During the maiden meeting of its newly elected national exco in Abuja on Friday, The Real Estate Developers Association of Nigeria (REDAN) expressed its readiness to work with the president- elect, General Muhammadu Buhari in addressing the problems facing the housing sector.
In the meeting attended by REDAN exco, REDAN President Rev. Chime Ugochukwu said that the association will help actualize the All Progressives Congress (APC) manifesto to build one million houses annually between 2015- 2019.
According to him, REDAN has set up a committee to come up with a road map on housing development as a position paper to be presented to the new administration for implementation.
“We will also work closely with the Administration to ensure that the Land Use Act is amended. REDAN will step up its advocacy and liaison with the National Assembly to expedite the passing of the Land, Housing, foreclosure law; Mortgage and Real Estate related laws proposed by government with the National Assembly since 2006.
The REDAN president also said its members will work with respective government agencies and Research Institute to ensure reduction in cost of obtaining permits and approvals relating to land for mass housing development.
“We will focus efforts on land administration in favour of Real Estate Developers. Develop technology to utilize local materials and achieve considerable cost of construction. Encourage Green Construction. Ensure Members adhere to standard in process and product s of housing development and comply with National Building Codes and Extant Laws respecting land and housing construction.”
“We shall collaborate with stakeholders in the government, built industry and business spheres to step up artisans, trades and craftsmen /women training and re-training to empower Nigerian citizenry especially the large population of youths. The association will work closely with the National Assembly to make REDAN an Act of the National Assembly. This will ensure focus in and standard in the housing sector.”
Get all our updates delivered straight to your phone! Click here to download the Nigeria Real Estate Hub Android App on Google Play Store.
– All credits to this site must be clearly stated as nigeriarealestatehub.com