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.
Business
RMAFC Chairman, Champions New Revenue Optimization Initiative in Collaboration with NASDRA
Joel Ajayi
The Chairman, Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Dr. Muhammed Bello Shehu, OFR, has reaffirmed the Commission’s commitment to modernizing Nigeria’s revenue generation in collaboration with the National Space Research and Development Agency (NASDRA) and other key stakeholders.
The Chairman made this reaffirmation on
Thursday, at the Commission’s Headquarter in Abuja, during the launching of the implementation of the Presidential initiative on revenue optimisation and digitalisation via space technology.
The Chairman recalled that during his inaugural speech, His Excellency, President Bola Ahmed Tinubu, GCFR, emphasized the importance of economic recovery through enhanced revenue generation, which can primarily be achieved through the discovery of new revenue streams.
He emphasized that the Renewed Hope Agenda of this Administration can only be realized through the implementation of efficient revenue generation methods, with the creation of new revenue streams through the use of modern technology.
Dr. M.B. Shehu, OFR said, “We stand at the threshold of a new era, where innovation, creativity and collaboration drive economic growth and progress. It is indeed not an overstatement to say that the traditional sources and methods of revenue generation, apart from the fact that they are no more in vogue, are, most importantly, not sufficient to meet the evolving needs of our great Nation. Therefore, as key stakeholders, we must think innovatively and collaboratively to unlock new opportunities for economic growth and development in the interest of our beloved country.”
Dr. Shehu, therefore, emphasized the need for a strategic, technology-driven approach to revenue mobilization, pointing out that effective collection, accountability, and proper utilization of revenues are essential for national development. He posited that optimizing revenue sources is not just a necessity but a responsibility that must be shared by all stakeholders. “We are at the verge of writing a new chapter in Nigeria’s leadership. The collective determination of stakeholders here today is key to optimizing revenue collection and utilization. This is a task that must be achieved for our dear country.” He said.
The Director General of NASDRA, Dr. Matthew Olumide Adepoju, highlighted the potentials of space technology in revenue mobilization, noting that with AI, robotics, and space innovation, Nigeria can generate up to $50 billion annually while also strengthening national security.
Earlier in his Welcome Address, the federal commissioner representing Bauchi State in the Commission and Ag. Chairman of the Mobilization and Diversification Committee, Engr. Muhammed Sani Baba acknowledged the importance of the initiative and called for the support of all stakeholders to ensure its successful implementation.
He disclosed that the occasion was organised as a step towards the implementation of the directive of Mr President that the generation, collection and subsequent utilization of revenue should be modernized for the growth of the country and its exciting future.
A technical session featured a NASDRA-led presentation on leveraging space science and technology to block revenue leakages and create new revenue streams.
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