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The Importance of Ember Months in Nigeria’s Real Estate Sector by Dennis Isong.

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The Importance of Ember Months in Nigeria's Real Estate Sector by Dennis Isong.

The Importance of Ember Months in Nigeria’s Real Estate Sector by Dennis Isong.

 

 

 

Sahara Weekly Reports Ember months refer to the last four months of the year: September, October, November, and December. These months hold significant importance across various sectors of the Nigerian economy, and the real estate industry is no exception. The ember months bring about unique circumstances and opportunities that can greatly impact the property market. This article explores why these months are crucial for Nigeria’s real estate sector and how they influence market dynamics.

 

 

The Importance of Ember Months in Nigeria's Real Estate Sector by Dennis Isong.

 

1. Increased Economic Activity

A surge in economic activity characterizes the ember months in Nigeria. As the year draws to a close, businesses strive to meet annual targets, and government agencies work to utilize their budgets before the fiscal year ends. This increased economic activity often translates to more money circulating in the economy, which can have a positive impact on the real estate market.

 

Higher disposable income: Many companies distribute year-end bonuses during this period, increasing the purchasing power of potential property buyers.

Business expansion: Some businesses may look to expand or relocate, leading to increased demand for commercial real estate.

2. Diaspora Influence

The ember months coincide with the holiday season, during which many Nigerians living abroad return home to visit family and friends. This influx of diaspora Nigerians has a significant impact on the real estate market:

 

Investment opportunities: Many in the diaspora see this time as an opportunity to invest in property back home, either for personal use or as an investment.

Increased demand: The temporary surge in population can drive up demand for short-term rentals and potentially influence long-term property values.

Foreign currency injection: Diaspora Nigerians often bring in foreign currency, which can boost the real estate market, especially in a country where the local currency may be experiencing fluctuations.

3. Cultural and Social Factors

Nigerian culture places a strong emphasis on homeownership, and the ember months often amplify this desire:

 

Status symbol: Owning a home by the end of the year is seen as a significant achievement, motivating many to make property purchases during this period.

Family gatherings: The holiday season prompts many to consider upgrading their living spaces to accommodate family gatherings and celebrations.

4. Weather Conditions

The ember months in Nigeria typically mark the end of the rainy season and the beginning of the dry season. This transition in weather patterns can impact real estate activities:

 

Construction boost: The dry weather allows for increased construction activity, potentially leading to more properties entering the market.

Property viewing: Improved weather conditions make it easier for potential buyers to view properties and for real estate agents to conduct site visits.

5. Year-End Goals and New Year Resolutions

As the year comes to a close, many individuals and businesses reflect on their achievements and set new goals:

 

Investment decisions: People may choose to invest in real estate as a way to meet financial goals or diversify their portfolios before the year ends.

New Year preparations: Some may aim to secure new living or working spaces in preparation for the coming year, driving up demand in the real estate market.

6. Government Policies and Budgets

The ember months often see increased government spending and policy implementation:

 

Infrastructure development: Governments may rush to complete infrastructure projects before the year’s end, potentially increasing the value of properties in certain areas.

Policy changes: Any new real estate policies or regulations slated for the new year may influence buying and selling decisions in the ember months.

7. Stock-taking and Portfolio Restructuring

The approach of the year’s end prompts many investors to reassess their portfolios:

 

Property disposal: Some investors may decide to sell properties to balance their portfolios or generate liquidity.

Acquisition opportunities: Others may look to acquire new properties to strengthen their real estate holdings.

8. Increased Rental Activity

The ember months can see a spike in rental activity:

 

Corporate rentals: Businesses may seek new office spaces or renew leases for the coming year.

Residential moves: Families or individuals may look to move to new rental properties before the new year begins.

9. Emerging Real Estate Hotspots

 

During the ember months, it’s crucial to pay attention to emerging real estate hotspots:

 

Satellite Towns: Areas like Ibeju-Lekki in Lagos or Kubwa in Abuja are experiencing rapid development.

Tech Hubs: Locations near growing tech clusters, such as Yaba in Lagos, are becoming increasingly attractive.

New Cities: Planned urban developments like Eko Atlantic City offer unique investment opportunities.

10. Types of Properties to Consider

 

Different property types may offer varying advantages during the ember months:

 

Residential Properties: High demand for housing during holiday visits makes this a prime option.

Commercial Real Estate: Office spaces and retail outlets can be good investments as businesses plan for the new year.

Land: Undeveloped land in growing areas can offer long-term appreciation potential.

11. Leveraging Technology for Remote Transactions

For diaspora investors unable to visit Nigeria:

 

Virtual Tours: Many real estate agencies now offer virtual property tours.

