Cosgrove Chairman Umar Rewards Staff with ₦4bn Property Giveaway
Cosgrove Chairman Umar Rewards Staff with ₦4bn Property Giveaway
Cosgrove Chairman Umar Rewards Staff with ₦4bn Property Giveaway
Chairman of Cosgrove Investment Limited, Mr. Umar Abdullahi, OFR, has drawn nationwide attention after gifting properties valued at an estimated ₦4 billion to staff of the company in an extraordinary show of appreciation for their dedication, loyalty and contributions to the firm’s growth.
The surprise gesture, announced internally, benefited long-serving and high-performing employees across various departments. Industry observers have described the move as one of the most significant staff reward initiatives in Nigeria’s real estate sector, setting a new benchmark for corporate welfare and employee recognition.
According to Cosgrove, the initiative reflects the company’s people-centred philosophy and its belief that long-term business success is built on empowering employees. By transferring ownership of valuable real estate assets to staff, the company aims to promote financial security, stability and a deeper sense of belonging within the Cosgrove family.
Mr. Umar Abdullahi is a renowned Nigerian entrepreneur and real estate developer with over two decades of experience spanning real estate development, investment and financial services. He is the Founder, Chairman and Chief Executive Officer of Cosgrove Investment Limited, a company that has grown into one of Nigeria’s leading real estate developers, particularly known for pioneering smart estates and technology-driven housing solutions.
A graduate of Bayero University, Kano, Umar Abdullahi has also undertaken executive leadership and management programmes at leading institutions, including Cranfield University in the United Kingdom and Harvard Business School. Before founding Cosgrove, he served as Managing Director of Brains & Hammers Ltd, where he supervised several large-scale housing and infrastructure projects.
Under his leadership, Cosgrove Investment Limited has distinguished itself through innovative developments that integrate smart home technology, advanced security systems and modern infrastructure, contributing significantly to addressing Nigeria’s housing needs. His impact on the sector earned him national recognition in 2023, when he was conferred with the Officer of the Order of the Federal Republic (OFR) by the Federal Government for his contributions to real estate development and innovation.
The ₦4 billion property gift to staff further reinforces Umar Abdullahi’s reputation as a leader who prioritises people alongside profit. As Cosgrove continues to expand its footprint across Nigeria’s property market, the company says it remains committed to rewarding excellence, fostering loyalty and building shared prosperity with its workforce. 
Cosgrove Chairman Umar Rewards Staff with ₦4bn Property Giveaway
