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10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong

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10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong 

10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong

 

 

 

 

 

 

Have you ever thought about buying a house or apartment that hasn’t been built yet? This is called buying “off-plan” property. In Nigeria, more and more people are choosing this option when they want to own a home. Let’s explore 10 big advantages of buying off-plan property in Nigeria.

 

 

 

10 Advantages of Buying Off-Plan Property in Nigeria by Dennis Isong 

 

 

1. Lower Prices

 

One of the best things about buying off-plan is that it’s usually cheaper than buying a finished home. When you buy early in the building process, developers often offer lower prices to attract buyers. This is because they need money to start or continue building. By buying off-plan, you can get a great deal on a property that might cost much more once it’s finished.

 

For example, let’s say a developer is planning to build a block of apartments in Lagos. They might offer the first few buyers a 20% discount on the final price. This means you could save millions of Naira just by buying early!

 

2. More Time to Save Money

 

When you buy off-plan, you don’t have to pay for everything at once. Usually, you pay a deposit first, and then you make more payments as the building goes up. This gives you more time to save money or arrange a mortgage. It’s like having a savings plan that ends with you owning a home!

 

Let’s say the apartment you want costs 50 million Naira. You might pay a 10% deposit (5 million Naira) when you agree to buy it. Then, you could have 18 months or more to save up or arrange the rest of the money before the apartment is ready.

 

3. Customization Options

 

Another great thing about buying off-plan is that you often get to choose how your home looks inside. You might be able to pick the colors of the walls, the type of flooring, or even the layout of the rooms. This means your new home can be just the way you like it, without you having to do any extra work.

 

Imagine being able to choose between having a big kitchen or an extra bedroom. Or picking the perfect tiles for your bathroom. When you buy off-plan, you often get these choices!

 

4. Newer Designs and Technology

 

Off-plan properties are usually more modern than older homes. Developers use the latest building techniques and include new technologies. This could mean better insulation to keep your home cool, solar panels to save on electricity, or smart home features that make life easier.

 

For instance, your new off-plan apartment might come with high-speed internet already installed, or a modern security system to keep you safe.

 

5. Higher Potential for Increase in Value

 

Property values in Nigeria often go up over time, especially in big cities like Lagos, Abuja, and Port Harcourt. When you buy off-plan, you’re locking in today’s price for a property that will be finished in the future. By the time your home is ready, it might already be worth more than what you paid for it!

 

Let’s say you buy an off-plan apartment in Abuja for 40 million Naira. Two years later, when it’s finished, similar apartments in the area might be selling for 50 million Naira. You’ve already gained 10 million Naira in value!

 

6. Better Locations

 

Developers often choose great locations for their new projects. They look for areas that are growing or improving, places close to important roads, schools, or shopping areas. By buying off-plan, you might get a chance to own property in an area that will become very popular in the future.

 

For example, a developer might start a project in an area of Lagos that’s getting a new train station. By the time your home is ready, you could be living in a well-connected, sought-after neighborhood.

7. Guaranteed New Home

 

When you buy off-plan, you know you’re getting a brand new home. Everything will be fresh and unused. This means you probably won’t have to spend money on repairs or renovations for a long time. New homes also often come with warranties, so if anything does go wrong, it can be fixed for free.

 

Imagine moving into a home where you’re the first person to use the kitchen, or sleep in the bedroom. Everything is clean, new, and working perfectly!

8. Easier Budgeting

 

Buying off-plan can make it easier to plan your finances. You know exactly how much you need to pay and when. This can help you avoid surprises and make sure you have enough money saved at the right times.

 

For instance, if you know you need to pay 20% when the foundation is laid, 30% when the walls are up, and the rest when it’s finished, you can plan your savings or loan payments to match these stages.

9. Potential for Better Deals

 

Developers want to sell their properties quickly, especially at the start of a project. This means they might offer special deals to early buyers. You could get extras included in the price, like air conditioning units, a parking space, or even furniture.

 

Some developers might even offer a guarantee to buy back the property at a higher price if you decide you don’t want it when it’s finished. This can give you peace of mind about your investment.

 

10. Excitement and Anticipation

 

Last but not least, buying off-plan can be really exciting! You get to watch your future home being built from the ground up. Each visit to the site shows more progress. It’s like watching a dream come true in front of your eyes.