Digital Documentation: Explore options for digital contract signing and online payment systems.

Real-Time Communication: Utilize video calls for real-time property inspections with local agents.

12. Understanding Local Regulations

It’s crucial to be aware of recent changes in real estate regulations:

 

Land Use Act: Familiarize yourself with the implications of the Land Use Act on property ownership.

Foreign Ownership Laws: Understand any restrictions or requirements for diaspora Nigerians investing in property.

Tax Implications: Research recent changes in property taxes or capital gains taxes that might affect your investment.

13. Financing Options for Diaspora Investors

Explore various financing methods tailored for diaspora investors:

 

Diaspora Mortgages: Some Nigerian banks offer mortgage products specifically for Nigerians living abroad.

International Money Transfers: Research the most cost-effective ways to transfer large sums for property purchases.

Joint Ventures: Consider partnering with local investors or family members for shared investments.

14. Risk Mitigation Strategies

Investing during the ember months doesn’t come without risks. Consider these mitigation strategies:

 

Due Diligence: Thoroughly research property titles and ownership history.

Legal Representation: Engage a reputable local lawyer to oversee transactions.

15. Long-term Investment Strategies

Think beyond the immediate purchase:

 

Rental Income: Consider properties with strong rental potential for steady income.

Property Management: Research reputable property management companies if you plan to rent out your investment.

Exit Strategies: Have a clear plan for how you might eventually sell or pass on the property.

 

 

The ember months provide a distinct set of circumstances that make them an ideal time for diaspora Nigerians to invest in real estate back home. During this period, heightened market activity and the availability of potential deals create attractive investment opportunities. Additionally, the chance for personal property inspections and the ability to tap into cultural connections further enhance the appeal. However, successful investment requires thorough research, professional advice, and a well-defined long-term plan. By staying attuned to local market trends, utilizing technology, and being aware of relevant regulations, diaspora Nigerians can make informed and profitable real estate investments in Nigeria during this dynamic time of year.

 

For personalized assistance with property needs in Ojo or other parts of Lagos, interested individuals, particularly Nigerians in the diaspora looking to invest in property back home, can contact Dennis Isong, a top Lagos realtor specializing in helping Nigerians in the diaspora own property stress-free. I can be reached at +2348164741041.

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Debegun Family Cries Out To Governor Dapo Abiodun As Notorious Landgrabber Lateef ‘Eleda’ Leads Violent Invasion in Shagamu

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Debegun Family Cries Out To Governor Dapo Abiodun As Notorious Landgrabber Lateef ‘Eleda’ Leads Violent Invasion in Shagamu

The Debegun family of Shagamu, Ogun State, is appealing to the highest authorities in Nigeria to intervene in a troubling situation that has left their community shaken and distressed. On April 12, 2025, the family was once again subjected to a violent invasion on their land by suspected ajagungbale—a local term for land grabbers who often use force and intimidation to seize land.

According to the family, this isn’t the first time they’re experiencing such terror. In what appears to be a coordinated attack, armed men reportedly stormed their town, shot at residents, and with the backing of some members of the police, whisked away community members to Abeokuta—placing them in the hands of the state’s land task force, allegedly led by one Mustapha Akeem.

The family’s plea is now directed to the Inspector General of Police, the Ogun State Commissioner of Police, Governor Dapo Abiodun, and the Attorney General of Ogun State, urging them to investigate and put a stop to what they describe as “systematic harassment” by these land-grabbing syndicates.

What makes this situation even more alarming is the eerie similarity to a previous incident last year. Members of the community were taken by force from an event, charged to court the next day without a chance to explain themselves, and ended up spending six months in custody before they could secure legal representation. The Debegun family fears a repeat of this injustice is already underway.

“This has become their mode of operation,” a family representative said. “Those picked up yesterday are already being prepped for court. No proper investigation, no fair hearing—just like last year. Meanwhile, some of our people who were shot during the attack are currently treating themselves with their own money. Where is the justice in that?”

The alleged ringleader of the invading group is one Ganiu Lateef, popularly known as Eleda—a man described as notorious and feared across Ikorodu and Shagamu. Others named in the group include Sunday Williams, Amisu Akinlawon, Sukanmi Kadiri, Abiodun Odunsi, and Seyi Fakoya (a.k.a. Were), with additional names still being verified.

The family says they are not just fighting for their land, but for their dignity and safety. “It’s now becoming difficult to understand the role of the police in all this,” the spokesperson continued. “Are they here to protect us, or to help these thugs strip us of our rights? We are calling for thorough investigations, accountability, and protection.”

This is a cry for help from citizens who feel abandoned in their own homeland at Konigbagbe Bus/stop, Shagamu, Ogijo Road. The Debegun family is hoping their voices reach those who have the power to act—before the situation escalates any further.

