Utilit Targets Transformation of Nigeria’s Estate Management System

A new Nigerian proptech startup, Utilit, has entered the market with the goal of becoming the operating system for estates across the country.

Founded by Stephen Aluo (Chief Executive Officer) and Victor Ibrahim (Co-founder), Utilit is a Lagos-based company building an integrated digital platform that simplifies estate management through automated billing, access control, communication, and revenue tracking.

The startup aims to replace the fragmented and manual systems that continue to dominate estate operations in Nigeria.

“Managing an estate in Nigeria often feels like trying to run a small local government with zero digital tools,” said Stephen Aluo. “Utilit is our answer to that chaos.”

Nigeria’s estate management space has witnessed growing innovation from platforms such as Venco and Clannit, both of which have gained traction in recent years. However, Utilit believes the market remains largely untapped, as most estates still rely on spreadsheets, ledgers, and paper records.

According to Victor Ibrahim, the company’s approach was shaped by firsthand research and collaboration with property managers, residents’ associations, and facility administrators.

“We realised the problem wasn’t just technology. It was how estate governance works. Our product had to be simple enough for a chairman who still uses a Nokia phone but smart enough to automate revenue tracking for managers overseeing 500 apartments,” he said.

Utilit’s platform focuses on solving key challenges in estate living, including billing, communication, and access management. It also features offline-friendly capabilities tailored to Nigeria’s unique conditions, such as irregular power supply and connectivity issues.

The company plans to expand its services to include utility vending, embedded finance, and resident marketplace functions. The goal, according to Aluo, is to make Utilit the central hub for community management and transactions.

“We don’t just want to digitise estates. We want to create the infrastructure for how communities operate,” Aluo said. “In the next few years, every estate, whether in Lagos, Abuja, or Port Harcourt, should be able to run seamlessly on Utilit. That’s our north star.”

Currently bootstrapped, Utilit is in talks with investors for a pre-seed funding round to accelerate adoption. The company plans to onboard 50 estates within its first year of operations and later expand to other major Nigerian cities.

“The same way Paga and Flutterwave digitised money flows, we’re here to digitise community flows,” Aluo added. “Our ambition is big, but so is the problem we’re solving.”

If Utilit delivers on its plans, the startup could help modernise the estate management experience in Nigeria and unlock new efficiencies for residents, managers, and service providers alike.