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Experts Call for Strategic Investments, Policy Support to Strengthen Nigeria’s Real Estate Sector

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Experts Call for Strategic Investments, Policy Support to Strengthen Nigeria’s Real Estate Sector

By: Michael Mike

Industry leaders and policymakers have emphasized that Nigeria’s real estate sector which is projected to hit $2.6 trillion this year requires strategic investments and stronger policy support to drive economic growth.

This was the outcome of the recently concluded Eklisia Realtors’ Conference 2.0, themed: “Staying in the Game,” which brought together top professionals to discuss trends, financial strategies, and policy initiatives essential for a resilient property market.

Organised by Adozillion Homes and Realty, a firm committed to redefining property ownership and investment, the event served as a platform for real estate professionals across the nation to gain firsthand insights from experts on market trends, branding strategies, financial management, and investment best practices.

Speaking at the conference in Lagos, Dr. Simon Adozi, CEO of Adozillion Homes and Realty, highlighted the immense potential of the real estate sector, projecting it to hit $2.6 trillion in Nigeria by 2025. He emphasized the sector’s significant role in Nigeria’s Gross Domestic Product (GDP), contributing 6%, and underscored the importance of understanding the market and leveraging financing options for long-term success.

“The real estate sector in 2025 is projected to hit $2.6 trillion in Nigeria alone. This industry contributes 6% to our GDP, and such a crucial sector cannot be overlooked. At Adozillion, we are committed to not just selling properties but building a legacy of trust, delivering real value, and empowering realtors with the tools to thrive,” Dr. Adozi said.

In less than three years, Adozillion Homes has successfully delivered over 100 homes, reinforcing its reputation as a trusted real estate brand in Nigeria. With a focus on strategic expansion, the company has extended its footprint beyond Lagos, launching the Mufasa series across Lagos, Ogun, Benin, and Now Enugu. These expansions demonstrate Adozillion’s commitment to providing prime investment opportunities across Nigeria.

Delivering his address, CEO of Payaza Africa, Seyi Ebenezer underscored the role of integrity in business success, saying “Integrity is the hallmark of finance. If you have integrity, funding and investment will come to you. However, if you default on commercial payments, your credibility will be marked, and no one will do business with you.”

Other notable speakers at the conference included Deputy Chief of Staff, Lagos State Government, Sam Egube, CEO of Fifth Gear Consulting, Niyi Adesanya, Deputy Director of FBN Quest Asset Management
Ifeoluwa Dixon, Media Buyer
Adesola Adeyemi; and Certified Financial Education Instructor, Seyi Abiodun. Each speaker provided invaluable insights to help realtors and investors navigate the evolving real estate landscape.

One of the highlights of the conference was a grand raffle draw, where randomly selected winners received prizes such as microwaves, a coffee maker, shopping vouchers, and an exclusive 300 sqm plot of land — all courtesy of Adozillion Homes and Realty.

With its continued expansion and dedication to delivering high-quality properties, Adozillion Homes and Realty remains at the forefront of shaping the future of real estate in Nigeria.

Experts Call for Strategic Investments, Policy Support to Strengthen Nigeria’s Real Estate Sector

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Nigeria aims at strengthening conflict-sensitive climate adaptation

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Nigeria aims at strengthening conflict-sensitive climate adaptation

By: Michael Michael

The Federal Ministry of Environment, through its Department of Climate Change, in collaboration with the NAP Global Network, has launched an inception workshop aimed at strengthening Nigeria’s capacity for conflict-sensitive climate adaptation while unveiling a new report on integrating peacebuilding into the country’s National Adaptation Plan (NAP) process.

The event, held in Abuja, brought together senior government officials, development partners, security experts, and representatives from various ministries, departments, and agencies (MDAs). It marked a critical step in mainstreaming conflict-sensitivity into Nigeria’s climate policies and development planning.

Delivering the welcome address on behalf of the Director, Department of Climate Change, Dr. Mrs. Eviano Aguirre-Awe, Deputy Director Johanna Baruge stressed the urgency of addressing climate impacts that are increasingly exacerbating insecurity across Nigeria.