 

This excitement can make the waiting time feel special, rather than frustrating. You have time to plan how you’ll decorate, or to save up for furniture. By the time you move in, you’ll already feel a strong connection to your new home.

 

 

Dennis Isong is a TOP REALTOR IN LAGOS.He Helps Nigerians in Diaspora to Own Property In Lagos Nigeria STRESS-FREE. For Questions WhatsApp/Call 2348164741041

 

 

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Alleged Manipulation of Defilement Case Sparks Call for Review of Legal Advice in Lagos

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Alleged Manipulation of Defilement Case Sparks Call for Review of Legal Advice in Lagos

By Ifeoma Ikem

 

A legal controversy has emerged in Lagos following a petition seeking a review of a legal advice issued in a case involving two female teachers accused of negligence in a child injury incident at a nursery school in Ikorodu.

The petition, submitted by Crown Cannan Attorneys, urges the Lagos State Ministry of Justice to reconsider the legal advice issued on September 16, 2022, in the case titled Commissioner of Police vs. Ambassador Rukayat Tobiloba and Rukayat Lawal.

Addressed to the former Lagos State Attorney-General and Commissioner for Justice, Moyosore Onigbanjo, the application argues that the legal advice may have been influenced by what the petition describes as a “deliberate manipulation of facts.”

According to counsel representing the defendants, the allegations stem from an incident that allegedly occurred on October 26, 2021, at Great Kezino Nursery and Primary School located in the Adamo area of Ikorodu, Lagos.

The defendants, Ambassador Rukayat Tobiloba, 26, and Rukayat Lawal, 24, were reportedly the class teacher and assistant class teacher respectively in charge of a Nursery One class where the incident occurred.

Court documents indicate that a three-year-old pupil, identified as Victim A, was reportedly injured after another pupil allegedly pierced a pencil into her private part during school hours.

The prosecution claims the incident occurred due to the failure of the teachers to exercise adequate care and supervision over the children under their custody.

Based on this allegation, the two educators were charged with negligence under Section 252 of the Criminal Law of Lagos State, 2015, which addresses acts that may cause harm through lack of proper care.

The defendants were subsequently arraigned before Magistrate Court No. 2 in Ikeja on April 19, 2022, where they faced a one-count charge relating to the incident.

During the investigation conducted at the Gender Unit of the Lagos State Police Command in Ikeja, several civil society groups reportedly monitored the proceedings.

Among them were representatives of the African Women Lawyers Association (AWLA) and other non-governmental organizations.

These groups reportedly raised concerns about what they described as a growing tendency to weaponise allegations of child abuse in ways that could unfairly damage reputations and careers.

In its petition, the defence team argued that the case deserves a fresh review to ensure that justice is served based on verified facts rather than assumptions or public pressure.

They urged the Ministry of Justice to carefully reassess the legal advice and the circumstances surrounding the investigation to determine whether the prosecution should proceed as currently framed.

Legal observers say the outcome of the requested review could determine the next stage of the case and may also highlight broader concerns about investigative procedures and child protection cases within the justice system.

Reacting to a viral social media post by Ambassador Rukayat Tobiloba, who claimed she might be jailed for defilement, the head teacher of Great Kezino Nursery and Primary School, Mrs. Edaolaropin Toyin, provided the school’s account of events.

According to her, the pupil identified as Victim A was enrolled in the Nursery One class on September 20, 2021, which had about 15 pupils.

She explained that on October 26, 2021, the pupil was transported home on the school bus after closing hours and handed over to her father around 4:30 p.m.

“Later that night, the pupil’s mother allegedly contacted the head teacher, claiming her daughter cried while bathing and alleged that a male classmate, Victim B, had inserted a pencil into her private part during school hours,” she said.

The school, however, rejected the allegation, maintaining that no such incident occurred while the child was in its custody.

“The following morning, the teacher visited the pupil’s home, where the father reportedly denied the mother’s account of the incident,” Toyin added.

She said the situation escalated later that day when the child’s parents arrived at the school with police officers from Imota Police Station demanding that the alleged male classmate be produced.

The head teacher further stated that the school management had supported Tobiloba throughout the legal process.

“Since the incident happened, the school management has never stopped supporting Tobiloba’s welfare until last year when she sent a WhatsApp message saying she was no longer interested in the court matter, claiming she had relocated to Ibadan,” she said.

