ◇ 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.

  1. 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.

  1. ◇ 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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JUST IN: Supreme Court Reinstates Death Sentence for Maryam Sanda, Overrides President’s Pardon

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Nigeria’s Supreme Court on Friday overturned the presidential pardon granted to Maryam Sanda, the Abuja housewife convicted of stabbing her husband to death in 2018, reinstating her original death sentence by hanging.

Sanda, 37, was sentenced to death in January 2020 by Justice Yusuf Halilu of the FCT High Court for culpable homicide punishable with death after she fatally stabbed Bilyaminu Bello during a heated domestic dispute over alleged infidelity. The Court of Appeal upheld the conviction in December 2020, and the Supreme Court affirmed it in 2023, exhausting her appeals.

In October 2025, President Bola Tinubu initially granted Sanda a full pardon as part of clemency extended to 175 convicts, citing her family’s pleas for the sake of her two children, her good conduct in prison, and remorse. However, amid public backlash, the administration revised the decision, commuting her sentence to 12 years imprisonment on compassionate grounds.

The Supreme Court’s 4-1 majority decision, delivered by Justice Moore Adumein, dismissed Sanda’s final appeal as meritless. Adumein ruled that the prosecution had proven its case beyond reasonable doubt, affirming the lower courts’ findings that Sanda’s actions constituted intentional murder.

Crucially, the apex court held that the executive branch’s exercise of pardon powers under Section 175 of the 1999 Constitution was invalid in this instance, as Sanda’s appeal was still pending before the judiciary at the time of the grant. “It was wrong for the Executive to seek to exercise its power of pardon over a case of culpable homicide in respect of which an appeal was pending,” Justice Adumein stated in the lead judgment.

The dissenting justice argued for upholding the commutation, emphasizing humanitarian considerations for Sanda’s children and her time served—over seven years at Suleja Medium Security Custodial Centre.

The ruling has reignited national debates on the separation of powers, domestic violence, and the application of the death penalty. Sanda’s family expressed devastation, while Bello’s relatives hailed the decision as long-overdue justice. Rights groups decried the outcome, calling for legislative reforms on prerogative of mercy.

Sanda remains in custody pending any further legal maneuvers, though options appear exhausted. The Attorney General’s office confirmed investigations into the pardon process’s procedural flaws.

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Bayelsa deputy gov Ewhrudjakpo dies at 60

Senator Ewhurudjakpo, 60, an associate of Senator Seriake Dickson, was one of the elected officials, who insisted on remaining in the Peoples Democratic Party, PDP and refused to defect with Governor Duoye Diri to the All Progressives Congress, APC,

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•Senator Lawrence Ewhrudjakpo

Bayelsa State Deputy Governor, Senator Lawrence Ewhrudjakpo, is dead,aged 60.

Ewhrudjakpo collapsed yesterday while descending a staircase shortly after a meeting in his office .

He was immediately taken to the Federal Medical Centre (FMC), Yenagoa.

Hospital sources disclosed that he arrived unconscious and was moved to the Emergency Unit before being transferred to the Intensive Care Unit (ICU) and efforts to revive him failed.

His media aide, Doubara Atasi, confirmed the incident but did not provide further details.

Sympathizers stormed the hospital in large numbers after the news broke, forcing security personnel to tighten control around the facility.

Ewhrudjakpo was born on September 5, 1965. He had served as deputy governor since 2020, represented Bayelsa West in the Senate, and previously held the position of Commissioner for Works.

The Peoples Democratic Party, PDP, in a statement by its National Publicity Secretary Ini Ememobong confirmed the demise of the deputy governor, which it described as inexplicable.

Senator Ewhurudjakpo, 60, an associate of Senator Seriake Dickson, was one of the elected officials, who insisted on remaining in the Peoples Democratic Party, PDP and refused to defect with Governor Duoye Diri to the All Progressives Congress, APC, recently.

Ewhrudjakpo, once a close political ally of Governor Diri, reportedly fell out with his principal after refusing to follow him in resigning from the PDP on October 15.

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Dangote Launches N1trn Education Fund to Support 1.3m Students

The Presidency praised Dangote for unveiling what is now the largest private education support programme in Nigeria, describing the initiative as a major boost to the Federal Government’s human capital development agenda.

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Nigerian industrialist Aliko Dangote received a standing ovation on Thursday from the government and stakeholders in the education sector as he launched a N1 trillion education fund to support 1.3 million students across the country’s 774 Local governments.

Speaking at the launch in Lagos, Dangote said that the N100 billion yearly education support initiative will support 45,000 new students every year from 2026, rising to 155,000 beneficiaries by the fourth year and remaining at that level for ten years.

Dangote described the initiative as a long-term investment aimed at reducing financial barriers that drive millions of young Nigerians out of school.

Dangote notes that “no nation can rise above the quality of education it offers its young people.”

He described education as “the foundation on which every prosperous society is built”, calling it the most powerful equaliser and the strongest engine of social mobility.

” We cannot allow financial hardship to silence the dreams of our young people — not when the future of our nation depends on their skills, resilience and leadership,” Dangote said.

The Presidency praised Dangote for unveiling what is now the largest private education support programme in Nigeria, describing the initiative as a major boost to the Federal Government’s human capital development agenda.

Vice President Kashim Shettima said the intervention demonstrates the critical role of private-sector actors in national development.

He noted that Nigeria’s demographic growth makes urgent investment in education indispensable, warning that “a population becomes a liability only when it is uneducated.”

“Alhaji Aliko Dangote, through his far-reaching philanthropy, has set in motion the single largest private-sector education support intervention in the history of this country,” Shettima said.

“What he has done here today is a lesson to each of us. This is nation-building in its purest form.”

Shettima highlighted ongoing reforms under President Bola Ahmed Tinubu’s administration, including the Nigerian Education Loan Fund (NELFUND), strengthened basic education infrastructure through UBEC, expanded TETFUND interventions and accelerated technical and vocational programmes.

He said these reforms aim to improve Nigeria’s poor Human Capital Index ranking and prepare young people for a skills-driven global economy.

Describing Dangote’s philanthropy as “long-term,” Shettima said the initiative aligns strongly with the government’s priority of expanding equitable access to education.

“No nation surpasses the aspirations of its most committed patriots,” he said.

“The legacy of Alhaji Aliko Dangote reminds us that greatness is not measured by wealth but by the number of lives one lifts from the shadows into the light.

”The Vice President added that the Aliko Dangote Foundation programme will widen opportunities for thousands of learners and bolster the FG’s efforts to build a competitive workforce.

He called for stronger collaboration between the the government, the private sector and development partners to address persistent gaps in the education system.

Education Minister Tunji Alausa described the initiative as “pure human capital development,” saying it aligns with the Tinubu administration’s education sector renewal plan of transforming Nigeria from resource-based economy to a knowledge-based economy and is significant because every local government area will benefit.

Lagos State Governor Babajide Sanwo-Olu, spoke on behalf of the 36 state governors.

He also commended the initiative and pledged the governors’ full support.

Chairman of the Programme Steering Committee, His Highness Justice Sidi Dauda Bage, Emir of Lafia, said the scheme is unprecedented and praised Dangote’s patriotism in reinvesting his wealth to uplift other Nigerians.

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, said Dangote’s impact in driving private-sector transformation remains unmatched, describing the new initiative as both transformational and a strategic investment in Nigeria’s future.

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