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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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“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

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“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

 

The Nigerian social media space was thrown into an uproar on Tuesday as news spread about Segun Olowookere, an only child, who was sentenced to death by hanging for stealing a fowl in Osun State. The case, which dates back to 2010, has raised serious questions about justice, fairness, and the Nigerian judicial system.

Olowookere, now 31, was arrested alongside Sunday Morakinyo in Oyan, Odo-Otin Local Government Area, when he was just 17 years old. Accused of robbing a police officer of two fowls and eggs worth ₦20,000, the duo was convicted in 2014 by Justice Jide Falola of the Osun State High Court.

The Arrest and Trial

According to Olowookere, his ordeal began when a group of minors, allegedly involved in theft, named him as their gang leader. Despite his denial, he was subjected to severe torture by police officers and detained without immediate legal recourse.

“The police demanded ₦30,000 for my bail, but my father could only raise ₦20,000. Before he could return with the full amount, I was transferred to the Special Anti-Robbery Squad in Osogbo,” Olowookere recounted.

At trial, six witnesses testified against him. Although he pleaded not guilty and claimed innocence, the court relied heavily on a controversial confession reportedly obtained under duress. Justice Falola sentenced both Olowookere and Morakinyo to death for armed robbery, life imprisonment for robbery, and three years for theft.

Public Outcry and Calls for Justice

The harsh sentence, perceived as disproportionate to the crime, has ignited widespread criticism. Human rights lawyer Femi Falana (SAN) condemned the ruling, arguing that the trial was unlawful since Olowookere was a minor at the time of the offence.

Falana stated, “The Osun State High Court lacked jurisdiction over the case. The matter should have been handled by the Family Court, which would not impose the death penalty on a child.”

Governor Adeleke’s Intervention

“Sentenced to Death for Stealing a Fowl: The Shocking Case of Segun Olowookere Sparks National Outrage”

Osun State Governor Ademola Adeleke has ordered an investigation and initiated steps for a pardon. “I assure the public that this case is receiving urgent attention. Justice and fairness must prevail,” the governor announced on X.

Lingering Appeal and a Tarnished Legacy

The case is still pending appeal at the Court of Appeal, Akure, 13 years after it began. Meanwhile, Justice Falola, who presided over the trial, was recently retired by the National Judicial Council following a separate scandal involving professional misconduct.

The Human Toll

Olowookere, who has spent over a decade on death row, dreams of becoming a doctor. He has trained under medical practitioners at his custodial center and hopes to prove his innocence and contribute to society.

“I pray to God to set me free. I am not a criminal. I’ve never stolen anything in my life,” he said.

Morakinyo, his co-convict, was not as fortunate. Following years of torture, he has developed severe mental health issues and is now unrecognizable, according to Olowookere.

What’s Next?

As the public awaits the conclusion of the appeal process, Olowookere’s story has become a rallying point for advocacy against systemic injustice. Many Nigerians are calling for comprehensive judicial reforms to prevent such cases in the future.

The tragedy of Segun Olowookere is a grim reminder of the cracks in Nigeria’s justice system—cracks that have left a young man’s life hanging in the balance for over a decade.

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Nigerian Man Returns ₦5 Million Mistakenly Sent to His Account Amid Economic Hardship

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Nigerian Man Returns ₦5 Million Mistakenly Sent to His Account Amid Economic Hardship

A Nigerian man, Ben Kingsley Nwashara, has become a symbol of integrity after returning ₦5 million mistakenly deposited into his bank account during a time of widespread economic hardship in the country.

Nigerian Man Returns ₦5 Million Mistakenly Sent to His Account Amid Economic Hardship

Nwashara shared his experience on X (formerly Twitter) on December 20, posting a screenshot of the unexpected transaction alert. He expressed astonishment at receiving such a large amount during challenging financial times.

“Someone mistakenly sent me ₦5,000,000 (Five Million Naira) to my Fidelity Bank account. In this hard time? I’ve been getting calls from different persons because of this,” he wrote.

Determined to resolve the situation lawfully, Nwashara immediately contacted the police to report the incident, explaining his intent to protect himself from potential fraud accusations.

“I will be headed to the police station to make a statement. Let the bearer of the account come and confirm he or she sent it with evidence,” he added.

In a follow-up post, he shared evidence of his integrity—a receipt showing the successful return of the funds to Sliding Towers Global Limited, the original sender. Additionally, he documented his visit to the Ogui Police Station in Enugu to ensure transparency and accountability.

“Let it be on record that I’ve returned the sum of ₦5Million mistakenly sent to me by one Sliding Towers Global Limited. I’ve also made an entry at the Ogui Police Station, Enugu, to this effect,” Nwashara stated.

His actions have garnered widespread praise on social media, with many commending his honesty and strong moral compass, particularly during Nigeria’s current economic challenges.

“This is the kind of integrity we need in our society. He didn’t succumb to the temptation to keep the money despite the hardship,” one user wrote.

Ben Kingsley Nwashara’s exemplary behavior has sparked conversations about ethics and accountability, proving that integrity still thrives in unexpected situations.

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

 

By Solanke Ayomideji Taiwo

 

 

In a heartfelt message, The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, has extended warm festive greetings to Christians in Abeokuta South, Ogun State, and across Nigeria as the nation embarks on the joyous celebration of Christmas.

 

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

Recognizing the significance of this time of year, Olopade emphasized the essence of unity, love, and gratitude that the Christmas season embodies. He urged citizens to reflect on the virtues of compassion and generosity, which are particularly vital in fostering peace and harmony in communities.

 

 

 

“Christmas is a time for joy, reflection, and togetherness. It reminds us of the values of love and kindness, which are fundamental to our social fabric,” said Olopade. “As we celebrate this festive season, let us remember those in need and extend a hand of support to one another.”

 

 

The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, acknowledged the challenges that many have faced over the past year, including economic hardships and social unrest, yet he expressed optimism for the future. “In the spirit of Christmas, let us embrace hope and look forward to a brighter tomorrow. Our unity and resilience can overcome any challenges we face.”

 

 

 

Olopade also highlighted the importance of sports in promoting peace and national unity, noting that the NSC is committed to fostering an inclusive environment where all Nigerians can participate in sports and recreational activities. He encouraged communities to engage in sports events during the festive period as a means to strengthen bonds and celebrate togetherness.

 

 

 

As part of his Christmas message, Olopade called on everyone to prioritize the welfare of others, particularly the less fortunate. He urged individuals and organizations to consider charitable acts that can uplift those in need during this season of giving.

 

 

 

In closing, Bar. Bukola Olopade wished all Nigerians a Merry Christmas filled with love, peace, and joy. He expressed hope that the spirit of the season would inspire a renewed commitment to community service and cooperation among citizens.

 

 

 

As the festivities continue, the Chairman’s message resonates with the values of compassion, unity, and hope, encouraging all to celebrate the true meaning of Christmas.

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