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‘Real estate investments remain a hedge against currency devaluation’

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‘Real estate investments remain a hedge against currency devaluation’

A Real estate development firm, Lifecard International Investment Company, has revealed that many investors are embracing global real estate investment opportunities, as it becomes a hedge against currency devaluation.

The company noted that in many developing economies, currency volatility erodes wealth, while global real estate investment opportunities allow investors to preserve and grow capital in stronger, more stable currencies and offering a financial shield in uncertain times.

The Chief Executive Officer of the firm, Grace Ibhakhomu, spoke at the launch of its global real estate investment and citizenship advisory hub in Dubai. She said the strategic expansion marks a landmark milestone in the company’s mission to empower high-net-worth individuals, investors with access to premium real estate assets and citizenship-by-investment opportunities across key global markets.

Ibhakhomu stressed that the hub will serve as a springboard for investors seeking a pathway to global wealth, mobility, and legacy. She added that global real estate investment was bolstered by the availability of infrastructure and stable economies in countries like Dubai.

“Investing in countries with world-class infrastructure, robust legal systems, and stable governance ensures long-term asset value and ease of management. Our mission is to connect clients to well-planned and high-growth cities with proven investor track records,” she said.

According to her, investment in global real estate offers investors stronger and predictable returns, pointing out that the global market often offers higher rental yields, consistent capital appreciation and lower risk profiles than many local investments.

She said, “Our research-driven approach ensures investors tap into opportunities with attractive and predictable return on investment. Many global cities, including Dubai, offer business-friendly policies, investor protections, transparent regulations, and easy repatriation of profits. This creates a safe, stable, and growth-oriented environment for real estate investors to thrive.

“Spreading investments across continents, currencies, and asset classes help minimise exposure to local market shocks, ensuring portfolio balance and security.

jurisdictions, smart structuring strategies, while the firm helps clients legally minimise tax burdens and enhance after-tax returns.

Ibhakhomu said, “Real estate remains one of the most effective tools for safeguarding wealth from inflation. Our global portfolio includes properties in high-demand markets where value naturally appreciates over time.”

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FG To Build Bamboo Houses For Low And Medium Income Earners

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FG To Build Bamboo Houses For Low And Medium Income Earners

Federal Government says it is embarking on building affordable and durable smart houses for low and medium-income earners across the country using only bamboo plants.

FG said bamboo, with other proven technologies, can provide a scalable solution to the housing needs of Nigeria’s growing population without exploitation of the environment.

The Permanent Secretary, Federal Ministry of Innovation, Science and Technology, Mrs. Esuabana Nko Asanye, who disclosed this in Abuja on Wednesday added that the Nigerian Building and Road Research Institute (NBRRI) Technologies, an agency under the ministry, is embarking on solving the diverse needs within Nigeria’s housing sector using green technologies, and that’s include using only bamboo plant for smart houses.

Mrs. Esuabana, who was represented by the Director Environmental Science Technology (EST), Mrs. Benadette Oguche, made this statement at a One-Day Capacity Building Workshop on the Relevance of Bamboo for Climate-Smart Housing Construction: Integrating Nigerian Building Road Research Institute (NBRRI) Technologies in Reducing Carbon Footprint, in Abuja.

Esuabana explained that by adopting only bamboo plants for smart houses, Nigeria will not only promote environmental sustainability but also ensure that the construction process aligns with principles of adaptability, comfort, and affordability for both low and medium-income earners in the country.

The Permanent Secretary also stated that she believes that the knowledge gained from the workshop would help overcome the challenges that lie ahead, which include high initial capital cost, unstable supply of raw materials, among others.

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Real Estate Achievers Awards and Exhibition 2025 (REAA)

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Real Estate Achievers Awards and Exhibition 2025 (REAA)

Maiden Edition

Theme: Nigeria Real Estate & Construction Industry: Bridging Nigeria’s Housing & Infrastructural Gap Amidst Rapid Population Growth & Infrastructural Decay

Celebrating and honoring 250 Real Estate & Construction Companies in Nigeria.

Celebrating those worthy of Emulation!.

The Largest Gathering of the creme de la creme of the Real Estate & Construction Industry in Nigeria

We are anticipating over 500 Real Estate and Construction practitioners in attendance

Real Estate Achievers Awards and Exhibition 2025 (REAA) would be the number one and authentic annual real estate awards and event, Celebrating Icons of Nigeria’s Real Estate and Construction Industry, those revolutionizing the Real Estate & Construction Industry in Nigeria

Be part of the Real Estate Achievers Awards and Exhibition 2025 to expand your network, engage with Industry peers from across Nigeria fostering valuable connections.

An opportunity to meet 500+ exhibitors showcasing the latest in building designs, materials, technology, machinery, lands and building sites

Connecting with top developers, suppliers, contractors, and investors, an Opportunity to exhibit latest and affordable homes designs to millions of Nigerians within and outside Nigeria under one roof!.

The Award presentation ceremony would be broadcast and televised live to the world on all our social media channels

You also have an opportunity to exhibit and showcase your latest building designs and sites to the audience on our digital screen at the award presentation ceremony.

Participants would be required to provide a HD short video, not more than one minute or HD pictures in a flash drive of projects, houses, new building designs, materials, technology, machinery, electronics, furniture, land and sites. Et ce tera to be televised to the world and audience on the award presentation day

Date: Saturday, August, 3Oth, 2025|10am.

Venue: Lagos Chambers of Commerce and Industry (LCCI)– Alausa. Ikeja.

For Enquiries – Call – 08060429096, 09121749669

Email:[email protected]

For more update – Visit: →www.realestateachievers.com

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TO APPLY FOR LAND USE CHARGE EXEMPTION AS A PENSIONER LIVING IN LAGOS STATE

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TO APPLY FOR LAND USE CHARGE EXEMPTION AS A PENSIONER LIVING IN LAGOS STATE*

As a pensioner in Lagos State, you can apply for exemption from the Land Use Charge (LUC) by following the procedure outlined below.

Under the Lagos State Land Use Charge Law, owner-occupiers who are pensioners (either under the public or private sector) are eligible for exemption.

The steps to take are below:

1. Write an application letter with the following supporting documents:

a. A letter of retirement or proof of being a pensioner

b. A valid means of identification

c. A Utility Bill (e.g., electricity or water bill) showing proof of residence.

d. A copy of the Title Document of the property (e.g., Certificate of Occupancy, Deed of Assignment, or Registered Conveyance).

e. A Sworn Affidavit confirming that the property is owner-occupied and not used for commercial purposes.

2. Submit the Application

Submit the application letter and supporting documents to the Land Use Charge Assessment Office at the Lagos State Ministry of Finance or any LUC office near you.

Ensure you collect an acknowledgment copy of the letter after submission for ease of follow-up.

3. Verification and Approval

The Lagos State Government will review and verify your application.

If successful, you will receive a response that exempts you from paying the Land Use Charge.

Please Note:
The exemption only applies to pensioners who personally reside in the property. If the property is rented out or used for commercial purposes, the exemption will not apply.

The government conducts periodic reviews to confirm continued eligibility for the exemption. If the property has changed status after the exemption has been granted, the exemption can be revoked.

*If you need further assistance, you can visit the Lagos State Land Use Charge Office* .

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