For years, when buying property in Nigeria, the biggest question was: "Where is it located?" In 2026, a new, far more critical question has emerged: "How is it powered?" The landscape of Nigerian real estate has changed overnight. With the Federal Government’s implementation of the Band A electricity tariff (raising costs by over 300% to N209/kWh) and diesel prices holding steady above N1,100 per...
December 2025
In real estate, there is an old saying: "Follow the crane, and you will find the profit." In Abuja right now, the saying should be: "Follow the bulldozers." Since assuming office, the FCT Minister, Nyesom Wike, has launched one of the most aggressive infrastructure campaigns in the capital's history. Just weeks ago, the FCTA flagged off 12 major road construction projects and commissioned key arterial...
There are two ways to make money in real estate. The first is Capital Appreciation—buying land and waiting for it to grow in value over years. This is the "wealth building" phase. The second, and often more attractive option for those seeking financial freedom today, is Cash Flow. Imagine receiving a bank alert every month, quarter, or year, regardless of whether you worked that day or not. This...
In 2026, however, that script has been flipped on its head. The economic reality of the last 18 months—marked by currency devaluation and hyper-inflation—has fundamentally changed the math of construction. With the price of essential materials like cement, reinforcement bars (iron rods), and finishing fittings hitting all-time highs, the "savings" of self-building have largely evaporated, replaced...
If you own land in Abuja or are planning to buy, you need to pay close attention to the news coming out of the FCT Administration this month. The landscape of property ownership in the capital is shifting, and "business as usual" is no longer an option. In a decisive move to sanitize the real estate sector and improve revenue, the FCT Minister, Nyesom Wike, has initiated a series of strict reforms that...