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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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Katsina Police Foil Banditry Attack, Rescue Kidnapped Victims

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Katsina Police Foil Banditry Attack, Rescue Kidnapped Victims

By: Zagazola Makama

Police in Katsina State foiled a banditry attack on May 8, 2025, and successfully rescued two kidnapped victims in Matazu Local Government Area. The attack took place around 1400hrs when armed men, suspected to be bandits, targeted farmers working in the Ilali village area.

The bandits abducted two individuals, Sada Maraya, 45, and Basiru Magaji, 47, both residents of the village.

Upon receiving a distress call, the Divisional Police Officer (DPO) mobilized a team of patrol officers and swiftly responded to the scene. The police engaged the bandits in a gunfight, forcing them to flee into a nearby forest.

The victims were rescued unharmed, and efforts to apprehend the fleeing bandits are ongoing.

Katsina Police Foil Banditry Attack, Rescue Kidnapped Victims

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Six Military personnel, two civilians arrested over death of suspect in kaduna

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Six Military personnel, two civilians arrested over death of suspect in kaduna

By: Zagazola Makama

Atleast Six Military personnel and two civilians were arrested in connection with the alleged torture and death of a 65-year-old man, Surajo, popularly known as “Alhaji M,” in Millennium City, Kaduna.

Sources told Zagazola Makama that the incident reportedly occurred on May 3, 2025, when two civilians, Alhaji Adamu Jinjiri, of Shehu Laminu Road, Unguwan Rimi, and Ibrahim Yakubu, of Maladanga Road, Unguwan Rimi, apprehended the deceased over allegations of conspiracy and theft.

The suspects accused the victim of aiding one Yahaya Aleiru, currently at large, in stealing a cow and an electrical distribution box. They allegedly handed Surajo over to operatives of the Millennium City Strike Force, a military security unit in the area.

According to a police sources, the victim was severely tortured at a checkpoint by the military personnel, including one Lieutenant Alhassan Musa and five others, leading to his collapse.

Surajo was later rushed to Barau Dikko Teaching Hospital, where he was confirmed dead by a medical doctor.

Sources from the Kaduna State Police Command said all eight suspects, including the six soldiers and the two civilians who initiated the arrest, have been taken into custody.

“The case has been transferred to the State Criminal Investigation and Intelligence Department (SCIID), Kaduna, for discreet investigation,” a police source told Zagazola Makama.

Six Military personnel, two civilians arrested over death of suspect in kaduna

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Zulum Resettles 6,000 Families from Dikwa, Mafa

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Zulum Resettles 6,000 Families from Dikwa, Mafa

… To Upgrade Skill Center at Maiduguri Correctional Facility

By: Our Reporter

Borno State Governor, Babagana Zulum Umara, has announced the resettlement of 6,000 families displaced by Boko Haram insurgents. The families mostly hailed from Dikwa and Mafa local government areas.

Zulum announced the plan on Monday at Muna IDP camp, one of the largests with about 11,000 families taking refuge due to the over a decade old crisis in Borno.

Addressing journalists, Zulum reiterated that the resettlement became imperative due to the high-level of illicit activities in the camp.

“Boko Haram can never be eradicated without resettlement taking place. People have to go back to their homes and earn their livelihood. We have observed that in the IDP camp, there is increasing prostitution, increasing gangsterism, cases of child abuse and other criminalities,” Zulum said.

He added, “If you could remember, about four years ago, we announced that all formal IDP camps within Maiduguri metropolis would be closed. So far, so good, we have closed all down, about 12 of them. We have two informal camps remaining. We have resettled about 75% of the IDPs here (Muna camp), and the remaining 25% will return to their ancestral localities in the next few days.

According to Governor Zulum, each of the 6,000 families will receive food aid, shelter materials, and access to healthcare services as part of the resettlement process.

The Governor also announced that while each head of both male and female households receives N100,000, an additional N50,000 will be distributed to the housewives.

… To Upgrade Skill Center at Maiduguri Correctional Facility

Meanwhile, Governor Zulum also announced a plan to upgrade the vocational and skill acquisition centre at Maiduguri Maximum Security Correctional Facility to enhance rehabilitation and reduce the tendency for inmates to relapse into criminal activities.

The Governor who visited the facility on Monday morning emphasised that the essence of prison sentences is to transform lives, not just to confine individuals. He said, “I am here to examine the living conditions of the inmates here, especially in the areas of technical and vocational skills.

The essence of keeping them at the correctional facility is largely to reform them, but this cannot be feasible without facilities on the ground. We can also examine cases of some inmates, and within the ambit of the law, we will look to the possibility of releasing those convicted of minor offences,” Zulum said.

Governor Zulum was accompanied by a member of the House of Representatives, Engr Bukar Talba, Acting Chief of Staff, Dr Babagana Mallumbe, Special Adviser on Religious Affairs, Shiekh Modu Mustapha, and the permanent secretary of the Government House, Barrister Mustapha Ali Busuguma.

Zulum Resettles 6,000 Families from Dikwa, Mafa

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