Business
The Buy-and-Hold Strategy for Lagos Real Estate Investors by Dennis Isong
Population is increasing, businesses are expanding, and land is becoming more valuable. If done right, a buy-and-hold strategy can secure long-term wealth for any investor.
If you’re thinking of making serious money in Lagos real estate, you must understand one of the most reliable strategies: buy-and-hold.
This is when you buy a property, hold it for years, and allow its value to appreciate while earning rental income.
Lagos is a dynamic and ever-growing city.
Population is increasing, businesses are expanding, and land is becoming more valuable. If done right, a buy-and-hold strategy can secure long-term wealth for any investor.
Why Buy-and-Hold Works in Lagos Land and Property Appreciate Fast Lagos is a land of gold—figuratively.
With high demand and limited land space, properties in strategic locations appreciate fast.
If you bought land in Lekki Phase 1 twenty years ago, you could sell it today for more than 20 times the original price.
The earlier you buy, the better. Steady Rental Income Lagos is home to millions of people, and many prefer renting rather than buying.
A well-located property can generate steady rental income that grows over time.
The more people move into Lagos, the higher the rental demand.
Beating Inflation Nigeria’s economy has its ups and downs, but real estate always finds a way to stay ahead of inflation.
While the value of the naira fluctuates, properties continue to appreciate. This makes real estate a safe hedge against inflation.
Steps to Succeed in the Buy-and-Hold Strategy
1. Pick the Right Location Lagos has different property markets. Some areas grow faster than others.
Choose a location based on your investment goal.● For rapid appreciation: Look at developing areas like Ibeju-Lekki, Epe, or parts of Ikorodu.● For steady rental income: Invest in places with high demand for rentals, like Yaba, Surulere, Lekki, or Ikeja.● For luxury and long-term gains: Consider high-end areas like Ikoyi, Banana Island, or Victoria Island.
Do your research, visit the location, and study the growth trends before investing.
2. Buy from a Trusted Source Lagos real estate is lucrative, but it’s also filled with scams.
Many investors have fallen victim to land disputes or properties with unclear titles.
Ensure that the property has proper documentation—like the Certificate of Occupancy (C of O) or a Governor’s Consent.
Work with a reliable real estate professional who understands the Lagos market.
Don’t fall for “cheap deals” without verifying ownership.3. Decide Between Land or Built Property ● Buying land is great for long-term appreciation. You can hold it for years and sell later at a higher price.● Buying a house or apartment gives you immediate rental income while still appreciating in value.
If you have the patience to wait, land investment is powerful. If you want regular cash flow, go for rental properties.
4. Maximize Rental Income If your goal is passive income, make your property attractive to tenants. Consider:● Security: Lagos tenants prioritize safety.● Amenities: Good roads, water supply, and electricity boost rental value.● Short-let options: Platforms like Airbnb can give you higher returns, especially in areas like Lekki and Victoria Island.
If your property is well-maintained, you’ll attract quality tenants and increase your rental value over time.
5. Be Patient and Think Long-Term Real estate is not a quick-money scheme. The buy-and-hold strategy requires patience. Lagos properties appreciate, but it takes time.
Many investors regret selling too early when they see the prices skyrocketing years later.
Think of real estate like fine wine—it gets better with time. Potential Risks and How to Overcome Them Government Policies Policies like land use charges or demolitions can affect investments.
Stay updated with real estate laws in Lagos. Work with professionals to ensure your property is compliant.
Maintenance Costs
If you own rental property, you’ll need to maintain it. Set aside funds for repairs and upgrades to keep it attractive to tenants.
Bad Tenants
Some tenants may refuse to pay or damage your property.
Screen tenants properly before renting out your property, and have a solid lease agreement.
The buy-and-hold strategy is a proven way to build wealth in Lagos real estate. It allows you to generate rental income while your property appreciates in value.
With proper planning, the right location, and patience, your investment will reward you in the long run.
So, are you ready to secure your future with Lagos real estate? Start now—because five years from today, you’ll wish you had.
