Property valuation professionals have warned that persistent insecurity, inflation, exchange rate volatility, and other economic shocks are making it increasingly difficult to determine accurate property values across Nigeria. They say the growing uncertainty is affecting investment decisions, mortgage financing, insurance assessments, and overall confidence in the real estate market.

According to experts, property valuation depends heavily on stable market conditions and reliable transaction data. However, security challenges in several parts of the country, coupled with rising construction costs and fluctuating economic indicators, have significantly altered market behaviour, making traditional valuation methods more difficult to apply.

Estate surveyors and valuers explained that insecurity has forced many investors and residents to relocate from affected communities, reducing demand in some areas while increasing pressure on safer urban centres. These migration patterns have created uneven property price movements, making it harder to establish fair market values for residential, commercial, and industrial properties.

The professionals also pointed to inflation and the depreciation of the naira as major factors driving up the cost of land acquisition, building materials, labour, and infrastructure development. As construction costs continue to rise, replacement values for existing buildings have increased, requiring valuers to regularly adjust their assessments to reflect prevailing market realities.

Industry stakeholders noted that banks, insurance companies, developers, and investors rely on accurate property valuations when making lending, investment, taxation, and compensation decisions. They warned that inaccurate valuations could expose financial institutions and investors to unnecessary risks while affecting the credibility of Nigeria’s real estate market.

To address these challenges, valuation experts called for improved access to reliable market data, stronger collaboration among industry professionals, and wider adoption of technology-driven valuation systems. They argued that better data collection and standardised valuation practices would improve transparency and help the industry respond more effectively to changing economic conditions.

The stakeholders further urged government authorities to strengthen security, stabilise the macroeconomic environment, and support policies that encourage investment in the housing and real estate sectors. They maintained that restoring investor confidence is essential to improving market stability and ensuring more accurate property valuations.

Experts believe that while economic uncertainty may continue to influence the property market in the short term, stronger institutions, better market information, and sustained economic reforms will enhance valuation accuracy and support long-term growth in Nigeria’s housing and real estate sector.

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The demolition of buildings allegedly linked to kidnapping activities in Oyo State has sparked widespread legal and economic debate, with stakeholders questioning whether such actions strike the right balance between public security and constitutional rights. The discussion follows the government’s decision to demolish properties reportedly used for criminal activities amid rising insecurity and public demands for stronger action against kidnappers.

Supporters of the demolitions argue that buildings used as hideouts for kidnappers or for storing illegal weapons become part of criminal enterprises and therefore pose a threat to public safety. They maintain that decisive actions against such properties could serve as a deterrent and demonstrate the government’s commitment to combating violent crimes.

However, legal experts and rights advocates have raised concerns about due process, property rights, and the implications of executive actions that result in the destruction of private assets. Some stakeholders contend that confiscation or forfeiture of such properties may achieve security objectives while preserving economic value and protecting constitutional safeguards.

Critics have also questioned whether innocent property owners should bear the consequences of crimes committed by tenants or occupants without adequate judicial processes. They warn that actions perceived as arbitrary could weaken public confidence in governance and create concerns about the protection of individual rights.

The debate reflects broader national concerns over how governments should respond to worsening insecurity while maintaining respect for constitutional principles. Across several states, authorities have increasingly adopted aggressive measures targeting properties associated with criminal activities, highlighting the growing tension between public safety and private rights.

Stakeholders insist that while Nigerians want stronger action against kidnappers, there is also a need to ensure that anti-crime measures remain lawful, proportionate, and consistent with democratic principles and the rule of law.

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Residents across the Federal Capital Territory (FCT) are increasingly paying out of pocket for security as gaps in formal policing continue to widen.

In many satellite towns and fast-growing suburbs, households now contribute monthly fees to sustain vigilante groups and private guards. What started as a temporary fix has evolved into a survival strategy.

Despite the constitutional responsibility of the Nigeria Police Force to protect lives and property, many residents say local arrangements now offer more reliable protection.

Rising Insecurity Forces Community Action

Communities such as Tungan-Maje, Pegi, and parts of Gwagwalada have experienced repeated security threats, including burglary and kidnapping.

Residents say these incidents pushed them to organise and fund local security systems.

In some areas, tenants contribute between ₦1,000 and ₦2,000 monthly, while landlords pay even higher fees. These funds are used to hire vigilantes, install gates, and maintain patrol operations.

A resident in Tungan-Maje said the initiative has reduced crime significantly, with no reported kidnapping cases in over two years.

