Mr Adebola Mogaji, CEO/ MD MYABUJAHOME LIMITED has revealed that the real estate company "MYABUJAHOME"has become a billion naira company within a two year space.

We met with the Founder, Managing Director and Chief Executive Officer, Mr Adebola Mogaji, to report on its landmark status, how MYABUJAHOME LIMITED has been able to thrive in this challenging economy, and the Nigerian real estate industry facing lack of investment capital.

“Integrity and a great team are the keys to our success” were the first couple of words that came out of Mr Adebola Mogaji’s mouth. A former business lecturer at both the University of East London and the University of Essex, and a former consultant / business analyst to several companies in multiple business sector, Mr Mogaji returned to reside in Nigeria short of a decade ago, after close to 20 years in the UK. 

The vision to actually do something more with his life, instead of only passing the knowledge to the next generation was the burning stimulus for the move home. He started the company MYABUJAHOME LIMITED in Abuja, initially as a marketing company, but has since grown into construction, investment, advisory and now bidding for awards to build for the Government of Nigeria, with current invitations from the countries of Niger and Gabon.

I informed Mr Adebola Mogaji about our research on his company, the report of high integrity, and feedback from some of the members of the public who had only good words to say about the company, he smiled and didn’t seem surprised. “We aim to please our customers here, no matter how small or big you are. We stay honest, refuse jobs that we can’t account for, deliver on every promise we make, and we don’t make money our only focus” he said.

MYABUJAHOME LIMITED started as a little known company a few years ago, and between December 1st 2024 to date has given out for free over 1,000 plots of land, to help people get on the property ladder, especially civil servants who have worked for years and who have not been able to own a home or a piece of land. In return, each land owner was to take care of its legal, documentation and administration fees related to the plot, which was less than 15% of the value of the plot of land. For me, a first of its kind in my career as a journalist or that I have heard of in Nigeria.

When confronted with the fact that his company is worth over a billion naira as at today, he simply smiles and says “A billion naira in assets is a good place to start! The exchange rate is crushing our currency value and making it look as if we are not progressing, but we are. I am grateful no doubt, I still leave in my small 3 bedroom rented flat, own only one car, wear the same clothes, nothing much has changed for me personally, but I can tell you how excited we are when we are a blessing to someone or when our work changes the trajectory of some people positively. Nothing beats those prayers we get for doing good”. The humility is just so palpable and refreshing to see.

Mr Adebola Mogaji further explained how they thrive in this volatile economy and real estate industry in Nigeria. “We started off selling the ‘big properties’ and estates for other real estate owners, I mean the multi-billion naira ones, but changed direction to affordable housing where there is a massive deficit, where the market is looking for something they can afford or build by themselves. This allowed us to acquire lots of affordable landed property outside the main city of Abuja, and increased our network, to the point where we met and engaged the Honourable Minister of Housing & Urban Development, the MD of Federal Housing Authority, the MD of Federal Mortgage Bank of Nigeria, and many other policy makers. As a matter of fact, we are looking forward to collaborative projects this 2025 running into several billions of naira to alleviate the affordable housing challenges”.

He then reiterated the keys to his improved networth and successes, “I couldn’t have done all these without Mr Kindness Emmanuel, Mrs Shahida Ahmed, and a team of loyal, hardworking, and persistent people, who wake up every day, inspite of every challenge, to give MYABUJAHOME LIMITED between 8 to 16 hours daily. It’s exciting times I tell you and Nigeria is the best place to invest right now. We are open to collaborations, partnerships and investments, both locally and internationally. I truly will like to speak with you again in 5 years to see where we are then. Maybe we will be worth more than a billion dollars then.” – Mr. Adebola Mogaji says smiling.

In his advice to young entrepreneurs he said “Put God first in all you do, take care of your family as best as you can, work hard even though the fruits are not showing yet, believe in yourself, ignore the noise, partner with people with like minds, and don’t forget to be a blessing to someone else any opportunity you get. 

MYABUJAHOME is a real estate company located in Abuja, the Federal Capital Territory of Nigeria, the most populated and the largest commercial space in Africa. 
You can visit MYABUJAHOME LIMITED website – www.myabujahome.com, their offices in FCT Abuja, on their social media pages @myabujahome, or call on (+234)8088837426 / (+234)80827238