Nigeria is set to welcome over 200 foreign delegates, including African presidents, as it prepares to host the 75th International Real Estate Federation (FIABCI) World Real Estate Congress in Lagos this June. Themed “Global Real Estate Renaissance,” the event aims to attract investment in the nation’s real estate and tourism sectors.
Its Vice President (Africa), Adeniji Adele, revealed that exclusive study tours and educational visits have been carefully planned to give delegates a firsthand view of Nigeria’s evolving real estate landscape.
These tours will highlight Lagos’ most transformative urban projects, innovative housing developments, and infrastructure advancements, providing valuable insights for global investors and developers.
Adele emphasised FIABCI’s history dates back to post-World War II with presence in over 72 countries. He noted that networking, knowledge sharing, and collaboration have been key to economic recovery in many European nations.
He said delegates would gain new business strategies, forge valuable connections, and explore investment opportunities across member countries.
“We believe attendees will not only learn new ways of doing business but also establish beneficial relationships and partnerships,” Adele said.
According to Adele, Nigeria’s hospitality industry is expected to thrive during the congress, as hotels, restaurants, and other businesses experience a surge in patronage. The event will serve as a platform for international delegates to explore Nigeria’s investment potential, which could lead to long-term economic benefits.
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Highlighting upcoming developments, he noted that First Bank is constructing a 43-floor commercial and mixed-use development at Eko Atlantic, which will be showcased as a key study tour site. Other tour locations include the Lekki Free Trade Zone and Industrial Hub, Alaro City, Africa’s premier smart city, the National Museum, the U.S. Embassy at Eko Atlantic, the largest U.S. embassy in the world
Adele stated that these tours would offer a real-world perspective on the challenges and opportunities within Nigeria’s real estate sector, covering investment, policy implementation, and urban planning. Delegates will have the opportunity to engage with industry leaders, developers, and government officials, fostering strategic partnerships.
He also highlighted the ongoing development of the coastal road, noting that it presents significant real estate investment potential. “We aim to showcase these projects to international delegates to attract foreign direct investment (FDI) into Nigeria,” he said.
Adele reaffirmed Nigeria’s longstanding membership in FIABCI since the 1970s and expressed the local chapter’s enthusiasm for contributing to the global network.
“We are not just talking about it—we invite you to come and experience Nigeria firsthand. Nigerians are among the most hospitable people in the world. This is an open invitation to explore Lagos, witness its transformation, and seize the investment opportunities available,” he added.
by Okwy Iroegbu-Chikezie and Ambrose Nnaji @TheNation
