Experts urge strategic investments, policy reforms to boost Nigeria’s real estate sector

Experts urge strategic investments, policy reforms to boost Nigeria’s real estate sector

Industry leaders and policymakers have called for increased strategic investments and stronger policy support to drive growth in Nigeria’s real estate sector, which is projected to reach $2.6 trillion by 2025.

This was the key takeaway from the recently concluded Eklisia Realtors’ Conference 2.0, themed “Staying in the Game.” Organized by Adozillion Homes and Realty, the event brought together top professionals to discuss market trends, financial strategies, and policy initiatives crucial for a resilient property sector.

Speaking at the Lagos conference, Dr. Simon Adozi, CEO of Adozillion Homes and Realty, emphasized the real estate sector’s contribution of 6% to Nigeria’s Gross Domestic Product (GDP). He highlighted the need for industry players to understand market dynamics and leverage financing options for sustainable growth.

“The real estate sector in Nigeria is projected to hit $2.6 trillion by 2025. This industry is a key pillar of our economy, and it must not be overlooked. At Adozillion, we are dedicated to not just selling properties but building a legacy of trust and providing real value,” Adozi stated.

In under three years, Adozillion Homes has delivered over 100 homes, establishing itself as a trusted real estate brand. The company has expanded beyond Lagos, launching the Mufasa series across Ogun, Benin, and Enugu, offering prime investment opportunities nationwide.

Seyi Ebenezer, CEO of Payaza Africa, underscored the importance of integrity in business success. “Integrity is the foundation of finance. If you uphold it, funding and investment will come to you. But if you default on commercial obligations, your credibility suffers,” he noted.

Other notable speakers included Deputy Chief of Staff of the 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 expert provided insights to help realtors and investors navigate the evolving real estate landscape.

A key highlight of the event 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, courtesy of Adozillion Homes and Realty.

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

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