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
BREAKING: Nigerian Motorists To Face Six Months Imprisonment Over Tinted Permits From Tuesday

The Nigeria Police Force will begin enforcement of tinted vehicle permits from Tuesday, 12th of August, 2025.
According to the police, the punishment for not having a valid tinted permit for motorists include payment of fine or six months imprisonment, or both as the case may be.
“Penalties for Offending Without a Valid Permit If you drive with tinted windows without a permit, you can face the following upon conviction:
- Fine: ₦2,000
- Imprisonment: Up to 6 months
- Or both”
It was also noted that offenders will be charged to the Federal High Court where their fate will be determined.
It would be recalled that the IGP, Kayode Egbetokun postponed the enforcement of the tinted permit to August 12, from an earlier day, as announced in June.
The postponement was due to the outrage following the announcement of the permit, in order to enable Nigerians put their documents in order.
The statement reads:
The Inspector General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, has approved an extension of the grace period for the enforcement of Tinted Glass Permit requirement to the 12th of August, 2025. This extension comes on the heels of several concerns and feedback expressed by members of the public regarding the reactivation of the digital Tinted Glass Permit application process.
In line with our commitment to delivering transparent, inclusive, and citizen-focused policing, the Force wishes to affirm that it has not ignored the voices of Nigerians. Rather, these voices have been instrumental in guiding ongoing reviews of the process to ensure it remains user-friendly, secure, and accessible to all.
The extension of enforcement is also intended to give room for additional enhancements and refinements to the application process, ensuring that no member of the public is unduly disadvantaged.
The NPF is actively working to simplify and improve both the physical and contactless application options including enhanced verification mechanisms and streamlined procedures to reduce delays and eliminate undue inconveniences.
Members of the public are reminded that the authorized platform for the application and renewal of the Tinted Glass Permit is accessible via http://possap.gov.ng. Citizens are also encouraged to report all unauthorized or hidden charges as well as extortion in the course of application or biometric capturing to the appropriate Police authorities, including via the dedicated hotline: 09169967000.
The Nigeria Police Force remains committed to public safety, digital innovation, and continuous improvement in service delivery, and appreciates the cooperation and patience of the Nigerian people as these reforms are carried out.
News
Five injured as tanker, bus collide in Lagos

At least five persons were injured in a traffic accident involving a fuel tanker and a commercial bus at Toyota Bus Stop, inward Oshodi in Lagos State.
According to a statement by the Lagos State Traffic Management Authority on Friday, the incident occurred on Thursday, near The Guardian newspaper headquarters and involved a PMS-laden tanker with registration number T28128LA and a commercial Volkswagen T4 bus, GGE 526 YG.
The statement which was signed by the Director, Public Affairs and Enlightenment Department of LASTMA, Adebayo Taofiq, noted that preliminary findings from Oloto Police Division indicated that the tanker experienced a sudden brake failure while on top speed and rammed into the moving bus, which was fully loaded with passengers.
LASTMA said its officers “executed an urgent, precise and seamlessly coordinated rescue operation” at the scene, rescuing five persons, three females and two males, including the bus driver.
“Acting with commendable precision, the rescue team secured the accident scene, extracted the injured, and mitigated the risk of secondary hazards,” the agency said.
While one of the victims was taken to a nearby hospital by a good samaritan, the Lagos State Ambulance Service and the Lagos State Emergency Management Agency’s Rescue Unit conveyed the others to hospitals for emergency care.
Bakare-Oki, extended “profound sympathy to the victims” and expressed “heartfelt wishes for their full and speedy recovery.”
He blamed the accident on “brazen disregard for statutory speed limits, which are conspicuously signposted along Lagos highways,” stressing that proper speed regulation and vehicle maintenance could have prevented the crash.
He said, “Operators of articulated and heavy-duty vehicles particularly tanker drivers must maintain their machinery in flawless mechanical condition, with meticulous emphasis on the integrity of braking systems.”
Bakare-Oki also called on truck owners to “institutionalise rigorous and continuous training and retraining programmes for their drivers,” stating that “the sanctity of human life must remain the paramount consideration in all road transport operations.”
Crime
Bandits kill respected community member, several others in Sokoto

Several people, including a respected community member were killed during a bandit attack in Gidan Taro, Kwasare Sisawa ward, Wurno Local Government Area of Sokoto State.
The incident which happened on Thursday night, was shared by security analyst Bakatsine in a post on Friday.
Among those killed was Alhaji Bello Gidan Taro, a well-known and respected leader in the community.
Many others were injured, and some were abducted during the violent raid.
“Yesterday night, bandits attacked Gidan Taro in Kwasare Sisawa ward, Wurno LGA, Sokoto State, killing several, injuring many and abducting others. Among those killed was a respected community member, Alh. Bello Gidan Taro,” Bakatsine wrote.
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