Cost of Security Adds to Economic Pressure

While the system has improved safety in some areas, it has also increased the cost of living.

In Kubwa and Bwari, residents contribute between ₦500 and ₦3,000 monthly, depending on the arrangement. In gated communities like Gwarinpa, security fees are sometimes added to annual rent, reaching up to ₦12,000 yearly.

For business owners, the cost is even higher. Some spend up to ₦100,000 monthly on private guards, in addition to community levies.

For low-income earners, these payments come with difficult trade-offs. One resident noted that even ₦1,000 could mean sacrificing basic needs like food.

Vigilante Groups Fill Security Vacuum

Vigilante groups say their operations rely heavily on community funding.

They maintain that their role is to support, not replace, formal security agencies. However, limited funding and poor equipment continue to affect their effectiveness.

Security analysts link the growing reliance on vigilantes to manpower shortages and rapid urban expansion in Abuja.

Concerns Over Accountability

Despite their role, concerns remain about accountability.

Some security officials warn that suspects are not always handed over to the police, with cases of extrajudicial actions raising concerns.

Experts recommend stronger collaboration between communities, vigilantes, and security agencies.

Police Promise Improved Response

The FCT Police Command has acknowledged the concerns and promised better response times.

Officials say emergency calls will be addressed within five minutes, with improved coordination between control centres and field officers.

Authorities also revealed plans to recruit more personnel to improve coverage across communities.

The Bigger Picture

As Abuja continues to expand, security infrastructure has struggled to keep pace.

This has left residents funding their own protection, turning security into a shared community responsibility rather than a government service.

While some residents see the system as effective, others believe it reflects a failure in public security.

Story credit: Dailytrust

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President Bola Ahmed Tinubu has declared insecurity and poverty as national emergencies, warning that both crises threaten Nigeria’s economic stability and workforce productivity.

The declaration was made during the 2026 International Workers’ Day celebration held at Eagle Square, where thousands of workers and labour leaders gathered.

Represented by the Secretary to the Government of the Federation, George Akume, the President emphasised that meaningful economic growth cannot exist in an environment defined by fear and hardship.

According to a statement issued by presidential aide Yomi Odunuga, Tinubu stressed that insecurity and poverty directly undermine job creation and national development.

Insecurity, Poverty Threaten Economic Growth

Tinubu acknowledged that both challenges remain major barriers to Nigeria’s progress, noting that workers cannot thrive where safety and financial stability are uncertain.

He stated that insecurity disrupts key sectors including agriculture, manufacturing, and trade, while poverty weakens purchasing power and productivity.

The President described the situation as “hydra-headed,” explaining that its impact extends beyond individuals to businesses and investor confidence.

Government Response and Job Creation Efforts

To address the crisis, Tinubu highlighted several ongoing interventions under his administration’s economic agenda.

He revealed that the Community Protection Guards Initiative has recruited over 45,000 young Nigerians to strengthen grassroots security while creating employment opportunities.

In addition, the government has expanded social intervention programmes, including cash transfers reaching approximately 15 million vulnerable households.

Tinubu said these initiatives have already lifted an estimated 7.5 million Nigerians out of poverty.

Infrastructure Projects Driving Employment

The President also pointed to major infrastructure developments as a key strategy for job creation.

Projects such as the Lagos-Calabar Coastal Highway and the Ajaokuta-Kaduna-Kano Gas Pipeline have reportedly generated more than 600,000 jobs nationwide.

These projects, he explained, are part of a broader plan to stimulate economic activity and improve livelihoods.

Workers’ Welfare and Economic Support

On labour welfare, Tinubu noted that his administration has implemented a new national minimum wage and cleared outstanding pension arrears.

He added that gratuity payments resumed in January 2026, while over 800,000 informal workers have been enrolled in the micro-pension scheme.

Small businesses have also benefited from a N200 billion support fund aimed at boosting Micro, Small, and Medium Enterprises (MSMEs).

Agriculture and Security Interventions

Tinubu further outlined agricultural reforms, including mechanisation programmes and dry-season farming initiatives designed to improve food production.

He disclosed that the Nigeria Security and Civil Defence Corps has deployed 10,000 Agro-Rangers across 19 states to protect farmers and agricultural investments.

Call for Labour Cooperation

Addressing organised labour groups such as the Nigeria Labour Congress and the Trade Union Congress of Nigeria, the President urged dialogue over industrial action.

He warned that strikes should remain a last resort, emphasising the importance of collaboration in stabilising the economy.

