News

Invest in Lagos: A Call to Action from Pastor Matthew Ashimolowo.

Published

on

In a recent statement that has garnered significant attention, Pastor Matthew Ashimolowo, the Global President of the Kingsway International Christian Centre, has passionately urged potential investors to consider Lagos State as a prime investment destination. Speaking in a viral video, he warned that those who fail to act now may face regret within the next decade.

Pastor Ashimolowo emphasized the dramatic rise in property values in Lagos over the years, reflecting on personal experiences that underscore his message. He reminisced about the early days of his ministry when prime land in areas such as Opebi and Allen Avenue was available at remarkably low prices. “Anyone who does not invest in Lagos now will regret it in 10 years,” he stated, highlighting the missed opportunities he witnessed firsthand.

He articulated the foresight of his father-in-law, who advocated for the purchase of multiple plots of land when others were hesitant. Ashimolowo’s narrative highlighted a concrete example: a plot in Opebi he once chose not to purchase for ₦500 in the past was later bought for ₦10 million in 2004 and eventually sold for a staggering ₦120 to ₦150 million in 2018, following a total investment of ₦55 million.

Emphasizing the financial advantages of strategic investments in Lagos, Ashimolowo noted that no salary could compare to the returns from such investments. He called upon local and international investors to seize the current opportunities in Lagos, especially as interest from investors in Asia grows, who are increasingly seeking new ventures beyond Europe.

In conclusion, Pastor Matthew Ashimolowo’s insights serve as a vital reminder of Lagos’s potential as a booming investment hub. His call to action invites both seasoned and new investors to partake in the growth and transformation of Nigeria’s commercial landscape while there is still time. The future of investment in Lagos is bright, but the window for action is narrowing.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Copyright © 2024 Phinadon Magazine. All rights reserved.