society
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.
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.
society
Governor Dauda Lawal Hails Troops for Successful Fight against Banditry, Terrorism across Zamfara State
Governor Dauda Lawal Hails Troops for Successful Fight against Banditry, Terrorism across Zamfara State
Governor Dauda Lawal has commended the troops of the Joint Task Force (North West) Operation Fansan Yamma for achieving significant operational successes against bandits in Zamfara State. The troops of the Joint Task Force launched an elaborate and coordinated onslaught in the early hours of Thursday, May 7, 2026, in the Kaura Namoda and Birnin Magaji Local Government Areas of Zamfara State. Following the encounter, troops effectively neutralised three gang leaders and recovered a cache of weapons and ammunition, which included an AK-47 rifle, a machine gun, a locally fabricated handgun, seven rifle magazines and a total of 571 rounds of ammunition.
Governor Lawal described the renewed military offensive as timely, particularly due to the successful operation recorded on May 10, 2026, which disrupted a significant gathering of notorious terrorist leaders and neutralised several commanders. The troops acted on an intelligence report that confirmed that the terrorists had converged at a concealed location in Tumfa Village, Shinkafi Local Government Area, with the intention to coordinate attacks and criminal activities targeting innocent communities in the state. The Air Component launched a precision airstrike on the identified terrorist hideout that successfully destroyed the structure, which served as the terrorists’ meeting point. The governor further reiterates Zamfara State Government’s commitment to ongoing support and logistics for the military and other security agencies operating in the state.
society
Old Students Association rejects alleged commercialisation of Unity School land
Old Students Association rejects alleged commercialisation of Unity School land
By Ifeoma Ikem
The Unity Schools Old Students Association (USOSA) has rejected the alleged commercialisation of any unity schools land under the Public-Private Partnerships (PPP) initiative.
The association made its displeasure known during their awareness walk to protest the concession of the 33 hectares of land belonging to Federal Government College (FGC) Kano yesterday in Lagos.
The members were carrying placards, some of which read “PPP: Save the Future”, “Protect Unity Schools”, “PPP must serve Education not land conversion” and “Schools are not for Real Estate”.
President-General of the Unity Schools Old Students Association USOSA Michael Magaji says Public-Private Partnerships (PPP) was designed to improve public institutions, and not strip them of assets or reduce their land.
Over 60 Unity schools members were drawn from across the nation for the awareness walk to protest against the alleged sale of the school lands.
The P-G said the association was advocating for a sustainable funding model that would preserve educational assets while improving infrastructure, manpower and learning conditions.
“Our coming together is to restore the lost glory of Unity Schools and strengthen Nigeria’s education system. Unity schools are nation-building institutions that have produced leaders across various sectors.
“Unity Schools were not just about education, they were about integration built not by spectators but by active citizens that believe in one nation.
“ The alumni support PPP but oppose the sale of educational assets. Unity never happens by chance but designed, nurtured and protected,’’ he added.
He added that the awareness walk brought about by the alumni across the nation was also to have a stronger network to revive the vision of the Unity Schools.
Mr Humphrey Nwafor, Lagos Chapter President, Federal Government College, Kano Old Students Association said that they are pushing back against the alleged commercialisation of Unity School lands.
Nwafor pointed out that the 33 hectares of land belonging to FGC Kano was concessioned without adequate consultation with stakeholders.
“We are saying there is a better option. Instead of selling our lands and assets, we would rather fund the schools ourselves.
“If the government says it does not have enough money to run the schools, the old students can provide support without taking one inch of the land,” he said.
According to him, the concession arrangement involving the school’s land will undermine the future of unity schools, which were established in the first place to promote national integration.
“These schools were established to unite Nigerians from different ethnic and religious backgrounds and we are appealing to President Bola Tinubu to intervene and ensure that public educational assets are protected,” he added.
He called on the Federal Government to leverage alumni networks in addressing funding challenges confronting unity schools.
“We are in solution mode and impact mode and we believe alumni associations should be integrated into the process of repositioning these schools.
“We recently met with officials of the Federal Ministry of Education and discussions are ongoing toward finding mutually beneficial solutions,” he said.
Mr Alex Akindumila, President of FGC Idoani Alumni Association said the concession controversy was a national test of how public assets and educational institutions are being managed.
He said that they are concerned that reducing lands allocated to unity schools could limit future expansion, agricultural projects, sports facilities, technical workshops and staff accommodation.
“The lands allocated to unity schools were deliberate and visionary.“They were designed to ensure that the schools remain self-sustaining and adaptable to future needs.