Dennis Isong and team.
+2348164741041+2348028667565
Business
BUA Chairman Rabiu shares South Africa visa entry denial experience at Africa CEO Forum
Rabiu said the experience highlighted the difficulties Africans still face when travelling within the continent despite ongoing talks about African integration and economic cooperation.
The founder and Chairman of BUA Group, Abdul Samad Rabiu, has recounted how he was denied entry into South Africa after his visa expired a day before his trip, while European travellers were reportedly allowed into the country without visas.
Rabiu shared the experience on Thursday while speaking on “Africa at Scale: Capital, Policy and the Architecture of Growth” at the ongoing Africa CEO Forum in Kigali, Rwanda.
He said that the incident occurred in February 2025 when he travelled from Lagos to Cape Town for the Mining Indaba conference.
He said that immigration officials stopped him on arrival after discovering that his visa had expired the previous day.
Rabiu explained that he and his team spent about four hours at the airport before he was eventually returned to Lagos.
“I take full responsibility because my visa had expired and my crew failed to notice it before the trip,” he said.
However, the businessman said that he became concerned after noticing that passengers arriving on multiple flights from Europe were allowed into South Africa without visas while he, as an African, was denied entry.
“While we were waiting at the immigration desk, there were about three international flights from Europe. Most of the passengers were Europeans, and they all entered Cape Town without visas,” he said.
Rabiu said the experience highlighted the difficulties Africans still face when travelling within the continent despite ongoing talks about African integration and economic cooperation.
“I did not have a problem with being returned because I had no valid visa. My issue was being an African in Africa and being denied entry, while foreigners from other continents were allowed in freely without visas,” he said.
He called for reforms in visa and immigration policies across the continent, stressing that Africa cannot achieve meaningful economic integration while Africans continue to face barriers moving within African countries.
Business
At Africa CEO Forum, President Tinubu Highlights “Partnerships That Moves Africa Forward”
“With our metals, we can produce batteries for cars. The private sector brings capital and expertise, but government must de-risk and create the enabling environment. That partnership is how Africa moves forward”.
President Bola Ahmed Tinubu during a panel session at the ongoing Africa CEO Forum, called for “Partnership that can move Africa forward.”
He advocated an “Africa First” approach to development, insisting that African resources should primarily benefit the continent through local processing and manufacturing.
“We don’t want scavengers and extractors. We want partners who process and manufacture locally,” said President Tinubu.
He said that his administration’s policies were positioning Nigeria as an open and competitive destination for investment.
“In Nigeria, we’ve attracted nearly $20 billion in direct investment this year because we are efficient, transparent, and open for business,” President Tinubu said.
President Tinubu attributed the inflow to reforms aimed at improving transparency, efficiency, and investor confidence in the country.
He said that Nigeria would no longer permit the export of raw minerals without local value addition, noting that the country possesses the capacity to manufacture products such as electric vehicle batteries from its mineral resources.
He said: “With our metals, we can produce batteries for cars. The private sector brings capital and expertise, but government must de-risk and create the enabling environment. That partnership is how Africa moves forward”.
Presidential hopeful of the National Democratic Congress (NDC), Mr. Peter Obi, has reiterated the critical role of micro, small, and medium-sized enterprises (MSMEs) in driving Nigeria’s economic growth and reducing unemployment.
Obi made the remarks on Tuesday following a series of meetings in London with stakeholders in British politics and the business community, including Jonathan Marland, Chairman of the Commonwealth Enterprise and Investment Council (CWEIC).
According to Obi, discussions with Lord Marland focused on prospective trade opportunities, economic advancement, and strategies for promoting small businesses across Nigeria.
Drawing comparisons with rapidly developing economies such as China, Indonesia, and Vietnam, Obi stressed that sustainable economic growth and job creation can only be achieved through deliberate support for MSMEs.
The former Anambra State governor maintained that small businesses remain the backbone of the economy and called for stronger policies aimed at boosting development and creating employment opportunities, particularly in the agriculture and manufacturing sectors.
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