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

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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.

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Over 100 ‘Students’ Rescued As Fake Badagry University Is Discovered

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The Nigeria Security and Civil Defence Corps, NSCDC, Badagry Area Command, has uncovered an alleged fake university operating from a three-bedroom apartment in Ilado, Olorunda Local Council Development Area, of Lagos State, and rescued 106 youths allegedly lured into the scheme.

 

The Corps also arrested the alleged proprietor of the institution, which reportedly recruited young people from different parts of Nigeria and neighbouring West African countries with promises of admission into a foreign university.

According to report, the operation, carried out in the early hours of Monday after days of intelligence gathering and covert surveillance, exposed what security officials described as an alleged fraudulent academic and recruitment scheme.

The youths, mostly aged between 19 and 24, were taken into protective custody by the NSCDC for profiling and further investigation.

Speaking on the development, the Badagry Area Commander of the NSCDC, Chief Superintendent Gbenga Ekunola, said the operation followed credible intelligence received by the command on activities at the apartment.

He said: “We got reliable intelligence about the activities going on there. Our officers monitored the place for days before moving in. We have arrested the proprietor, who is assisting with our investigation, while the students have been taken into our protective custody.”

Investigations, however, revealed that the alleged institution had no official name, signboard, registration or known campus. It was allegedly being operated from the rented apartment while presenting itself online as a distance learning centre affiliated with a foreign university.

The youths reportedly came from different parts of Nigeria, including Kogi, Oyo and several northern states, while others travelled from Niger, Cameroon and Togo after allegedly being recruited online.

Preliminary investigations indicated that unsuspecting young people were allegedly persuaded to pay admission and processing fees after being promised admission into a foreign tertiary institution.

The victims reportedly paid between N200,000 and N1.5 million, while some foreign nationals and other participants allegedly paid between $400 and $500.

However, the alleged admission scheme reportedly came with a recruitment condition, with participants encouraged to bring in more people in return for commissions.

The arrangement allegedly operated like a chain marketing or Ponzi scheme, with participants promised increasing financial rewards based on the number of new students they recruited.

One of the victims reportedly told investigators that after paying $400, he persuaded his brother in Kogi State to enrol and had already begun receiving commissions from referrals.

The NSCDC also uncovered another aspect of the alleged operation, with some of the youths reportedly involved in promoting unidentified products online while receiving percentages from sales and recruitment.

Ekunola expressed concern that several parents were unaware of the real purpose of their children’s presence in Badagry.

He said: “We have started contacting their families. One parent told us her child informed the family that he came to Badagry to learn a trade, not to attend a university. That shows many of these parents were completely unaware.”

According to him, the command would profile all the youths and work towards reuniting them with their parents and guardians after the necessary investigations.

He also assured that anyone found culpable in the operation of the alleged fake institution would be prosecuted in accordance with the law.

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Xenophobia:Nigeria Asks ECOWAS To Drag South Africa Before AU

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Nigeria has advocated a concerted response to xenophobia in South Africa.

It has asked the Economic Community of West African States (ECOWAS) to take the issue from the regional bloc to the continental body, the African Union (AU).

Nigeria and Ghana, two leading members of ECOWAS, are among the countries worst hit by attacks on fellow Africans by mobs in South Africa, while the Cyril Ramaphosa government looks on.

Nigeria, like other countries whose citizens living in South Africa came under attack, had citizens killed, maimed or deprived of their means of livelihood through the looting of their shops, and subsequently evacuated many of them.

Citizens of Southern African countries neighbouring South Africa – Malawi, Zimbabwe, Lesotho and Botswana, among others – were also not spared by the rampaging mobs.

Yesterday, President Bola Ahmed Tinubu told the 69th Ordinary Session of the ECOWAS Authority of Heads of State and Government in Lungi, Sierra Leone, that xenophobia stands condemned.

“Nigeria condemns in strong terms the recent Afrophobic attack on its citizens and other fellow Africans in the Republic of South Africa.

“As already mentioned by His Excellency, the President of Ghana, ECOWAS should present this matter before the next meeting of the Authority of the African Union to send a clear message that this type of behaviour is unacceptable.

“South Africa should be reminded that the freedom the country currently enjoys is due to the liberation efforts of African countries such as Nigeria.

“The Nigerian Government has evacuated one thousand, four hundred and ninety of its citizens in seven batches and is prepared to engage on this matter,” the President said in an address delivered by Vice President Kashim Shettima.

This position further expands the hint given by the Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, that Nigeria would take retaliatory measures against South Africa.

She said the National Assembly would make recommendations in this regard.

The National Assembly has condemned the attacks on Africans and is already reviewing the development to come up with its position.

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Uniport Dissolves Students’ Union, Orders Leaders To Face Probe Panel

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The management of the University of Port Harcourt (UNIPORT) has dissolved all Students’ Union (SU) activities with immediate effect, directing all elected student leaders to relinquish union property and prepare to appear before an investigative panel to account for their stewardship.

 

The directive, contained in an official memorandum issued by the Office of the Dean of Student Affairs, was signed by the Dean of Student Affairs, Prof. G. N. Woke, on the instruction of the Vice-Chancellor, Prof. Chike, Princewill R. Chike.

The memorandum, referenced UPH/SADean/26 and dated July 19, 2026, announced the immediate dissolution of the three arms of the Students’ Union, Hall Representatives, and all other Students’ Union activities until further notice.

“I am directed by the Vice Chancellor, Prof. Chike, Princewill R. Chike, to notify the Three Arms of the Students’ Union, Hall Reps. and all other Student Union activities that you have been dissolved with immediate effect until further notice,” the memorandum stated.

Following the dissolution, the university directed all executive members of the Students’ Union to immediately hand over every item belonging to the union to the Office of the Dean of Student Affairs.

According to the directive, the officials are expected to surrender all union property, official documents, financial records, keys, identification materials, and any other items in their possession.

“Consequently, all Executive members are directed to immediately hand over all Union property, official documents, financial records, keys, identification materials and any other item belonging to the Students’ Union in your possession to the Dean of Student Affairs,” the memorandum added.

The affected student leaders were also instructed to make themselves available whenever invited to appear before an investigative panel constituted by the university to provide an account of their administration.

The university warned that failure to comply with the directive would attract disciplinary sanctions.

“All affected officers are expected to comply with this directive promptly. Failure to do so will attract appropriate disciplinary action,” the memorandum stated.

The notice was copied to the Vice-Chancellor; the Deputy Vice-Chancellor (Administration and Advancement); the Deputy Vice-Chancellor (Academic); the Deputy Vice-Chancellor (Research and Development); the Registrar; the Chief Security Officer; the Bursar; all Deans of Faculties; all Heads of Departments; and the entire University Community.

The university, however, did not disclose the reasons behind the dissolution of the Students’ Union leadership or the specific issues being investigated by the panel.

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