By Rosemary Okoduwa
The Edo State Commissioner for Women Affairs and Social Development, Hon. Eugenia Abdallah, has urged staff of the ministry to consider real estate investment as a strategic avenue for long-term financial security and wealth creation, while also advocating cooperative savings schemes as a practical means of making property ownership more accessible to civil servants.
Hon. Abdallah gave the advice on Thursday when officials of Pinnacle Builders, Homes and Properties visited the ministry to sensitize staff on the benefits of investing in landed property and the flexible payment options available to prospective buyers.
Speaking after the presentation, the Commissioner commended the company for bringing the investment opportunity to the ministry, describing real estate as one of the most reliable and rewarding ventures for individuals seeking to build lasting assets and secure their future.
She noted that investing in landed property offers greater long-term value than spending on non-essential items, urging workers to make deliberate financial decisions that would yield sustainable returns.
The Commissioner encouraged staff to explore cooperative savings initiatives such as Osusu, through which members contribute regularly and receive bulk payments on a rotational basis, making it easier to acquire plots of land without undue financial pressure.
According to her, many civil servants face challenges in raising large sums for property acquisition due to family responsibilities and other financial commitments. She, however, noted that installment payment plans and collective savings arrangements provide practical solutions that can make home and land ownership achievable.
Earlier, the Marketing Manager of Pinnacle Builders, Homes and Properties, Mr. Chijioke Destiny, explained that the company had intensified its real estate awareness campaign among civil and public servants over the past six months, educating them on opportunities to acquire landed properties through flexible installment payment plans.
He said the initiative was designed to make land ownership more accessible while addressing concerns associated with land grabbing and fraudulent transactions.
Mr. Destiny stated that the company has built a reputation for integrity, credibility and customer satisfaction, adding that it currently operates about ten estates strategically located across Benin City.
He further disclosed that buyers receive five essential documents upon purchase, including a Deed of Transfer, General Certificate of Occupancy (C of O), General Survey Plan, Community Approval and Government Layout Plan.
According to him, payment for plots can be conveniently spread over a period of three months to one year, depending on the buyer’s preferred arrangement.
The sensitization programme formed part of ongoing efforts to promote financial literacy, investment consciousness and economic empowerment among staff of the Ministry of Women Affairs and Social Development.
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