Wealth creation is the process of achieving financial goals through asset accumulation by investments made with saved money. Savings are made as a result of spending less than the money earned (either as salaries, or as wages paid for labour done by contract); hence, the realized savings surplus. People oftentimes, set out financial goals (strategically), when they build up their capitals, from growing their respective savings over a period for increase (financial growth); which they consistently invest on specific assets for purposes of actualising financial stability and to realize passive income streams. Such savings are wisely invested in assets that will continually add value and monetary worth to their assets. A typical sample of such investments is the ones made in real estate.

Startups and young entrepreneurs are therefore advised to exhibit financial prudence and highly disciplined conduct in their spending patterns, to enable them make reasonable savings towards actualizing their respective financial goals and business dreams in life. One very important thing every investor must know is that strategic investment characteristically demands a resourceful person who applies diligence, patience, hard work, financial prudence, visionary management skills, and who will readily put into practice innovative creations from conceived ideas; in order to achieve the desired and targeted goals. This makes it a clear message for everyone in society that life and better future are carefully planned and executed in a systematic manner; where lapses are totally unacceptable and are completely disallowed for purposes of reaching the set goals in life.

“Poverty is a disease” (as it’s generally said). “Poverty is a sin” (speaking in figurative terms, as long as it is presumed that “there’s no free lunch for the sluggard”; so that one is not misquoted in this context). Poverty reduction therefore, should be viewed as a very important project to be vigorously and aggressively pursued by those occupying positions of authority in governance. This is a message that needs to be drummed into the hearings of every citizen in the land, by the image making arm of the government in power (the likes of the National Orientation Agency, NOA). Good governance on its own in this context, is interpreted by the society to mean: where the leaders in the land expressly and selflessly pursue other-people-centered programmed agenda that should exit the led, the masses from difficult economic situations, circumstances and conditions; under their watch (administratively, of course, with improved security situation in the land). Economic emancipation of the lot, however, cannot be realistic within the economy, unless the government (with political will) seriously and genuinely throws her weight behind the general public through implementation of certain socioeconomic packages that are meant to position aright and strategically reposition the entire public to go about their several and respective daily activities without fear of failure; and all entrepreneurs who will specifically operate in their various daily economic activities without suffering any undue impediments or financial losses in achieving set goals. It is indeed the duty and responsibility of the government (sworn on oath at inauguration to protect the citizens); to create an enabling environment, where hard working people in the society shall leverage and do exploits financially.

The built industry is one important economic sector that seriously demands full attention from the government (especially in Africa) where social services pay little or no attention to housing challenges. Shelter being among the three basic needs of man, has been proven to significantly impact on wealth (in the positive side), as well as poverty (in the negative side). The West understands the great importance of provision of affordable housing to the general public (without neglect) hence, the continued and unrestricted packages and programmes about adequate provision of homes within their respective economies. Such packages involve production and provision of affordable mass housing, to be accessed by startups, youngsters, and people from low income groups within the system. Housing programmes within Nigeria (for instance) require very urgent attention to reduce poverty within the economy, through acquisition of affordable homes by people in the low income class, with the help of mortgage financing arrangements for applicants that are organised in cooperative societies (for ease of documentation and financial risk control).

An example of an existing housing programme in Nigeria is the one being promoted by the Real Estate Developers Association of Nigeria (REDAN), led by Akintoye Felix Adeoye, the paramount ruler of Okeigbo Kingdom. It opens up opportunities for everyone to become a home owner, once you have a secured and genuine means of livelihood. This programme being championed in the country by REDAN aims to reduce the housing deficit across the six geopolitical zones. Nigerians are therefore encouraged to key into this all important and very beneficial housing programme, to access the ongoing housing projects for different social class categories, in various parts of the country. The essence is to assist the government reduce the inadequate figures of affordable mass housing facilities that are insufficient to cater for the citizenry. By the above mentioned ongoing arrangements, a lot of families (pensioners and civil servants still in service) can now proudly boast of having a place that they can beat their chests and call their own homes (most especially after retirement). The government therefore, needs to close this housing deficit gap within the economy, by making sure that land is readily made available for this organised private investors in real estate development of the built industry.