Nigeria’s Real Estate Sector Poised For $2.6 Trillion Boom

Lagos, Nigeria – Nigeria’s real estate sector is expected to be worth $2.6 trillion by 2025, but it will need significant investment and stronger policy support to reach its full potential, industry leaders said at the recently concluded Eklisia Realtors’ Conference 2.0.

The conference, themed “Staying in the Game,” brought together leading professionals to discuss the challenges and opportunities that the growing market presents.

Adozillion Homes and Realty organised the event, which highlighted the sector’s 6% contribution to Nigeria’s GDP and emphasised the importance of strategic planning and financial acumen in navigating the changing landscape. Dr Simon Adozi, CEO of Adozillion Homes and Realty, highlighted the sector’s potential, saying,

“In 2025, Nigeria’s real estate sector is expected to be worth $2.6 trillion alone. This industry accounts for 6% of our GDP, and such an important sector cannot be overlooked.

Adozi emphasised his company’s commitment to establishing trust and equipping realtors with the tools they need to succeed, citing the delivery of over 100 homes in less than three years and recent expansion into Ogun, Benin, and Enugu states.

The conference featured a variety of speakers with differing perspectives. Seyi Ebenezer, CEO of Payaza Africa, emphasised the importance of integrity in obtaining funding and maintaining credibility in the industry.

Other notable speakers included Lagos State Deputy Chief of Staff Sam Egube, Niyi Adesanya of Fifth Gear Consulting, Ifeoluwa Dixon of FBN Quest Asset Management, Adesola Adeyemi, and Seyi Abiodun, a Certified Financial Education instructor.

Their presentations focused on market trends, branding, financial management, and investment strategies.

The event concluded with a grand raffle draw, with winners receiving prizes such as household appliances and a 300 sqm plot of land from Adozillion Homes and Realty.

The conference was a powerful call to action, urging policymakers and investors to support the growth of this critical sector and realise its enormous economic potential for Nigeria.