Outlook: Path to Stability

Tinubu expressed confidence that Nigeria can overcome its current challenges through coordinated reforms and sustained policy implementation.

He reaffirmed his administration’s commitment to improving working conditions, promoting fair wages, and ensuring equal opportunities for all Nigerians.

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A fresh wave of violence has rocked communities in Adamawa State, leaving more than 20 people feared dead and over 400 homes destroyed in a brutal communal clash linked to long-standing land disputes.

The attack, which targeted Kwah and Gyakan communities in Lamurde Local Government Area, unfolded in the early hours of Saturday, catching residents off guard and triggering mass displacement.

Eyewitness accounts suggest that heavily armed assailants stormed Gyakan at dawn before advancing to nearby Kwah, unleashing widespread destruction and setting homes ablaze.

Coordinated Assault Leaves Trail of Destruction

Residents described the attack as highly coordinated and devastating. According to local sources, the attackers arrived in large numbers on motorcycles, armed with sophisticated weapons.

A former local official, Carlos Nicodemus, confirmed the scale of destruction, noting that entire neighbourhoods were reduced to ashes.

“The attackers came in large numbers, shooting and burning houses. In Gyakan alone, we recovered 10 bodies,” he said.

He added that additional bodies were discovered hours later, pushing the death toll to at least 20, with fears that the figure could rise further.

Delayed Security Response Raises Concerns

One of the most troubling aspects of the incident was the delayed arrival of security personnel. Residents reported that it took more than 30 hours before authorities gained control of the affected areas.

This delay reportedly hampered rescue efforts and prevented families from immediately recovering victims or securing their communities.

A resident, Onisimus Onisimond, said recovery efforts were still ongoing as of Sunday afternoon, with more casualties expected to be uncovered.

Long-Standing Land Dispute Behind Violence

The crisis is believed to be rooted in decades-long land disputes between rival communities, a recurring issue that has plagued the region for nearly 30 years.

Local leaders say the conflict has already claimed thousands of lives over time, making Lamurde one of the most volatile areas in Adamawa State.

The former village head of Gyakan, Wali Batakuma, described the latest attack as unusually brutal and unexpected.

“We were taken completely by surprise. Armed men attacked in a coordinated manner—shooting, burning houses, and attacking fleeing residents,” he said.

Humanitarian Crisis Deepens

Beyond the death toll, the destruction of over 400 homes has triggered a growing humanitarian crisis. Many residents have been displaced, with families forced to flee without shelter or essential belongings.

The scale of destruction is expected to place additional pressure on local authorities and humanitarian agencies already grappling with insecurity in the region.

Government Yet to Fully Contain Crisis

Although a curfew remains in place in Lamurde LGA due to previous attacks, the persistence of violence highlights the limitations of current security measures.

The Adamawa State Government had earlier set up a commission of inquiry to investigate the crisis, but recurring attacks suggest that long-term solutions are yet to take effect.

What This Means Going Forward

This latest outbreak of violence reinforces a broader national concern: unresolved land use conflicts continue to fuel insecurity across parts of Nigeria.

Without sustainable conflict resolution mechanisms, improved security response, and equitable land policies, such clashes may persist—threatening lives, livelihoods, and regional stability.

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The terrorist group Boko Haram has issued a 72-hour ultimatum to the Federal Government over hundreds of abducted persons in Borno State.

In a video released on Monday, the group warned against any attempt to rescue the victims through military action, stating that such a move could complicate efforts to secure their release.

The insurgents claimed responsibility for the abduction of over 400 individuals, including women and children, and indicated that the victims could be relocated if their demands are not met within the stipulated timeframe.

Although the full details of their demands were not disclosed in the video, local sources involved in mediation efforts said the group had earlier requested a ransom running into billions of naira.

The message, delivered in Hausa and translated into English, also suggested the group is prepared for confrontation if authorities pursue a forceful rescue operation.

President of the Borno South Youths Alliance, Samaila Kaigama, confirmed that communication had been established with the insurgents during ongoing mediation efforts.

He called for urgent intervention from the Federal Government and other stakeholders to ensure the safe return of the victims.

Kaigama appealed to President Bola Ahmed Tinubu, Vice President Kashim Shettima, and Borno State Governor Babagana Zulum to prioritise efforts aimed at resolving the situation.

Security analysts say the development highlights the persistent security challenges in the North-East region and underscores the need for coordinated intelligence and rescue strategies.

The Federal Government has yet to issue an official response as of the time of filing this report.

