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How Way and Life Concepts Limited is Setting the Standard in the Real Estate Industry

Way and Life Concepts Limited is one of the real estate company that has been leaving indelible mark in the industry for its more than one decade of existence. Founded by Abraham Adebayo Shodiya an indigene of Ogun State, Abeokuta to be precise, though he was born and grew up in Agege, Lagos where he had his primary school at Bishop Oluwolel Memorial Primary School, after which he proceeded to Keke High School Ifako Ijaiye housing Estate and later Fstc Yaba where graduated studying Building Technology Programs.
He thereafter, ventured into Real Estate business with training from Realty Point Limited school of estate in 2008 from where he established his own real estate company, Way and Life Concepts Limited popularity known as “Money in Bush”.
Adebayo, registered the company as a business name “Way and Life Properties Concepts” in 2007 and it was later changed to Way And Life Concepts Limited when he upgraded it to a limited liability company.
The success of the company is attributed to their philosophy which set them apart from their competitors, according to the CEO, the philosophy of the Way and Life Concepts Limited is “the best way to live a real life is for us to pave way for investors to partner with us while we take care of their portfolio as a real estate manager, we also need to be open to customers and to tell them the nitty grity of the venture and how we are going to go about making their dream come through” he explained.
Reacting to stories making the rounds that many real estates Companies collect money but do not allocate land to their subscribers, Adebayo said it is quite unfortunate that business owners are not transparent. In his words “There is the need to be open in every business. There are challenges and if they have challenges allocating to subscribers they should call for a gathering to address them on what has transpired and the solution and plan to make sure the mess is taken care of, but their not allocating lands to the people and becoming silent or run away is not the solution. Doing that is bringing setbacks to the real estate business.
“Before parting with your money with any real estate agent or developer make sure you do your search to know if the company is registered and is a member of a government registered association. Verifications need to be done when it comes to real estate investment.”He stated.
Talking about the Omo Onile syndrome, Adebayo spoke about the solution to the albatross to the job of real estate. He explained that with his more than a decade experience in the real estate industry, he has been able to not only mastered how to manage the Omo Onile wahala but has also learnt how to relate with Governments simply by recognizing them as a player in the industry.
In his words, “In Nigeria real estate, Omo Oniles are also players in the industry but we have to come into understanding with them and so far this has been helping as they don’t come to disturb our customers”.
Adebayo also explained that they have been able to attract new customers and maintain old ones giving people the opportunity to live the real life and being transparent with their customers and their prospective buyers by exposing the nitty-gritty of the business to them to gain their confidence and thereby improving the real estate portfolio of the investors.
On how they handle issues with governments, he expressed his appreciation to the governments of Lagos, Ogun, Osun and Oyo State for their cooperation and the wonderful relationship they’ve been able to establish, he said their is synergy with these governments as they have good relationship with the Way and Life Concepts Limited from their ministry of Lands to the house committee that oversees land issue in the States.
Way and Life Concepts Limited is currently having housing estate projects available for subscriptions in Shimawa Ogun State, Imota-Ikorodu, Atan-Ota, Ifo and Ibeju Lekki, with a plan to spread the company tentacles to Oyo and Osun State, Adebayo Shodiya explained.
He explained further that one of the easiest ways to acquire land and houses in pocket friendly style is how the company fashioned its installment payment system while giving out heavy discounts to outright payers, he exposed that the company works closely with the clients to come up with a financial plan that will be suitable to both parties.
“We sit down with our customers and make payment plans that will not be difficult for them and us, we also help them build at affordable prices from the foundation level to D.P.C, from D.P.C level to roofing level, from roofing level to external finishings, internal finishings e.t.c. We do this to help our customers in becoming homeowners in the alternative to the cumbersome process of bank loans.