She described the claims currently circulating on social media as “defamatory narratives.”

 

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GEN CG MUSA SUPPORT INITIATIVE MOURNS FALLEN HEROES AND URGES UNITY IN SECURITY SUPPORT

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*GEN CG MUSA SUPPORT INITIATIVE MOURNS FALLEN HEROES AND URGES UNITY IN SECURITY SUPPORT

 

The Gen Christopher Gwabin Musa Support Initiative (GCGMSI) expresses its heartfelt condolences to His Excellency Gen Christopher Gwabin Musa OFR, Minister of Defence of the Federal Republic of Nigeria, Grand Patron of the Initiative, and the families of the fallen heroes who courageously lost their lives in a recent attack by ISWAP in Konduga, Marte, Jakana, and Dalori in Borno State, northeast Nigeria. Among the tragic losses were three senior military commanders: Major U.I. Mairiga, Lt-Col Umar Faruq, and Lt-Col S.I. Iliyasu, who dedicated their lives to the service of our nation.

The GCGMSI implores the public to continue supporting our security agencies, emphasizing that the safety and security of our nation is a collective responsibility. Every day, our security forces pay the ultimate price to safeguard our country. We urge the public to remain supportive, pray for their success, and refrain from politicizing the security challenges we face.

This was contained in a statement signed by the Convener, Ibrahim Dahiru Danfulani Sadaukin Garkuwan Keffi/Betara Biu, which has been made available to the press. The statement highlights the initiative’s profound concern for the losses sustained by our security personnel and reflects on the broader security situation in Nigeria.

In his unwavering commitment to addressing the insecurity plaguing our nation, the Minister of Defence, Gen Christopher Gwabin Musa, has consistently engaged in urgent meetings with service chiefs, reinforcing strategic plans to combat threats and enhance national security. His leadership and decisive actions demonstrate a dedication to restoring peace and stability across our regions, ensuring a safer environment for all Nigerians.

GEN CG MUSA SUPPORT INITIATIVE MOURNS FALLEN HEROES AND URGES UNITY IN SECURITY SUPPORT

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SECURITY IS A SHARED RESPONSIBILITY: BACKING OUR MINISTER OF DEFENCE GEN. CHRISTOPHER GWABIN MUSA OFR

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SECURITY IS A SHARED RESPONSIBILITY: BACKING OUR MINISTER OF DEFENCE GEN. CHRISTOPHER GWABIN MUSA OFR By Ibrahim Dahiru Danfulani

SECURITY IS A SHARED RESPONSIBILITY: BACKING OUR MINISTER OF DEFENCE GEN. CHRISTOPHER GWABIN MUSA OFR

By Ibrahim Dahiru Danfulani

 

In these challenging times, it is essential for all Nigerians to rally behind our leaders, particularly His Excellency Gen. Christopher Gwabin Musa OFR, the Minister of Defence. The security of our nation is not a matter to be taken lightly or politicized. Gen. Musa, recognized for his unwavering dedication and sacrifice, has served our country commendably throughout his life.

Following the recent reshuffle of service chiefs by President Asiwaju Bola Ahamed Tinubu GCFR, which resulted in Gen. Musa’s retirement as Chief of Defence Staff, many voiced their concerns. Yet, upon his appointment as Minister of Defence, there was a renewed sense of hope among the populace. Gen. Musa has embraced his role with an unwavering commitment, often sacrificing his rest to ensure the safety and security of our great nation.

While it is undeniable that Nigeria faces security challenges, we must approach these issues with unity rather than division. It is crucial to recognize that those who politicize our national security are often those who have not contributed positively to the success of our security agencies. Instead of spreading negativity, we should support Gen. Musa in his mission to restore peace and stability.

SECURITY IS A SHARED RESPONSIBILITY: BACKING OUR MINISTER OF DEFENCE GEN. CHRISTOPHER GWABIN MUSA OFR

By Ibrahim Dahiru Danfulani

To achieve our collective goal of a secure Nigeria, we must provide Gen. Musa with the trust he deserves. His vision and determination, paired with our support and prayers, can pave the way to overcoming the challenges we face. It’s time for every Nigerian to put aside political differences and work together for the common good. Let us have faith in our leaders and trust in Gen. Musa’s ability to steer our nation towards safety and security.

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