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Old Lies, New Excuses: How the Nigerian Government Continues to Insult Public Intelligence”

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Old Lies, New Excuses: How the Nigerian Government Continues to Insult Public Intelligence”
By George Omagbemi Sylvester

 

In a stunning yet all-too-familiar display of condescension toward the Nigerian people, the Nigerian Presidency has declared that “nothing new has been revealed” in the decades-old FBI and DEA reports implicating certain high-profile individuals in drug trafficking and money laundering. According to their recent statement, the information “has been public for over 30 years.” While this may be factually true, the real question is: does the age of a crime nullify its relevance or accountability? The answer, in any democracy with a shred of integrity, is a resounding no.

Old Lies, New Excuses: How the Nigerian Government Continues to Insult Public Intelligence”
By George Omagbemi Sylvester

This is not just about dusty files or forgotten scandals. It is about integrity, national image, and the dangerous precedent of shielding political elites from scrutiny while expecting ordinary citizens to abide by the law. When governments trivialize criminal histories under the guise of “old news,” they mock the very foundations of justice and accountability.

1. The Facts: Public but Never Prosecuted
Let us begin with the basics. The U.S. Federal Bureau of Investigation (FBI) and the Drug Enforcement Administration (DEA) released reports in the 1990s implicating several individuals—including now-prominent Nigerian political figures—in drug-related activities. Among these, the most infamous is the case involving Bola Ahmed Tinubu, the current president of Nigeria. According to court documents from the Northern District of Illinois (Case No. 93C4483), U.S. authorities confiscated over $460,000 linked to Tinubu as part of a drug trafficking investigation.

While Tinubu was never formally indicted in the U.S., the forfeiture of such a staggering amount, without any legal contest, is not a minor issue. In the U.S. legal system, civil asset forfeiture—especially of such magnitude—almost always suggests deep suspicion and probable cause. No ordinary citizen could forfeit nearly half a million dollars to the U.S. government without triggering career-ending investigations, but in Nigeria, it earns you the presidency.

2. If It’s “Old News,” Why Is It Still Relevant?
The Presidency’s attempt to dismiss the scandal by calling it “nothing new” is intellectually insulting. Crimes do not expire simply because time has passed. If anything, they become more pressing when perpetrators ascend to greater positions of power. Consider the case of Augusto Pinochet in Chile. His crimes against humanity were decades old by the time he was arrested in London in 1998. Yet, democratic nations supported his prosecution because the rule of law demands that no one is above accountability.

The same logic applies to Nigeria. The relevance of Tinubu’s past is not diminished by the passage of time; it is amplified by his current position. If someone once linked to drug money can become Commander-in-Chief without explanation or legal exoneration, what message does that send to the youth of Nigeria? That crime pays—especially if you’re politically connected?

3. The Global Impact: Nigeria’s Image in Tatters
The world is watching. International investors, diplomats, and foreign governments have access to these same reports. While Nigerian officials downplay the severity, external stakeholders are not fooled. The 2023 Corruption Perceptions Index (CPI) by Transparency International ranked Nigeria 145 out of 180 countries. The World Bank’s Governance Indicators show a steady decline in Nigeria’s control of corruption since 2015. These metrics are not coincidental—they reflect a system that promotes impunity and suppresses transparency.

When the President of a country is associated—even by forfeiture—with narcotics and financial impropriety, global trust in that nation’s governance plummets. Foreign direct investment dries up. Credit ratings drop. Diaspora professionals become hesitant to return. Tourists and scholars think twice before visiting. The long-term economic and diplomatic damage is incalculable.

4. Weaponizing Ignorance: An Assault on Intelligence
Let us not overlook the arrogance embedded in the Presidency’s statement. It assumes the Nigerian public is too ignorant or apathetic to care. It dismisses educated critics, legal scholars, and concerned citizens with the wave of a hand. “Nothing new,” they say, as if moral decay becomes acceptable with time.

But the Nigerian people are not fools. A new generation of politically aware youth, empowered by the internet, is beginning to ask hard questions. Why was this man not investigated locally? Why do we have an EFCC that cannot probe elite politicians but enthusiastically arrests poor youths for internet fraud? Why are pastors, professors, and professionals expected to maintain ethical standards, but politicians are allowed to skate through history with blood on their hands and cocaine in their past?

5. Silence from the Legislature: Complicity in Cowardice
Perhaps even more alarming than the Presidency’s defense is the deafening silence from Nigeria’s National Assembly. The job of any legislature in a democracy is oversight. Yet, our lawmakers have chosen to be quiet spectators, perhaps fearful of implicating their own skeletons in the process.