He also said in the case of any investor who dies in course of investment, before the proper handing over of the property to the family who is the next of kin, in his words
“All of our investors have a filled form with us. In the form there is a column for next of kin, this does not mean the property (s)/investment (s) will automatically be transferred to the next of kin but we will get some other details of the investor through the next of kin after which we shall request for an administrative letter from the concern people of the investor. This letter is supposed to be processed from the court of investment/investor’s jurisdiction. This will help us to do a proper investment handover.” He explained.
In dealing with fraudulent people parading themselves as realtors, Adebayo Shodiya calls for due diligence, according to him “You cannot loose totally in real estate investment especially if you have visited the said property site before or during the period of investment.
We presently have private regulatory body and Association who will not cover any fraudulent Estate Company. To avoid the repeat of such, investors need to do their due diligence before parting with their money.”
Responding to issues with allocation, he explained that the company allocates in batches, he stated that “For any of our new projects, we allocate in batches of minimum of 50 to 100 allottees while any of our developing projects produces immediate allocation to individual buyers.
“We have had some cases where we had allocated to so many subscribers while they were still paying in installment, some paid half of the property price, some paid 80% and were allocated. We still plan to repeat such as we kick off our new projects in Simawa, Mowe, Atan-Ota and Ifo areas.” Adebayo revealed.
Our role is to set up every possible mean that will make real estate investment convenient for our prospective customers while the role of our customers and prospects is to be up to date in their payment structure as no business will thrive without exchange of money and consistent activities, Shodiya concluded.
News
Borno Commissioner Withdraws ‘Finger-Breaking’ Threat As Police Swing Into Action
Borno State Commissioner of Youths, Sports and Poverty Alleviation, Hon. Saina Buba, has retracted his controversial remark threatening to cut off the finger of anyone who pointed at government officials.
While speaking at the City Boy Movement Empowerment Programme in Maiduguri, earlier in the week, Buba had threatened opponents of the All Progressives Congress (APC).
Buba had reportedly declared that citizens who voted for the ruling party would be fed with honey, while those who refused to support them would face physical punishment by caning.
The aggressive rhetoric sparked sharp criticism from various quarters, with civil society groups and political observers warning that the comments threatened public safety, violated democratic norms, and endangered dissenting voices in the state.
Critics argued that such language from a serving public official was unbecoming and posed a direct threat to multi-party democracy.
But Buba held a press briefing where he said he had no apology for his comment on the ground that there was no opposition in Borno and no one could fairly accuse him of threatening opponets.
After the briefing, the widespread anger continued, with critics blaming authorities and saying the man showed no remorse.
On Tuesday, the police high command said it had launched a critical probe into the inciting comments made by Buba and two other APC chieftains.
Fielding questions from Defence Correspondents at a joint security briefing in Abuja, on Tuesday, the force spokesman, Anietie Iniedu, described the inciting comments particularly in relation to the electoral process, as “a criminal offence”.
He said, “On the issue of the Senator in Osun State, the Council Chairman in FCT and the Borno Commissioner’s inciting comments, I was part of the team that questioned the distinguished Senator in Osun State.
“The law is very clear when it comes to inciting. It is criminal to incite members of the public, especially as you comment on the electoral process,” he had said.
Hours after the comment of the police spokesman, Buba issued a statement to address the controversy.
He expressed regret over the uproar his comments caused and offered an unreserved apology to the people of Borno State.
“In recent days, a comment I made during the empowerment programme organised by the City Boy Movement in Maiduguri has generated considerable concern within the public space.”
“I wish to state, unequivocally, that my remark was never intended to harm or violate the fundamental rights of the people of our dear state to freedom of choice and association, as enshrined in the Constitution of the Federal Republic of Nigeria (as amended)” he said
While noting that he had previously attempted to clarify that the remark was not meant to be taken literally, the commissioner acknowledged the gravity of ongoing public concern, prompting him to issue a formal retraction
“I had earlier provided clarification that the comment was not intended to be taken in its literal sense.
