*Why you gain nothing from ethnic bias* byProfessor Pat Utomi

Never get yourself involved in *ethnic hatred or religious bias*.

I’m a Christian from Niger Delta, but most of the things I’ve ever achieved occurred through the help of non-Christians and non-Niger Deltans.

1. I was actually looking for a way to get a banking license for a wealthy Nigerian so I approached one Fulani prince whom I’ve never met before. After telling him my mission, he told me that I should register my own bank instead of being another person’s agent for registering banks.

I was shocked, wondering how an ordinary me will be able to afford the process of owning a bank.

The Fulani prince told me that I should not worry, that he will get me a banking license and even arrange for wealthy Nigerians to patronise me as a help for me without demanding for any kobo.

That was how Platinum Bank came into being through the help of a northern Nigerian I never knew in my life

2. I was a young graduate during Shagari Adminstration when one man came to my residence in a massive car with escorts and told me that the powerful Yoruba Chief Bayo Kuku wanted to see me in his supermansion in Ikoyi.

I got there and the great Chief Bayo Kuku told me that he has always read what I wrote on taxation policies and he had personally discussed me with Nigerian Vice President Alex Ekwueme.

He proceeded to ask me how much I will receive if I was told to write a single position paper for Ekwueme on taxation policies. Then, the price of Volkswagen Beetle was N2,000 so I told Chief Bayo Kuku it will cost Ekwueme N2,000. Chief Bayo Kuku burst into laughter and said : “…so, all those your grammar is only worth the price of a Volkswagen Beetle…?”

Chief Bayo Kuku then opened a briefcase, brought out N10,000 cash (brand new Mercedes Benz was then sold for N5,000) and gave me to write just one position paper, even though I’ve never met him in my life, and he was not even from my tribe

3. Chief Bayo Kuku took me to Vice President Ekwueme, and within one week of knowing Ekwueme, I was shocked one day when Ekwueme told me : “…lest I forget, President Shagari read your position paper and insists on employing to replace the professor that left his administration…”

This was how I became an employee of the Nigerian President Shagari (a Muslim Fulani) without having met him before

4. When I was writing my PhD, I distributed my questionnaire as expected. One day, a man arrived in a big car with escorts and told me that his boss wanted to see me. I followed him and when we got to the boss, I was shocked to the marrow to see that the boss was the highly powerful Alhaji Alhaji. Alhaji Alhaji (a northern Muslim) told me that a fellow northern Emir read my questionnaire for my PhD and recommend that he, Alhaji Alhaji, employ me as his PA on financial matters. I couldn’t talk for almost 2 minutes because of the shock. You need to know how powerful Alhaji Alhaji was in those days

Summary

I’ve been helped by Yorubas and northern Nigerians particularly Fulanis far more than my own Niger Deltans. Don’t allow anybody to push you into ethnic hatred and religious bias because you only stand to lose, not gain, from it.

*Professor Pat Utomi, speaking to an audience in Ikorodu, Lagos State, Nigeria, yesterday 14th July, 2019*

*Real Estate is a LIFT to a Wealthy Class*

Real estate investing doesn’t come with a map, and the road to riches is often winding.
It’s sad to know that no government is preparing for poor people in the society to own properties.

Many live with a dream hanging in the hand of their government believing that one day they will become a REAL Estate Owner through their government plans. It’s always a dashed dream. Real estate is meant for a class in the society, people who are ready to stand for it not a day dreamer. It’s known as the custodian of wealth and inheritance that keeps some people permanently on top in a society.

The tussle to be a REAL Estate Owner in this part of the world is tougher because *there is little number of location that enjoys good planning and infrastructure since 1960 to 2019,* 59years ago by the government.

*Unreliable Access to mortgage is another cause;* for instance NHF, you’ve access to maximum of *#15m* with a lot of conditions such like, look for a finished building with title document that’s not more than what you are to be given.

*While the easiest way to own a dream HOME is buying from off plan when the building is under construction.

* We know that very few people were able to face the rigour of processing a title document that is intentionally keeping people permanently poor by our government which can take 5-10years before it’s issued. This tough process created by bureaucracy and kickback have made many houses in our country without title documents leaving only few who had c of o in 70/80s to recycle their titles in form of governor’s consent to new property owners.

*Things to Do to Put Yourself on this Success Lane.*

1. My Advice is plan your life on daily basis with the little income you’re able to make through formal or informal sources of your cash flow. *Save for a small property.*

2. Listening to real estate professionals and successful investors is next to invest wisely.

3. Step on the ladder by securing a property in the growing areas of your city.

4. *Sacrifice or start at early age, don’t target the high end properties,* it’s a matter of time the earlier properties you acquire will bridge the gap for you. It’s a lift for you to attain new property’s status of your dream as you trade.

5. *Find rental properties in emerging neighbourhoods.*

Rental properties represent a great way to get involved with real estate investments. Emerging neighbourhoods offer growth potential and tax incentives for buyers. Buyers that purchase properties in emerging neighbourhoods maximize profits and ensure that their income covers their costs.

6. *Get to know your market*
When investing in real estate, it is important to learn about and become an expert in your selected market. Being well informed on the current trends, including any decreases or increases in the average rent, income, interest rates, and even unemployment/crime rates will allow you to recognize the current market status and plan for the future.

7. *Treat your investments like a business*
Real estate investing is a business and like every other business it requires purposeful planning, execution, and management.