“Climate change is already driving extreme weather events, threatening biodiversity, damaging infrastructure, and fueling security challenges.

While mitigation efforts continue, adaptation is equally crucial so that we can adjust systems without undermining daily life,” she said.

She explained that Nigeria’s ongoing NAP formulation will provide a medium to long-term strategy for addressing climate vulnerabilities in a transparent and participatory manner.

Representing the NAP Global Network, Ms. Katrina underscored the importance of linking adaptation with peacebuilding.

“Unpredictable rainfall, rising temperatures, and resource stress often intersect with social and political tensions. If poorly managed, these pressures can worsen inequalities and deepen conflicts.

But if addressed thoughtfully, they can foster cooperation, dialogue, and peace,” she noted, adding that Nigeria’s leadership in this space sets an example for other countries grappling with similar challenges.

The Permanent Secretary of the Ministry, in his opening remarks, recalled Nigeria’s commitment under international agreements such as the UN Framework Convention on Climate Change and the Kyoto Protocol, highlighting the country’s pledge under its Nationally Determined Contribution (NDC 3.0) to cut greenhouse gas emissions by 47% with international support.

He explained that beyond mitigation, Nigeria’s NAP process—supported by the Green Climate Fund—is focusing on adaptation strategies in 13 thematic areas, including climate risk and vulnerability assessments, to strengthen community resilience.

He emphasized that conflict-sensitivity is vital, given Nigeria’s security challenges such as farmer-herder clashes, cattle rustling, and banditry.

“Ignoring medium and long-term adaptation needs in a fragile, conflict-prone context would be a mistake.

Climate action, if conflict-sensitive, can break cycles of fragility by tackling root causes, improving social well-being, and promoting peace,” he said.

The new report launched at the workshop outlines practical guidance for integrating peacebuilding into adaptation processes, identifying enabling factors such as leadership, data, financing, institutional arrangements, stakeholder engagement, and skills development.

Stakeholders were urged to provide meaningful input into the materials being developed and to ensure that climate activities undertaken by their institutions are conflict-sensitive.

The workshop concluded with a call for stronger collaboration, capacity building, and inclusive approaches that position Nigeria as a global leader in linking climate resilience with peacebuilding.

Nigeria aims at strengthening conflict-sensitive climate adaptation

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Armed men ambush patrol team, kill guard in Benue

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Armed men ambush patrol team, kill guard in Benue

By: Zagazola Makama

A member of the Benue State Civil Protection Guard has been killed following an ambush by armed men in Guma Local Government Area of the state.

Zagazola Makama report that the attack occurred on Aug. 25 at about 6:30 p.m. along Uikpam–Umenger road, when military personnel and the Civil Protection Guard were on joint patrol.

Sources disclosed that the patrol team came under ambush by gunmen suspected to be armed herders.

“One victim, identified as Terna Ioryoosu of Umenger village and attached to the Benue State Civil Protection Guard, was shot dead in the attack,”said sources.

The sources said security operatives were mobilised to the scene. The corpse was recovered, photographed, and later released to family members.

Armed men ambush patrol team, kill guard in Benue

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Gunmen abduct driver conveying corpse in Kogi

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Gunmen abduct driver conveying corpse in Kogi

By: Zagazola Makama

Gunmen have abducted a driver who was conveying a corpse in a vehicle along Ojodu Ojakeshi area of Ofu Local Government Area of Kogi.

Sources said that security operatives received a distress call on Tuesday evening that a blue Golf 2 car had been abandoned on the road.

It said that when security operatives, including army troops, police personnel and local hunters, mobilised to the scene, they discovered the vehicle with a corpse inside a casket.

“Two of the three occupants of the vehicle managed to escape from the abductors and later informed the police that they were transporting the corpse from Kwara to Benue when the hoodlums stopped them.

“The assailants whisked away the driver while leaving the corpse and the vehicle behind,” it added.

Bush combing operation is ongoing to rescue the victim and arrest the perpetrators.
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