Contrast this with the United States, where congressional hearings have investigated presidents and vice presidents for far less serious allegations. In South Korea, two former presidents have been imprisoned for corruption. In Brazil, Luiz Inácio Lula da Silva was jailed, released, and had to go through rigorous legal review before being re-elected. But in Nigeria, once you reach a certain echelon, your past is magically erased, sanitized, and glorified.

6. The Judiciary’s Abdication of Duty
The courts have also failed Nigerians. When activist lawyers attempted to bring these issues to court during the 2023 election, the Nigerian judiciary found clever procedural ways to sidestep the real questions. Technicalities were prioritized over substance. Evidence was deemed “inadmissible.” And so, justice was not denied, it was simply postponed indefinitely.

A nation where the courts fear the political elite is a nation on the brink of democratic collapse. The judiciary must regain its spine and remember that its allegiance is to the Constitution, not the cabals who occupy Aso Rock.

7. Public Reaction: Indifference or Boiling Rage?
It is true that many Nigerians have grown numb to scandal. From fuel subsidy fraud to missing billions in defense budgets, corruption fatigue is real. But apathy is a slow poison. It turns citizens into spectators and societies into graveyards of hope.

We must resist this inertia. Every university lecturer, journalist, religious leader, and civil society advocate must keep this issue alive. Not because we enjoy the drama, but because the moral health of our republic depends on it.

8. Furthermore: Accountability Has No Expiry Date
The Presidency’s statement that the reports are “over 30 years old” is not a defense—it’s an indictment of the failure of Nigeria’s justice system. Time does not absolve wrongdoers; it only reveals the depth of institutional rot.

If we allow this to slide, we are telling future leaders that no matter what crimes they commit, power will wash them clean. That is not democracy. That is a kleptocracy wrapped in stolen garments of legitimacy.

To those in power: history is watching. The world is watching. And more importantly, Nigerians are awakening. You may dismiss the truth for now, but the pursuit of justice, no matter how delayed, remains relentless. Accountability may be slow in coming, but it is inevitable.

Old Lies, New Excuses: How the Nigerian Government Continues to Insult Public Intelligence”
By George Omagbemi Sylvester

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Alake, others Lauds Fatgbems Foundation Food Support Initiative

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Alake, others Lauds Fatgbems Foundation Food Support Initiative

Alake, others Lauds Fatgbems Foundation Food Support Initiative

 

The Paramount Ruler of Egba-Land, His Royal Majesty, Oba (Dr.) Adedotun Aremu Gbadebo III, has lauded Fatgbems Foundation, a non-profit and corporate social responsibility of Arm of Fatgbems Group, for the Food Support initiative distributed to five thousand people in Abeokuta, Lagos and Oyo States.

 

Speaking through the Amona of Egba-Land, High Chief Tajudeen Oladehinde, disclosed that the initiative is well commendable, especially at this time when majority of the household struggles to feed for three square meals. It has also given huge support to the government and the traditional system’s efforts in ensuring the economic downturn is drastically minimized.
Chief Tajudeen further noted that the composition of the food bags and the items is a huge investment that the foundation has committed, which has also created a lasting impression on the minds of the beneficiaries and will never be forgotten for a long time.
‘We express our profound gratitude to the board and management of Fatgbems Group for displaying a responsible corporate attitude for the laudable initiative and others will have witnessed’.

 

In his own statement, Board Chairman Fatgbems Foundation, Adebayo Gbemisola, disclosed that, the foundation was set-up mainly for humanitarian activities and has been in the fore front of promoting the tripod idea which is include education, health and entrepreneurial development for over ten years.

 

He added that, the food palliative idea is an appendage to what the foundation stands for and such the campaign is in line with supporting government and other institutions in ensuring Nigerians do not feel the impact of the economic issues.

 

Mr. Gbemisola added that we also reached communities withing our operational areas not only in Abeokuta, but Lagos and Oyo States also benefited. And we will continue to improve our efforts not just to give back but create a lasting impact within and outside of our catchments.

 

In her comments, The Iya-Loja of Egba-Land, Chief Mrs. Oluwakemi Oloyede, commended the initiative and thanked the foundation on behalf of the entire market community in Abeokuta and entire Egba-land for the food palliative that was spread across markets.
The food bags were distributed to various places including, mosques, churches, palaces, various communities and public were also distributed to at the Ake Place and Owu Baptish Church Play field.

 

Fatgbems Group is a Nigerian indeginous conglomerate with interest in Petroleum Marketing, Automobile Tyre Trade & Marketing, Agro-Allied, and Real Estate.

 

Alake, others Lauds Fatgbems Foundation Food Support Initiative

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