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Senator Abiru bags Responsive Representation for Good Governance Award from SPC

The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions , Senator Adetokunbo Abiru (APC Lagos East), has been conferred with ” Responsive Representation for Good Governance Award ” by the Senate Press Corps.
The Award as stated by the Chairman of the Corps , Mr Taiye Odewale , during presentation on Wednesday in Abuja, was in recognition of Senator Abiru’s quality membership in the Senate and responsive representation of people in Lagos East Senatorial District .
According to the SPC Chairman, “Senator Abiru’s legislative inputs in plenary and at committees’ level in the Senate over the last four years have contributed immensely to good governance – driven legislations at the federal level aside giving the people of Lagos East responsive representation .
“Responsiveness of Senator Abiru’s representation of people of Lagos East Senatorial District in the Senate since December 2020, cuts across human, capital and communities development through series of well conceptualized and envisioned empowerment programmes for different categories of constituents”
In his remarks after the award presentation , elated Senator Abiru who dedicated the award to his entire staff in Abuja and Lagos East Senatorial District, said is call for him to do more.
“I thank the entire members of the Senate Press Corps for confering this award on me based on their parameters of assessment and dedicate it to my entire staff from the Senior Legislative Aide (SLA) to other staff here in Abuja and down to Lagos East .
“I’m motivated by the award to do more for my constituents in Lagos East as their Senator and to Nigeria, by adding the required value to the Senate at all times, for good law making and good governance”, he said.
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Land Banking in Lagos: What Is It and Why Smart Investors Are Doing It, by Dennis Isong
Who Is Land Banking For? What are the risks, and how can you avoid them?

Some years ago, Mr. Adebayo, a civil servant in his late 40s, bought a large piece of land in the outskirts of Lagos—somewhere past Epe. His friends laughed.
The land had no road network, no visible development, and certainly no electricity poles in sight. “You’ve just bought bush,” one friend said, chuckling over a bottle of palm wine.
But Adebayo had something else in mind. Today, that same bush has turned into a budding estate. His plot—bought for N500,000 per acre—is now valued at over N15 million.
And the best part? He hasn’t built a single block on it. This, my friend, is the power of land banking inLagos.So, what is land banking—and why are smart investors flooding into it?
Let’s take a walk through of what makes this quiet, strategic game of land investment so powerful in Lagos real estate today.
1. What Is Land Banking?
Land banking is the act of buying undeveloped or underdeveloped land now—at a low price—with the intention of holding it for future sale or development.
The idea is simple: get the land while it’s cheap, wait for surrounding development or urban expansion, and then reap the benefits when its value skyrockets.It’s not a new concept.
Wealthy families, governments, and savvy investors have been doing it for decades, quietly amassing land in strategic locations.
But in Lagos, land banking has taken on a whole new meaning due to the city’s rapid urban sprawl and high demand for land.
As more people flood into Lagos for work and business, areas that were once considered “far” are now becoming the next hotspots for development.
And the best part? You don’t need to be a millionaire to start. What you need is foresight,patience, and good information.
2. Why Lagos? Why Now?
Lagos is a land-hungry city. It’s the smallest state in Nigeria by land size, but with the highest population—over 20 million people and counting.
Every day, people are moving in, businesses are expanding, and infrastructure is being built. But land? It’s not expanding.
This imbalance between supply and demand is what makes land such a valuable asset here.
Take Ibeju-Lekki for example. Ten years ago, it was mostly bush, sand, and silence. But today, it’s home to massive developments like the Dangote Refinery, Lekki Deep Sea Port, and the Lekki Free Trade Zone.
Investors who bought land here when it was “just sand” are now smiling to bank. The Lagos State Government is also pushing development into the outskirts. Projects like the proposed 4th Mainland Bridge and new road networks are opening up areas like Epe, Badagry,and Agbowa.
This means land in these regions won’t remain cheap for long. Smart investors are not waiting until buildings start springing up. They’re getting in early—buying into the future while the price tag is still friendly.
3. Who Is Land Banking For?
There’s a popular myth that land banking is only for the rich or big-time developers.
Not true.It’s actually a smart move for young professionals, retirees, low-risk investors, and anyonethinking long-term. Think of it like planting a tree—you don’t eat the fruit the next day, but whenit matures, it feeds you for life.
Some people buy shares. Others put money in fixed deposits. But land banking offers something more physical and arguably safer—an asset you can visit, touch, and eventually profit from.
Especially great for those who want to leave something for their children or retire in peace with a solid asset base.
Let’s not forget those who aren’t ready to build yet. If you’re not financially prepared toconstruct a house now, buying land and holding it gives you a head start.
By the time you’re ready to build, the land may have tripled in value—and you’d have saved yourself millions in future costs.
Smart investors understand that the best deals are usually quiet. While the world is running after flashy real estate brochures, they’re planting seeds in overlooked areas.
4. What Are the Risks—and How Can You Avoid Them?
Now, this wouldn’t be a realistic article without addressing the elephants in the room: landscams, Omonile wahala, and poor documentation. These are real risks in Lagos, and anyone who jumps into land banking blindly could lose hard-earned money.
The good news is, these risks are avoidable—if you do your due diligence. Always ensure the land is properly documented: look out for a Survey Plan, Deed of Assignment, and if possible, Certificate of Occupancy (C of O).
Work with trustworthy real estate companies or consultants who have verifiable track records and are registered with relevant authorities.
Also, don’t buy land just because it’s cheap. Buy because it’s strategic.
Ask yourself: Is there ongoing or planned development in the area? Are there accessible roads? Is the title clean? In the case of Mr. Adebayo, he didn’t just buy random land. He researched future government plans, asked questions from locals, and worked with a reputable realtor.
That’s why today, his land is not just appreciated—it’s prime.
5. So, Why Are Smart Investors Doing It?Because it works. Smart investors understand that the best deals are usually quiet. While the world is running after flashy real estate brochures, they’re planting seeds in overlooked areas.
They know that Lagos is expanding, and that time, development, and demand will eventually catch up with the land.
Some flip the land after a few years, making huge profits.
Others hold onto it and develop it into residential estates, short lets, or commercial spaces when the time is right. Either way, they win.
The beauty of land banking is that it doesn’t demand much. No tenants. No property management stress. No construction deadlines. Just patience—and strategy.
In Lagos today, the rush is not just about buying houses.
It’s about owning the land under the houses of tomorrow. Those who see the future are already positioning themselves quietly.
Final Thoughts Land Banking in Lagos: What Is It and Why Smart Investors Are Doing It is more than justa trendy topic—it’s a real, practical investment strategy that has changed lives.
It’s not without it’s risks, but it holds enormous potential for those who do it right.If you’ve been thinking about real estate but haven’t figured out how to start, land banking might just be your entry point.
It’s not glamorous at first. It doesn’t make noise. But in five or ten years,it could be the decision that secures your financial future.
So, whether you’re a young worker, a retiree, or just someone who’s tired of letting money sit in the bank, remember: Lagos may not be expanding in size, but the opportunities in its land keep growing.
And like Mr. Adebayo learned—today’s “bush” could be tomorrow’s goldmine.
Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to OwnProperty In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041
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NGE Condemns Arbitrary Closure of Badeggi Radio Station by Gov Bago for allegedly promoting violence
Governor Bago acted outside his powers to order the closure of a radio station.