“However, in view of the concern it has continued to generate, I am using this medium to retract my earlier statement formally and to apologise to the entire people of Borno State and beyond for any offence it may have caused.
“Let me state in categorical terms that my comment does not in any way represent the ideals of the All Progressives Congress (APC) and the administration of His Excellency, Governor Professor Babagana Umara Zulum.
“This administration does not in any way undermine the rights of our citizenry. Rather, the party and the administration continue to uphold and respect every segment of our society, particularly our youth, who have remained steadfast supporters of both the party and the Zulum administration.
“Governor Zulum and the APC have consistently demonstrated a true democratic spirit over the past seven years, and this commitment will remain unwavering to the very end of his tenure.”
News
Wike Accuses Imo, Kwara Govs Of Waging War Against Him
Federal Capital Territory FCT minister, Nyesom Wike, has accused the governors of Imo and Kwara states – Senator Hope Uzodinma and Alhaji Abdulrahman Abdulrazaq – of working against him, alleging that both men have failed to reciprocate the political support he claims to have extended to them in the past.
Speaking during a media chat in Port Harcourt, Rivers State capital, on Wednesday, Wike said the Kwara State Governor has been at the forefront of a campaign against him, adding that he has personally confronted the governor over the matter. “Take for example, Kwara, he has been the one championing this campaign against me everywhere. Yes, I have confronted him too. I don’t talk about what I cannot defend”, he said.
According to him, the Kwara governor had accused him of sponsoring candidates against his own preferred choices in the state, adding that the governor ought to be grateful to him for offering a platform to aggrieved APC bigwigs who ditched the party for his own Peoples Democratic Party PDP rather than going to pitch a tent with the anti-Bola Tinubu coalition.
The minister also referenced a strained relationship with the Imo State Governor, recalling that the governor once declined to support him. “Governor Hope, he knows the support I give to him,” he said.
Wike insisted that despite these grievances, his focus remains on delivering President Bola Tinubu’s re-election, and that he would not allow personal disputes with the governors to distract from that goal.
The minister maintained that he has never concealed his political intentions and challenged those alleging he was working against the interests of All Progressives Congress APC governors to state clearly what support they had extended to him in his own political battles.
“Any Nigerian who knows me know that I have never hidden my intention,” he said.
News
APC Chairman Allegedly Abducted As Bandits Wreak Havoc In Kano
Bandits have allegedly attacked communities in Kano State for the third consecutive day, killing at least one person and abducting the Chairman of the All Progressives Congress, APC, in Rogo Local Government Area.
Report quoted an anonymous source as saying that the latest attack occurred in Beli village, Rogo LGA, where gunmen reportedly invaded the community at about 1 a.m. on Tuesday, fired sporadically, shot a resident and abducted the local APC chairman, Alhaji Audu Fanka Salisu Yahaya.
Yahaya was said to be a close associate of the Speaker of the Kano State House of Assembly, Jibril Ismail Falgore, who is a native of the local government area.
A young man was also reportedly killed during the attack, while some residents were said to have sustained gunshot injuries.
“They came in, firing sporadically, and went straight to the chairman’s house. They broke down the door, brought him out and took him away. On their way, they shot a young man, who was not more than 25 years old, and he died instantly,” the source said.
Several Facebook posts by residents of the area further corroborated the report, with calls for security agencies and other relevant authorities to come to their aid.
The incident is the latest in a series of attacks reported across communities in the area since Sunday.
On Sunday, suspected bandits reportedly invaded Chiromawa in Garin Malam Local Government Area, where they allegedly killed three people and abducted an elderly man.
The abducted man was later said to have escaped from his captors.
A day later, on Monday night, the attackers reportedly struck neighbouring Rantan community in Bebeji Local Government Area, killing two people.
The latest incident in Beli brings the reported attacks to three consecutive days, raising fresh concerns over the security situation in parts of Kano State.
Security agencies have yet to issue an official statement on the alleged attack.
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