A Nigerian real estate developer is urging citizens to consider land and property investment as a hedge against the current economic hardship. Oba Ayobami Adelani, Chairman of IAS Unique Homes and Properties, believes that real estate offers a unique opportunity to protect savings from depreciation during challenging economic times.
“Land and property are some of the few assets that tend to increase in value even as the economy shrinks,” Adelani said. “By investing in real estate, Nigerians can safeguard their financial future and tap into the potential for significant returns.”
Adelani emphasizes that land ownership, in particular, offers a wise long-term investment. He highlights the historical trend of land appreciating in value over time, potentially providing a strong return on investment.
This advice comes amidst concerns about Nigeria’s economic climate. Inflation and a shrinking currency can erode the value of saved funds. Adelani suggests that real estate offers a hedge against such erosion, potentially allowing Nigerians to preserve and grow their wealth.
It’s important to note that investing in real estate, like any investment, carries its own set of risks. Potential investors should carefully research the market, consider factors like location and property type, and consult with financial professionals before making any decisions.
