According to Oluwajimayso Opanuga
02 January 2023 | 11:52 a.m
One of the striking features of 2022 is the massive brain drain landing in Nigerians. Many young people have Japa out of the country in hopes of a better future in a more structured system and blame the country’s economic difficulties on emigration. But when these young citizens…
Adetola Nola
One of the striking features of 2022 is the non-stop brain explosion. in Nigeria. Many young people have Japa out of the country in the hope of a better future in a system is more structured and blame the country’s economic difficulties for emigration. But when these young people are looking for greener pastures in other countries, it is also mentioned the punishment for the Nigerian economy. Although Nigeria may have lost its reservoir of talent in the West, the question is whether the future is still bright for those who are left behind.
As we enter 2023, as part of the way we extend the leadership ladder to every Tom, Dick, and Harry in the community, meet Adetola Nola, Founder and Chief Executive Officer of Veritasi Homes Limited shares with GuardianLife an incredible milestone in entrepreneurship travel in the real estate industry and call Nigerians new and struggling in the beginning a business that once was like him knows that there is still light on the other side of the tunnel.
The person behind the name
Adetola Nola is one of the youngest and best house traders in the country’s real-estate sector. He graduated from the prestigious Obafemi Awolowo University where he obtained a B.Sc in Chemical Engineering, his passion for continuous learning also saw him attend several capacity building courses. These include the Strategic Leadership course at London Metropolitan University, as well as the Finance and Management Course at the London School of Business and Finance.
For Nola, his contributions in various capacities of human endeavors come in torrents, for example, he is a famous leader who has had a significant impact on various communities nationally and globally. They are constantly experiencing sea changes in the real estate industry.
In his early thirties, the young property trader collected a portfolio of landmark achievements such as the Forbes 30 Under 30 presented in 2019, and he became the ECOWAS Youth Ambassador. He has founded and founded five other companies – including Noah & Nola Incorporated, Pineapples Luxury Retail Store, and Couture 89 among others. He is also the brain cube behind Nola Travels.
The character of Nola tells about a young person whose tenacity, integrity, and most importantly dedication to his passion define work efficiency that has become a road map for people in various professions.
When explaining the main success factors, Nola explained that “every time I fail in business, I go and you know reanalyze and retrace my steps of my mistakes. In addition, in addition to business money, I have a strong passion to build a successful business and for people who build successful businesses, that’s what they do, right? What’s wrong with you?”
Changing Nigeria’s Real-Estate Status Quo
In Nigeria, interest in real estate has increased in geometric proportions since the shock of the oil industry. There has been increased activity in the real estate sector as a result of the scaled interest that continues to drive up the sector’s contribution to the Gross Domestic Product (GDP). Opportunities in the Nigerian real estate sector abound. And analysts have determined that real estate is the edge of inflation. Considering the rate of inflation in the country, investing in real estate assets is a good option for both government and private investors.
Nola’s guide to exploring opportunities and also empowering others, led to the establishment of Veritasi Homes – a company that innovatively changes the landscape in real estate development, despite being young and committed to offering the perfect real estate solution to provide luxury. and affordable housing for all Nigerians within and outside the country’s shores.
In 2021, Veritasi Homes earned a Better Business Bureau BBB rating in Data Pro; also, in April 2022, the company successfully registered the ₦10.00 billion Commercial Paper Program at FMDQ Securities Exchange Limited through the Board and Market Listing Committee.
This approved CP program will enable Veritasi Homes and Properties Limited to access financing from the debt capital market to achieve its strategic objectives.
The vision of Veritasi Homes and Properties is to be a world-class real estate development company driven by value innovation and optimal service to deliver affordable housing. The strategic objective is to provide a reliable market structure for corporate and commercial businesses with the opportunity to meet short-term financing requirements. The quality of the development also speaks to the company’s vision of becoming a leading brand in the real estate sector.
Nola explains that by investing in the workforce, Veritasi can achieve this
exponential growth in the short period of its existence. According to him, invest in the team
members have assisted in the delivery of exceptional customer service. In his words, “good stuff
forced to happen when bad things happen accidentally. it is even more evident in Nigeria,
because every good thing that exists in the real estate space that we have done like
delivery, construction projects, understand, raise people, patching entrepreneurs every time we
want to do it, there are always want obstacles and problems, but it will not stop us from
actually achieve. But we can get around it, you know, force it to happen. We can do it
some of the best in because we have been used to the problem as well. Then we expect
current day-to-day problems and challenges. So yes, it’s just doggedness, persistence and
consistency, and the ability to negotiate our way to the top. And then manage, of course, a lot
of people, managing stakeholders with government is a big part of that.
Challenge
It is an uphill battle for Nigeria to harness its full business potential. Country over the years
has been faced with many challenges to overcome from the exodus of talent leading to limited
talent for lack of capital to grow the economy.
Nola noted many challenges facing the country. Apart from raising capital and government
policy, he said: “some things that affect growth are the lack of infrastructure, such as
lack of good roads, you know, security challenges, electricity problems, because of that,
You know, investors are not comfortable in foreign investors are not comfortable to come.
For him “any place, or country, if the necessary infrastructure will work, and therefore,
for projects, which involve providing infrastructure, it can be real estate, it can be
produced if you provide infrastructure for people in the project, people will sit there, and
he will work,”
He also noted that the lack of economic and business skills of the government is one of the biggest
problems affecting the trajectory of the country’s silicon valley dream.
“I think that the people in the government, because if not, most of them, have also been
politicians from birth or when they finish university, they have no private sector
experience, and because they don’t have private sector experience, they don’t know how
business work, they do not know how to build wealth. And the people who made this
This policy and politics, this policy, is just anti-entrepreneurship, like anti-growth,”
Extend the leadership ladder for others
Quota contribution for the development of the country, Nola has and still exceeds
the Leadership ladder to empower others by raising the booming Nigerian made entrepreneurs
will rise to transform the country’s sector and attract global investors.
As part of his community service, he said that he plans to raise about 20 multi-millionaires
individuals in 2023.
For him, successful leadership is not only about handling opportunities and challenges but also
about continuing to learn and sharing experience and knowledge.
Nola is one of those gems that rightly represents an individual who not only wants to succeed but also
achieve when others think it is impossible. The caliber of man is quite rare in Nigeria and
wherever found, he not only calls, but also speaks with guidance
for others to follow.