According to him, when you shrink the land of a unity school, you do not just reduce space, but reduce possibility , reduce ability to run agricultural programs that can feed students and teach enterprise, even the space required for sports facilities that build discipline, health and national pride.
Also, Mrs Ifeoma Okeke, an alumna of FGC Nsukka, called for transparency, due process and stakeholder engagement in any PPP arrangement involving educational institutions.
She said PPP agreements should align with the public purpose of the schools and not diminish their long-term capacity.
“There must be transparency, competitiveness and proper stakeholder engagement in any concession process involving public educational assets,” she said.
society
NAPS Southwest Condemns Delay in Passage of HND,/B.SC Dichotomy Bill, Issues 30 Days Ultimatum to Nigeria Senate and Federal House of Representative
NAPS Southwest Condemns Delay in Passage of HND,/B.SC Dichotomy Bill, Issues 30 Days Ultimatum to Nigeria Senate and Federal House of Representative
The National Association of Polytechnic Students (NAPS) Southwest has strongly condemned the continued delay in the passage of the bill aimed at ending the long-standing disparity between Higher National Diploma (HND) and Bachelor of Science (B.Sc) qualifications in Nigeria. The association has described the delay as unjust, discriminatory, and harmful to the future of polytechnic education in the country.
The NAPS Southwest expressed deep frustration over what it called the unacceptable silence and inaction from the Nigerian Senate and Federal House of Representatives regarding the bill. The proposed legislation seeks to abolish the dichotomy between HND and B.Sc holders, a divide that has for years limited career progression opportunities for polytechnic graduates, particularly in the public sector.
This ongoing delay represents a significant policy gap that must be urgently addressed. The continued discrimination against HND holders contradicts the principles of equity, fairness, and meritocracy that should define Nigeria’s public service.
For years, polytechnic students and graduates have faced systemic discrimination in employment opportunities, career progression, and societal recognition an injustice that undermines the value of technical and vocational education in national development. The proposed bill represents a critical step toward equity, fairness, and the full recognition of polytechnic education in Nigeria.
We therefore call on the current administration and the National Assembly to prioritize the reintroduction and immediate passage of this critical legislation. Nigeria cannot afford to sideline a significant segment of its skilled workforce due to outdated and discriminatory policies.
It is therefore disheartening that the Nigeria Senate and House of Representatives has yet to act decisively on this matter of urgent national importance. The continued delay raises serious questions about the commitment of lawmakers to addressing the challenges faced by millions of Nigerian youths in the polytechnic system.
The NAPS southwest unequivocally calls on the Senate and House of Representatives to, without further delay, deliberate on and pass the bill to end the HND/B.Sc dichotomy. The future of countless students and graduates depends on this decisive action.
The continued delay in passing this bill is a direct attack on the dignity and future of millions of Nigerian students and graduates, the statement read. We cannot continue to tolerate a system that places artificial barriers on capable individuals simply because of the institution they attended.
Failure to meet this demand will leave NAPS Southwest with no choice but to mobilize Nigerian Polytechnic Students and Graduates across the country for peaceful but firm actions to press home our demands. We are prepared to take all legitimate steps necessary to ensure that justice is served.
NAPS Southwest has therefore issued a strong warning to the Senate and House of Representatives, urging lawmakers to prioritize and immediately pass the bill without further delay. The association made it clear that failure to act promptly would trigger nationwide protests and coordinated actions by Nigerian polytechnic students and graduates.
We urge all relevant stakeholders to initiate comprehensive reforms that will harmonize qualification frameworks, ensure equal opportunities for career advancement, and restore confidence in the civil service system.
NAPS Southwest remains committed to advocating for the rights and dignity of polytechnic students and graduates across Nigeria. We will continue to engage constructively with policymakers and mobilize support until justice is achieved.
Signed
Comr Ogunsola Adewale John
NAPS Southwest Coordinator
+234 704 720 2907
-
news5 months agoWHO REALLY OWNS MONIEPOINT? The $290 Million Deal That Sold Nigeria’s Top Fintech to Foreign Interests
-
society1 week agoSOCIAL MEDIA IS NOT A BATTLEFIELD COMMAND – WHY THE NIGERIAN ARMY’S ACTION AGAINST JUSTICE CRACK IS A NATIONAL SECURITY IMPERATIVE
-
celebrity radar - gossips4 months agoDr. Chris Okafor Returns with Power and Fire of the Spirit -Mounts Grace Nation Altar with Fresh Anointing and Restoration Grace on February 1, 2026
-
celebrity radar - gossips5 months agoProphet Kingsley Aitafo Releases 2026 Prophecy: ‘Nigeria Will Rise, but the World Must Prepare for Turbulence’




