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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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₦100 Million Bribe Offer Rejected As Police STS Operatives Expose Criminal Syndicate

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₦100 Million Bribe Offer Rejected As Police STS Operatives Expose Criminal Syndicate

 

 

 

The Special Tactical Squad (STS) of the Nigeria Police Force has recorded a major breakthrough in its sustained crackdown on the vandalisation of critical national infrastructure, with the arrest of two notorious suspects and the recovery of railway materials valued at over ₦400,000,000.

 

Acting on the directive of the Inspector-General of Police, IGP Olatunji Rilwan Disu, psc(+), NPM, to decisively tackle acts of economic sabotage, operatives of the Force Intelligence Department – Special Tactical Squad (FID-STS), under the leadership of ACP Victor Ogbeide Godfrey, executed a swift, intelligence-driven operation that led to the arrest of Chisom Goodnews (32) and Ahmed Adamu (22) on April 9, 2026, in Akwanga, Nasarawa State.

 

The suspects were intercepted while transporting vandalised railway infrastructure in a calculated attempt to evade detection. Recovered from them was a trailer truck with registration number KRB 355 SX, conveying railway tracks and sleepers weighing approximately 60 tonnes, cleverly concealed under sacks of groundnut shells. Preliminary investigations indicate that the suspects are part of a well-coordinated syndicate responsible for the illegal removal and transportation of railway materials from Bauchi State to Ilorin, Kwara State, representing a significant threat to Nigeria’s transportation infrastructure.

 

Speaking on the operation, ACP Victor Ogbeide Godfrey revealed that in a desperate bid to compromise the officers and frustrate the arrest, the suspects offered a staggering sum of ₦100 million as a bribe to allow them passage with the illicit cargo. The offer was, however, outrightly rejected by the operatives, who remained resolute in the discharge of their duties. This firm stance underscores the Nigeria Police Force’s renewed commitment to professionalism, integrity, and its zero-tolerance policy towards corruption.

 

Further investigations are ongoing to apprehend the intended receiver of the stolen materials in Ilorin, as well as other members of the syndicate, while efforts are being intensified to recover additional exhibits linked to the criminal network.

 

The Inspector-General of Police, IGP Olatunji Rilwan Disu, has reiterated the Force’s unwavering resolve to bring all perpetrators of economic sabotage to justice, warning that acts of vandalisation of public assets will not be tolerated. He assured that all individuals found culpable will be made to face the full weight of the law.

 

₦100 Million Bribe Offer Rejected As Police STS Operatives Expose Criminal Syndicate

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Nigeria Police Initiative Targets Youth Vices As POCACOV Undertakes Strategic Visit To Cross River

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Nigeria Police Initiative Targets Youth Vices As POCACOV Undertakes Strategic Visit To Cross River

 

 

As part of a two-day strategic working visit to Cross River State, the National Coordinator of POCACOV (Police Campaign Against Cultism and Other Vices), SP Orvenonne Ikwen, Ph.D., embarked on a series of high-level engagements aimed at strengthening partnerships, deepening community participation, and advancing the non-kinetic approach to crime prevention across the state, in line with the vision of the Inspector-General of Police, IGP Olatunji Rilwan Disu, psc(+), NPM, whose policing philosophy is rooted in community partnership, public trust, proactive engagement, and preventive policing aimed at building safer communities across Nigeria.

 

The visit commenced with a courtesy call on the Commissioner of Police, Cross River State Command, CP Rashid B. Afegbua, psc, mnips, who warmly received the National Coordinator and commended the POCACOV initiative for its significant impact in tackling cultism, bullying, drug abuse, gangsterism, school violence, and other social vices affecting young people and vulnerable groups. He reaffirmed the Command’s commitment to supporting proactive policing strategies that promote trust, restore public confidence, and ensure lasting peace and security across Cross River State.

 

 

In continuation of the visit, the National Coordinator paid a courtesy visit to the Honourable Commissioner for Youth Development, Barr. Ijom Ukam, who described the POCACOV visit as timely and highly strategic, especially during what he referred to as a volatile and transitional period in society. He emphasized that the engagement reinforces the collective responsibility of government, institutions, and citizens in addressing the growing concerns of social vices among young people.

According to him, “The primary responsibility of every government is the security of its citizens,” noting that the adoption of the non-kinetic approach by the Nigeria Police Force through POCACOV demonstrates that the Police truly care about the future of Nigerian youths. He commended the Nigeria Police Force for embracing preventive policing and pledged the Ministry’s full support for POCACOV activities in Cross River State.

 

 

Barr. Ijom Ukam further declared that POCACOV has come to stay in Cross River State and assured the National Coordinator of sustained collaboration in mobilizing young people, creating awareness, and implementing youth-focused interventions that will help eradicate crime and social vices from the state.

 

 

As part of the media advocacy component of the visit, SP Orvenonne Ikwen also visited prominent radio stations including HIT FM and Sparkling FM, where she engaged media stakeholders on the need for continuous public sensitization, youth mentorship, and strategic communication in crime prevention. She stressed the critical role of the media in shaping positive narratives, promoting civic responsibility, and supporting national efforts to discourage cultism and other harmful behaviors among youths.