• Eze Anaba, NGE President
The Nigerian Guild of Editors (NGE) strongly condemned the closure of Badeggi Radio by Governor Mohammed Umar Bago of Niger State.
In a statement signed by Eze Anaba, NGE President, and Onuoha Ukeh, General Secretary, they said that the closure of the radio station was a blatant attack on press freedom and democracy in Nigeria.
Ohibaba.com garhered that Governor Bago accused the owner of the Station for incitement of the people against government and directed that the license of the Radio station be revoked.
The governor directed the Commissioner for Homeland Security and the Commissioner of Police to seal the radio station, and emphasised the need for the security operatives to profile the owner of the radio station as his station promotes violence”, Ibrahim Said
According to the Guild, this act of censorship and intimidation undermines the fundamental principles of a democratic society, where free press is essential for holding those in power accountable.
The association referred to section 39 of the 1999 Constitution (as amended) guarantees freedom of expression and press freedom.
The power to sanction television and radio stations only lies with the Nigerian Broadcasting Commission (NBC) after a thorough investigation of any alleged breach of the Code.
Also, Article 9 of the African Charter on Human and Peoples’ Rights, which Nigeria is signatory to, also guarantees press freedom and freedom of expression.
Said the statement : ” The closure of Badeggi Radio, a vital platform for public discourse and information dissemination, is a worrying trend that threatens the very fabric of our democracy.
Governor Bago acted outside his powers to order the closure of a radio station.
The power to sanction television and radio stations only lies with the Nigerian Broadcasting Commission (NBC) after a thorough investigation of any alleged breach of the Code.
We are happy that the Minister of Information and National Orientation, Mallam Mohammed Idris, has pointed this out. This should go beyond observing the anomaly.
The federal government should order the unsealing of the premises of the radio station, while investigation is carried out.
Government officials should know that we are in a democracy and therefore, the act of arbitrary order for the sealing off and closure of a radio station is unacceptable. Arbitrary closure of media houses reminds us of the dark days of military rule, which ended 26 years ago.
Governor Bago’s allegation of incitement of violence by the radio station is a serious issue, which has to be investigated and proven before any action can be taken.
We urge the media to operate under strict adherence to the code of ethics of journalism, with responsible conduct at the back of the minds of the professionals.
We also call on the authorities to take measures to respect the rights of citizens to access information and express themselves freely.
Badeggi Radio should be reopened while the investigation continues.
The Guild reiterates that a free and independent press is essential for a functioning democracy and demands that governments at all levels respect and uphold this fundamental right.”
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NLC rejects FG’s new policy stopping frequent industrial strikes
” We are in shock that from a catalogue of hundreds of workplace issues contained in the National Industrial Relations Policy, the Federal Government singled out industrial strikes as its headache.

• Joe Ajaero, NLC President
The Nigeria Labour Congress (NLC) has expressed concerns over the newly adopted National Industrial Relations Policy by the Federal Government.
In a statement made available to newsmen on Saturday in Abuja, Mr. Joe Ajaero, NLC President, said the new policy would make embarking on strike a criminal issue and silence trade unions.
In a statement made available to newsmen on Saturday in Abuja, Mr. Joe Ajaero, NLC President, said the new policy would make embarking on strike a criminal issue and silence trade unions.
NLC considers the statement by the Federal Government that the newly adopted National Industrial Relations Policy is aimed at stopping frequent industrial actions, particularly strikes by trade unions, as very reprehensible.
“The statement was part of the press release by the Federal Government at the end of the Federal Executive Council (FEC) meeting, which took place on 31st July 2025.
“We are in shock that from a catalogue of hundreds of workplace issues contained in the National Industrial Relations Policy, the Federal Government singled out industrial strikes as its headache,” he said.
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Land Banking in Lagos: What Is It and Why Smart Investors Are Doing It, by Dennis Isong