‘Real estate sector can tackle unemployment’

Government at the state and federal levels has been urged to partner with stakeholders in Nigeria’s real estate sector to reduce housing challenge and also tackle unemployment in the country.

Making the call in Lagos during the unveiling of a multi-storeyed luxury apartment and office complex jointly built by Arkland Properties and Investment Company Limited and Amlad Group at Eko Atlantic City, Victoria Island, Chief Executive Officer of Amlad, Joseph Clarke, said with more support from government, there’ll be more investment in the property market, thereby leading to the creation of wealth and growth in the economy.

According to him, their new luxury building in the emerging coastal city, will offer international standards in the quality of facilities available on the ground.

He said, “The property market has the potential of not only creating employment but also tackling Nigeria’s huge housing deficit.

“All that government needs to tackle unemployment is to partner with stakeholders in the real estate sector and the type of changes we hope to see in terms of quality and affordable housing will happen.

“Our foray into Eko Atlantic is to offer luxury at an affordable price to clients and in so doing, we have come up with a flexible paying plan.”

Credit: Punch