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‘We cannot take loan at 28% interest rate and provide affordable housing’

'We cannot take loan at 28% interest rate and provide affordable housing'

Dr Aliyu Oroji Wamako is the vice president of Real Estate Developers Association of Nigeria(REDAN) and CEO of Jedo Investment Limited. In this interview with Chika Okeke, he spoke on issues affecting the built industry and why it would be difficult for the private sector to provide affordable housing. Read below: Stakeholders are optimistic that it will take government next ...

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“NIESV is not just an institute but an institution” – Femi Atoyebi

An Estate Surveyor and Valuer, a member and an associate in view of the National Institution of Estate surveyors and Valuers (NIESV), an associate member in the institute of strategic management of Nigeria (ISMN) whose background experience is spanning 8years in real estate and the Owner of Magnagate integrated Services, Mr. Femi Atoyebi, in an interview with Nigeria Real Estate ...

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How Bola Aliu became a landlord in Abuja

landlord in abuja

Building a house is such a big deal for some people, but for many others it is NOT impossible. Here is the story of how Bola Aliu became a landlord in Abuja – A megacity in view. Please read and get inspired to start your own house. NREH: Please introduce yourself Sir? Bola Aliu: My name is Bola Aliu, an ...

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“Banks are indirectly killing real estate industry in Nigeria” – Showunmi

Real estate industry in Nigeria

Mr. Femi Oluwalose Showunmi is the Chairman and CEO of Phemy Showunmi and company Limited, a real estate marketing, consultancy, development and construction firm. Showunmi is a mathematics graduate of Ambrose Ali University, a School of Estate graduate and a member of Association of Estate Agents in Nigeria (AEAN) which is being midwifed by Nigeria Institution of Estate Surveyors and ...

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‘Impact of the Naira fluctuation on property development’ – Omisore

Tokunbo Omisore is the Chief Executive Officer of Top Services Limited and President of African Union of Architects. In this interview with MAUREEN IHUA-MADUENYI, he talks on effect of Naira fluctuation on property development and the need to encourage retail mall development as a means of job creation Read excerpts below: A lot of developers are focused on residential buildings ...

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“REDAN is a serious stakeholder in housing development” – Hajia Binta Ibrahim

stakeholder in housing development

The Chairperson, Real Estate Developers Association of Nigeria (REDAN), Federal Capital Territory (FCT), chapter, Hajia Binta Ibrahim, in this interview with Dele Ogbodo, said that the only way houses can be made affordable is when there is serious intervention from all the stakeholders in the sector and government has to realize that REDAN is a serious stakeholder in housing development. ...

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‘Use appropriate technology & materials to offset Nigeria’s housing deficit’- Obua

appropriate technology & materials

Ifeanyi Obua, a graduate of Mechanical Engineering with specialisation (MSc) in Technology of machine manufacturing from Krivoy Rog Technical University, Ukraine, is the CEO of Obua Technology Solutions LTD. Obua mentioned legislation and empowerment of land ownership, use of appropriate technology, training of labour force in the construction industry among others as the solution to Nigeria’s housing deficit. In an ...

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