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No fewer than 27 persons have been killed in coordinated attacks across Kaduna State, Benue State, and Katsina State during Easter celebrations, with several others abducted and properties destroyed.

The attacks, which occurred between Saturday night and Sunday morning, have heightened security concerns in affected communities, even as troops of the Nigerian Army rescued 31 abducted church worshippers in Kaduna.

Benue Records Highest Casualties

In Benue State, at least 17 persons were reportedly killed when suspected armed herdsmen attacked Mbalom community in Gwer East Local Government Area.

Eyewitnesses said the attackers stormed the community late Saturday night, shooting indiscriminately and setting houses ablaze, forcing residents to flee.

A resident, Terseer Akaaver, said many victims were still unaccounted for as locals continued search efforts.

Governor Hyacinth Alia condemned the attack, describing it as a threat to peace and security, and directed security agencies to track down the perpetrators.

Worshippers Killed, Abducted in Kaduna

In Kaduna State, terrorists attacked two churches in Ariko community, Kachia Local Government Area, during Easter service.

The affected churches—First ECWA Church and St. Augustine Catholic Church—came under heavy gunfire as worshippers gathered for prayers.

Local authorities confirmed that at least eight people were killed, while several others were abducted by the attackers.

A councillor representing Awon Ward, Mark Bawa, said the assailants operated for an extended period, noting that poor telecommunications network delayed emergency response.

Kaduna State Commissioner for Internal Security and Home Affairs, Sule Shu’aibu, confirmed the incident, stating that security agencies had launched investigations.

Katsina Communities Also Hit

In a separate incident, bandits launched attacks on communities in Matazu Local Government Area of Katsina State, killing two persons, including a police officer.

Residents said the attackers burned a hospital, shops, and vehicles in Sayaya and Dankawari communities before advancing to Matazu town.

The attacks triggered panic among residents, who have called for urgent intervention by security agencies.

Troops Rescue 31 Abducted Worshippers

Meanwhile, troops of the Nigerian Army successfully rescued 31 worshippers abducted during the Kaduna church attack.

According to a military statement, troops responded swiftly to a distress call and engaged the attackers in a firefight, forcing them to abandon the victims.

The operation, supported by local community members, also led to the recovery of five bodies, while one rescued victim is receiving medical treatment.

The Army said additional troops have been deployed to the area to prevent further attacks and track fleeing terrorists.

Renewed Calls for Security Action

The coordinated attacks have intensified calls for stronger security measures across affected states.

Authorities have urged residents to remain vigilant and support security agencies with credible information to curb further violence.

The Nigerian Army reaffirmed its commitment to protecting lives and property, stating that operations are ongoing to neutralise threats and restore stability in affected communities.

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Human rights lawyer, Femi Falana, has called for the immediate suspension of ongoing political campaigns in Nigeria, warning that premature politicking is weakening governance and worsening insecurity across the country.

Falana’s position follows the announcement by the Independent National Electoral Commission (INEC), which fixed January 16, 2027, for presidential and National Assembly elections, and February 6, 2027, for governorship and state assembly polls.

Concern Over Governance Neglect

Despite the elections being about 10 months away, Falana expressed concern that political parties and elected officials have already intensified campaigns, sidelining governance and public service delivery.

In a statement, he noted that governance has been overshadowed by political activities, including defections and early campaign mobilisation.

According to him, the focus on politics rather than governance is contributing to worsening insecurity across Nigeria.

Links Early Campaigning to Rising Insecurity

Falana highlighted the growing cases of kidnapping, killings, and other security challenges across the country.

Nigeria continues to grapple with multiple security threats, including banditry in the North-West, insurgency in the North-East, and rising urban crime, all of which have stretched government capacity and public trust.

Criticism of Misuse of Public Funds

The senior advocate also criticised what he described as the misplacement of priorities by political actors.

He alleged that public funds are being diverted into what he termed “illegal campaigns” instead of being used to address critical sectors such as education.

Falana specifically referenced the N98bn matching grant of the Universal Basic Education Commission (UBEC), noting that many states have failed to access the funds due to their inability to provide counterpart financing.

Cites Electoral Act, Urges Enforcement

Citing Section 98(1) of the Electoral Act, 2026, Falana emphasised that political campaigns are legally expected to begin 150 days before polling and end 24 hours prior to election day.

He, therefore, called on relevant authorities, including the Nigeria Police Force and security agencies, to enforce compliance with the law.

