Property investment, according to real estate stakeholders, will boost the country's economy this year.

Akintade Esan, Chief Executive Officer of Wealth Island Properties Africa, argued that the real estate sector is one of the viable options available to investors, and that the Nigerian economy is not as bad as some predicted.

"I have two degrees in Economics, which positions me to analyze the upcoming economic situation," he said. This goes against the guidelines established by experts.

"Nigeria is not in as bad a shape as most people believe and predict. The economy will defy the dynamics that most people are accustomed to, which is where the confusion begins. However, in difficult times like this, some investment options have proven to be more predictable over time."

According to him, the government's struggle to solve the housing problem for a growing population has already been hampered by the new year's hydra-headed social, security, and electoral situations.

He went on to say that investing in real estate ensures stability and the highest possible return on investment because it provides a practical value and solution to the country's current problems.

"In times like this, money does not decrease in circulation," he added. It only moves from one industry to another, where its worth is most appreciated. Property and housing in underserved areas, such as Nigeria, provide an advantage to investors."

Seasons like this, when the environment is rife with news of uncertainty, position smart investors to minimize risks by pitching with experts and investments that have been proven and certain, according to Esan.

"We adhere to a 'certainty model,' which produces real estate products at all times but much more in different times, such as this one. Ponzi schemes abound, and their promoters will be in town to quell the news of the uncertain times predicted by the economic outlook, but none of them have tried any of them before. Only prudent property investments, made through a reputable organization such as ours, will guide investors correctly."

In the same vein, Charles Ukpong, a realtor, stated that real estate was oil money for investors.