The National Coordinator also met with content creators and digital influencers in the state, including popular creative personality MC Koboko, to strengthen collaboration in using social media and entertainment platforms as tools for advocacy and youth engagement. She emphasized that content creators remain powerful voices in shaping public perception and influencing positive behavioral change among young people. She called for stronger partnerships with creative stakeholders to amplify the message of POCACOV and promote peace, responsibility, and social values across communities.

She noted that POCACOV remains a major strategic initiative of the Nigeria Police Force designed to complement law enforcement with prevention-focused solutions, reflecting the IGP’s vision of policing that is rooted in public trust, inclusiveness, and strong community partnership.

The working visit further strengthened collaboration between POCACOV, the Cross River State Police Command, the Ministry of Youth Development, educational institutions, religious leaders, traditional institutions, parents, and the media, all united in the shared goal of building safer communities and securing a better future for the younger generation.

The visit stands as another strong testament to the Nigeria Police Force’s commitment to preventive policing, youth empowerment, and sustainable peacebuilding through stakeholder engagement and strategic partnerships.

 

Nigeria Police Initiative Targets Youth Vices As POCACOV Undertakes Strategic Visit To Cross River

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Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership

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Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership

Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership

 

 

A leading gubernatorial aspirant under the Peoples Democratic Party (PDP) in Oyo State, Olufemi Ajadi Oguntoyinbo, on Sunday intensified his consultations with key grassroots powerbrokers as he hosted members of the influential Forum of Immediate Past Party Chairmen, popularly known as G-22, at his residence.

 

Addressing the forum, Ajadi described the gathering as a significant moment in his political journey, acknowledging the strategic relevance of the group within the PDP’s structure across the state.

 

“Members of G-22 are well known in our great party, the PDP. I am truly delighted to receive you in my residence today,” Ajadi said. “I humbly seek your support and cooperation to make this gubernatorial ambition a reality. Together, we can strengthen our party and build on the legacy of good governance of our amiable leader in Oyo State, Governor Seyi Makinde.”

 

The gubernatorial aspirant further emphasised his long-standing commitment to humanitarian services and party unity, noting that his political engagements have always been driven by service, inclusiveness, and loyalty to the PDP.

 

Speaking earlier, the chairman of the forum, Alhaji Lukman Adesina, a former local government chairman in Ibadan North-West and ex-chairman of all PDP local government chairmen in the state, underscored the political weight of the G-22 within Oyo politics.

 

“This forum, G-22, played a vital role in the emergence and re-election of Governor Seyi Makinde in both his first and second terms,” Adesina stated. “We are grassroots politicians with strong influence across our respective local governments, and our contributions to the success of the PDP in Oyo State are well documented.”

 

Adesina commended Ajadi’s philanthropic record and commitment to party cohesion.

 

“Ambassador Ajadi has been a known philanthropist, even from his days in Ogun State. He has continued to invest his resources—financially and intellectually—in keeping the PDP united in Oyo State. His humanitarian disposition mirrors that of Governor Makinde,” he added.

 

Also lending his voice, Hon. Sakiru Ojo, the secretary of the forum, praised Ajadi for hosting the members of the forum and highlighted the importance of engaging G-22 members ahead of the party primaries.

 

“On the day Ajadi met with leaders of the Oyo Federal Constituencies, I made it clear that the G-22 must not be sidelined. I commend him for taking that advice seriously,” Ojo said.

 

In separate remarks, other members of the forum expressed optimism about Ajadi’s ambition while offering prayers and strategic counsel.

 

Chief Johnson Ojebiyi, former chairman of Kajola Local Government, drew parallels between Ajadi’s consultations and Governor Makinde’s early political strategy.

 

“This is exactly how Governor Makinde began—through wide consultations. It paid off for him, and we believe it will for Ajadi too. However, he must remember this forum when he succeeds,” Ojebiyi advised.

 

Similarly, Hon. Adedeji Sola, former chairman of Afijio Local Government, noted the enduring relationship between the G-22 and the current administration.

 

“Governor Makinde has always carried the G-22 along in his political activities. We pray that Ajadi finds similar favour and support,” he said.

 

Hon. Bakare Isaiah of Ona-Ara Local Government affirmed the internal support Ajadi enjoys within the group.

 

“Our chairman speaks highly of you and has consistently advocated for your acceptance among members. When you secure the party ticket, we expect a follow-up engagement,” he remarked.

 

Prayers for the success of Ajadi’s ambition were also offered by Alhaji Adebisi Sikiru (Ibarapa East) and Hon. Oyeleye Gideon (Ogo-Oluwa), reflecting a generally positive reception from the forum.

 

The meeting began with an opening prayer led by Alhaji Balogun Moruf, former chairman of Ibadan South-West Local Government, while the closing prayer was delivered by Hon. Oyeleye Gideon. Balogun later returned to give the vote of thanks, appreciating Ajadi for the warm reception.

 

Political observers note that the G-22, comprising former PDP local government chairmen with deep grassroots structures, remains a critical bloc in determining the outcome of party primaries and general elections in Oyo State.

 

Sunday’s meeting is widely seen as part of Ajadi’s broader strategy to consolidate support across key party stakeholders as the race toward the 2027 gubernatorial election gradually gathers momentum.

Ajadi Seeks G-22 Backing for 2027 Governorship Bid, Pledges Unity and Inclusive Leadership

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