News
Real Estate Magnate Dr. Rebecca Godwin-Isaac Advocates Land Banking as Key to Wealth Creation
Abuja, Feb 3, 2025 – Dr. Rebecca Omokamo Godwin-Isaac, the Chief Executive Officer of Homadil Realty Ltd, has urged investors—especially young entrepreneurs—to embrace land banking as a proven strategy for financial success in the real estate sector.
In an exclusive interview with journalists in Abuja on Monday, Dr. Godwin-Isaac emphasized that land banking is not just a profitable venture but the ultimate wealth-building secret in real estate.
“Many of the most successful real estate investors made their fortune through land banking. While others hesitated, we took calculated risks—buying and holding land in strategic locations that others overlooked. Now, those areas have transformed, and the value has skyrocketed,” she said.
What is Land Banking?
Land banking involves purchasing and holding land as an investment, typically in areas projected for future urban expansion, industrialization, or major infrastructure development. Investors who take advantage of this practice acquire land at lower prices and benefit from its significant appreciation over time.
Dr. Godwin-Isaac, known for her visionary approach to real estate, shared insights into how land banking shaped her success.
“I invested in areas near major transportation hubs, suburban regions, and locations that people once dismissed as undevelopable. Today, those areas are thriving, and the land has appreciated tremendously.”
She advised upcoming investors to take advantage of this strategy, highlighting that patience and foresight are crucial in the real estate business.
Overcoming Challenges in Real Estate
The Homadil Realty CEO also addressed the misconceptions and criticisms often faced by successful investors, stating that real estate success requires resilience.
“People now tell different stories about us, but where were they when we were taking the risks? Land banking requires foresight and courage. Those who hesitate miss out on generational wealth.”
Despite recent attempts to malign her reputation, Dr. Godwin-Isaac remains committed to empowering investors with the knowledge and opportunities to build wealth through real estate investment.
A Call to Action
She encouraged Nigerians, particularly young entrepreneurs, to embrace land banking and position themselves for financial security.
“Nigeria’s growing cities present enormous opportunities. If you want to build sustainable wealth, start investing in land today. It is the safest and most rewarding asset you can own.”
As a trailblazer in the real estate industry, Dr. Rebecca Omokamo Godwin-Isaac continues to inspire a new generation of investors, proving that land remains one of the greatest assets for long-term prosperity.
Politics
Wike’s Loyalists in PDP Suspend Acting Chairman Damagum, Spokesman Ologunagba, Others
Cyril Ogar
The Peoples Democratic Party has plunged deeper into crisis as fresh divisions emerged within its leadership, with a faction backed by the Minister of the Federal Capital Territory, Nyesom Wike, announcing the suspension of the Acting National Chairman, Umar Damagum, and five other members of the National Working Committee.
Briefing newsmen in Abuja on Saturday on behalf of the factional NWC, the PDP National Secretary, Senator Samuel Anyanwu, announced the party’s National Vice Chairman (North Central), Mohammed Abdulrahman, as the Acting National Chairman.
He stated, “First of all, we want to commend the judiciary over the judgment of yesterday, which is a victory for the entire PDP members all over. Nobody can claim victory over the judgment of the court. It is a judgment against impunity, against illegality. We promote unity, peace, and cohesion in the party.
“Having said that, the party did not overlook the activities of some members of the NWC who have already decided to cause disaffection in the party, which has made most of our leaders and governors leave the party in droves. I would say that this is the time to arrest such a situation and call it to order.
“On this note, after the emergency meeting, we decided, as a party, to suspend Ambassador Damagum, the National Chairman of the party, for incompetence, misappropriation of party funds, and flagrant disobedience of court judgments. We decided that we should suspend him for one month, and we will send him to the Disciplinary Committee for him to be able to answer questions.
“Secondly, we have overwhelming evidence against the National Publicity Secretary, Debo Ologunagba. We have seen the frequent press releases by the National Publicity Secretary which was confirmed that even at a point, the then National Vice Chairman suspended him for appearing or defending the party because of the unapproved frequent press releases. For us to have sanity in the party, we have suspended him.”
Anyanwu also announced the suspension of the National Deputy Chairman (South), Ambassador Taofeek Arapaja, accusing him of failing to properly advise Damagum against engaging in anti-party activities and reckless behavior.
He continued, “On that note, he is also suspended for 30 days. Now, we talk about the National Financial Secretary, Daniel Woyenguikoro. We have discovered that in the last few days and months, there have been congresses and sales of forms meant for our congresses, which were bought and paid into two different accounts controlled by the National Financial Secretary. So, on this note, he has been suspended, and we are sending him to the Disciplinary Committee. We are also going to involve the financial agencies to look into those activities.
“Again, the Youth Leader, Sulaiman Kadade, PDP Youth all over, if you watched yesterday, the youth leaders all over the country met and said that they don’t want Mohammed Kandede to be their youth leader again because he has never activated the youth wing of our party, and that wing has been abandoned. For that reason, he has also been suspended for one month.
“Finally, the Deputy National Secretary, Setonji Koshoedo who is supposed to be my deputy, is also suspended for one month. He resumed the office of the National Secretary illegally, signed all kinds of letters, especially to some states, where he has caused disaffection among our party members in those states. For that reason, he has also been suspended for 30 days.
“All of them are sent to the Disciplinary Committee to show cause why they should not be expelled from the party. The judgment of yesterday confirmed the reason why this suspension should be effective. In their place, especially the National Chairman, we are asking the National Vice Chairman (North-Central), Mohammed Abdulrahman to act as National Chairman. In the place of the National Publicity Secretary, we are going to ask the Director of Publicity of our party, Chinwen Nnorom, to take over all the activities of the party in terms of information.”
According to Anyanwu, ten members of the NWC were in attendance.
Earlier, the NWC under Damagum’s leadership announced the suspension of Senator Anyanwu, National Legal Adviser Kamaldeen Ajibade (SAN), and two other members.
Despite the scheduled National Elective Convention of the Peoples Democratic Party (PDP) in Ibadan, Oyo State, on November 15 and 16, internal strife continues to grip the party.
Supporters of the Minister of the Federal Capital Territory, Nyesom Wike, remain dissatisfied with the leadership of the Acting National Chairman, Ambassador Umar Iliya Damagum.
Their grievances revolve around unresolved disputes concerning the South-South zonal leadership and control of party structures in Cross River, Akwa Ibom, and Plateau States. In addition, disagreements over the micro-zoning arrangement ahead of the convention have further deepened divisions within the PDP.
These ongoing conflicts eventually escalated into a legal confrontation aimed at halting the planned convention. On Friday, the Federal High Court in Abuja granted an interim injunction restraining the PDP from proceeding with the convention until further notice.
In case number FHC/ABJ/CS/2120/2025, presided over by Justice James Omotosho, the court ruled that the PDP must suspend its convention pending full compliance with its own constitution, the 1999 Constitution, and the Electoral Act of 2022.
The case was filed by three aggrieved PDP members Austin Nwachukwu, the Imo State PDP Chairman; Amah Abraham Nnanna, the Abia State PDP Chairman; and Turnah Alabh George, the PDP Secretary for the South-South zone.
They argued that the planned convention violated both the Electoral Act and the party’s internal regulations, citing the PDP’s failure to conduct valid congresses in 14 states before issuing the convention notice.
Justice Omotosho upheld their arguments, ruling that the PDP had indeed breached its constitution, the 1999 Constitution, and INEC’s guidelines by neglecting to conduct proper state congresses and failing to provide the mandatory 21-day notice to INEC.
Consequently, the court ordered the suspension of the planned convention until all internal irregularities are corrected in accordance with the law.
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