Experts Warn of Long-Term Impact

Political analysts have also raised concerns that early campaigning could delay critical reforms and governance efforts.

With Nigeria facing significant socio-economic and security challenges, prolonged political distractions may further impact development outcomes ahead of the 2027 general elections.

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Terrorists suspected to be armed bandits have launched coordinated attacks on communities in Kabba/Bunu and Mopamuro Local Government Areas of Kogi State, killing several residents and abducting dozens, including church worshippers, women, and children.

The most disturbing incident occurred on Sunday morning at an Evangelical Church Winning All (ECWA) in Aiyetoro Kiri, where over 50 armed men reportedly stormed the church during a worship service, firing gunshots indiscriminately. One worshipper was killed, while about 30 people, including pregnant women and children, were abducted.

Residents said the attack has thrown the community into panic, with many families fleeing their homes. This is the second major attack on Aiyetoro Kiri in recent weeks, following an earlier raid in which 50 residents were abducted and several mobile phones stolen from a charging centre.

Simultaneous Attacks in Mopamuro

In a related development, terrorists also attacked Oke-Agi, Jamroro settlement, and Ilai communities in Mopamuro Local Government Area, operating for more than one hour before any distress response was made.

At Jamroro settlement, located between Oke-Agi and Takete Isao and largely populated by Tiv residents, two people were killed, while three others sustained serious injuries and are receiving treatment at a hospital.

Another attack occurred near Ilai Grammar School, less than one kilometre from Ilai town, where one person was killed and three residents abducted.

Local sources disclosed that the attackers struck the locations almost simultaneously, suggesting a well-coordinated operation.

Officials Confirm Attacks, Residents Decry Delayed Response

The attacks were confirmed by the Chairman of Mopamuro Local Government Area, Hon. Ademola Bello, alongside traditional rulers and community leaders from the affected areas.

Residents expressed outrage over what they described as a delayed security response, noting that the attackers operated freely for over an hour before alerts were successfully raised.

The renewed violence has intensified fear across the Okun axis of Kogi State, with residents calling on the Federal and State Governments, as well as security agencies, to urgently deploy reinforced security measures to prevent further bloodshed.

As of the time of filing this report, local officials were said to be with injured victims at the hospital.

Efforts to reach the Kogi State Police Command spokesperson, SP William Aya, were unsuccessful, as his phone lines were unreachable.

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Schools across Kaduna State were thrown into confusion on Thursday as many institutions abruptly shut down following alleged threat letters said to have been issued by armed bandits.

Although the Kaduna State Government had not released an official statement as of Thursday night, teachers and school administrators confirmed receiving warning notes suspected to be from criminal groups.

The sudden development forced several schools to end the first academic term earlier than planned.

The emergency closure triggered anxiety among parents, pupils, and teachers as school authorities rushed to conclude examinations and asked students to vacate immediately.

At the Federal Government College (FGC) Kaduna, parents received an urgent alert through the PTA WhatsApp platform. The notice, signed by the PTA Secretary and circulated by Chairman Abdul Audu, claimed the directive applied to all boarding schools in the state.

Part of the message read:
“The school has been directed to close… Parents who can should come and pick up their wards today.”

The notice caused panic. Many parents abandoned work and headed to the school without hesitation.

A mother who asked not to be named said the message brought back traumatic memories of past student abductions.
“Once I saw it, I rushed down. With everything that has happened before, nobody wants to take chances,” she said.

Teachers told Vanguard that the exam timetable was drastically compressed.

“We were supposed to start exams on November 26 and end next week,” a senior teacher said.
“Now everything is squeezed into four days. The term was to end December 11.”

Another teacher described the atmosphere as tense and unsettling.
“Everyone is scared — even the children. No one knows what is happening.”

The lack of an official statement from the Ministry of Education or security agencies has heightened public tension.

A teacher in Kaduna North said the silence was fuelling the panic.
“If the threat is real, say it. If not, also say so. The silence is the problem,” he said.

Parents also criticised the communication gap.
“You don’t close schools without explanation,” a father in Barnawa said.

The situation unfolds amid renewed concerns over school safety in Northern Nigeria. Kaduna, Zamfara, and Niger states have witnessed multiple mass abductions of students over the years.

Security experts say threat letters, whether genuine or fabricated, must be taken seriously.
A retired security officer noted:
“When bandits issue threats, the safest response is temporary closure. You don’t gamble with children’s lives.”

With schools now shut indefinitely, parents, teachers, and students anxiously await clear communication from the state government.

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