The Nation Newspaper

Category: Property

  • NIPR FCT, Drawbridge CM partner on expanding PR consulting landscape

    NIPR FCT, Drawbridge CM partner on expanding PR consulting landscape

    The Nigerian Institute of Public Relations (NIPR) FCT Chapter is set to partner with Drawbridge CM Limited, a communication management company based in Abuja, to enhance the public relations consulting ecosystem in the Federal Capital Territory (FCT) and surrounding regions through capacity-building initiatives.

    The chairman of the NIPR FCT Chapter, Stanley Ogadigo made this announcement while receiving a delegation from Drawbridge CM in Abuja.

    He emphasised that capacity building for members and adding value to society are key priorities for his administration.

    He highlighted that the newly established Projects and Partnerships Committee (PPC) is designed to facilitate partnerships that offer mutual benefits.

    The collaboration with Drawbridge CM will be the inaugural project undertaken by the PPC.

    Prominent members of the FCT chapter in attendance included Mrs. Olubunmi Badejo, NIPR national council member representing the FCT; Dr. Omoniyi Ibietan, Secretary-General of the African Public Relations Association; and Haj. Maryam Sanusi, immediate past chairman of the FCT Chapter and NIPR Council member representing the Federal Government.

    Hassan Abdul, Lead Consultant and CEO of Drawbridge CM expressed his gratitude for the opportunity to collaborate with the NIPR FCT Chapter.

    He stated: “As key players in the PR field in Abuja, we value every opportunity to engage with the NIPR and the public relations profession through the chapter. Our visit today underscores our commitment to supporting the chapter’s goals and contributing to its ongoing development and success.”

    Abdul further noted the potential of the PR profession to create job opportunities and reduce unemployment by directly employing practitioners and indirectly supporting organizational growth and profitability.

    He highlighted the importance of PR in building reputations and fostering positive relationships essential for the success of both public and private sector organizations.

    Read Also: NIPR presidency: Between Nkechi Ali-Balogun and Ike Neliaku

    Addressing the limited number of PR consulting firms in the FCT, Abdul pointed out: “We are among a few PR consulting firms in the FCT despite the large pool of registered practitioners in the chapter. Many practitioners operate within the public sector, creating a gap when organizations need external PR consultants. This gap is often filled by firms from outside the FCT, which is less efficient.”

    He added: “An Abuja-based firm, with its expertise and local knowledge, would be more cost-effective and efficient in navigating the public sector landscape. We are ready to work with the NIPR FCT chapter to expand the consulting practice ecosystem by building capacity for members at both experienced and entry levels. We are proud to partner with the chapter on any projects that support this goal.”

    Ogadigo assured Drawbridge CM of the Chapter’s readiness to collaborate on enhancing the practice of public relations in the FCT and beyond.

    The Drawbridge CM delegation included Franklin Ginger-Eke, senior advisor to the firm, and Jessica Ahmodu from the firm’s client service team.

  • Gorton Superstore CEO Ogbonna, Chairman Adron Homes, others honoured at Africa CEO Merit Awards

    Gorton Superstore CEO Ogbonna, Chairman Adron Homes, others honoured at Africa CEO Merit Awards

    Prominent Nigerians have been honoured for their contributions to national development at the just- concluded Africa CEO Merit Awards organised by Goodwill Ambassador Agency at National Merit House, Maitama Abuja. 

    They include the CEO Gorton Superstore Wholesale Market, Manchester, England Mr. Christian Ogbonna who was honoured as Most Outstanding African Young CEO in Diaspora. 

    Also on the list of awardees is the Group Managing Director & Chairman Adron Homes & Properties Limited, Oba Adetola Emmanuel King who bagged lifetime achievement award. 

    Also honoured is the founder/CEO Ose Dudu Special Organic Skincare Enterprise, Amb. Dr. Olabisi Shakirat Ogunwale, who bagged Africa Business Woman of The Year as well as the Chairman/Group Managing Director PrixAir Group, Ademola Adedeji Banjo who was honoured as Businessman of the Year. 

    Other winners include the MD/CEO Alvon Group, Amb. Dr. Ojukwu Chinedu Patrick, Handy Gidi which won Most Innovative Indigenous Furniture Company of the Year, President/Founder Majorkings Agency Group, Amb. Dr. Temisan O. Louis, Most Beautiful Girl in Nigeria 2012. 

    Speaking on the awards, the Founder of Goodwill Ambassador Agency, Amb. Dr. Chris Odey, stated the honours were in recognition of their high productivity, hard work and excellence.

  • Olorunnipa bags honorary professional fellowship doctorate in Real Estate

    Olorunnipa bags honorary professional fellowship doctorate in Real Estate

    The CEO of S2DB Group Olusegun Olorunnipa has been conferred with Honorary Professional Fellowship Doctorate in Real Estate and Hospitality Management by The Chartered Institute of Public Resources Management and Politics, Ghana. 

    The award was presented to him in his Abuja office where he was also decorated in recognition of his highly and excellent effective, professional, inspiring, executive charisma and leadership towards the growth and development of African continent. 

    The Chartered Institute of Public Resources Management and Politics, Ghana described him as a distinguished personality, seasoned professional and visionary leader. 

    He was applauded for his strong work ethics that stands him out in his sphere of influence, discipline, flexibility and self-confidence, including his creativity. 

    The organisation also applauded him for being affectionate, kind and willing to sacrifice, becoming a shinning example for others. 

    Read Also: Ondo lawmaker Makinde bags fellowship award

    Announcing the award conferment in a social media post, he expressed gratitude to God, his family and those he has come in contact with in life who in one way or the other supported in reaching his height. 

    He said: “I am deeply honored to announce that I have been awarded an Honourary Professional Fellowship Doctorate in Real Estate and Hospitality Management by The Chartered Institute of Public Resources Management and Politics, Ghana. 

    “This prestigious recognition, also bestowed upon esteemed leaders in the Federation, is a testament to my dedication and achievements in the industry. 

    “This accolade was earned through years of hard work, resilience and commitment, as the Institute has meticulously monitored my track record. I am immensely grateful for this acknowledgment and motivated to continue striving for excellence.

    The multi talented music executive popularly known as Sleeq2dbone contested for the Kogi Assembly for Kabba/Bunu Constituency and has popular music artist Jumabee on his record label.

  • Hamrex Properties completes campus tour

    Hamrex Properties completes campus tour

    Hamrex Properties, a leading real estate company, has proudly announced the successful completion of its recent campus tour at Ignatius Ajuru University.

    The event, designed to engage with students, faculty, and staff, featured a series of informative sessions about the real estate industry and future opportunities.

    One indelible highlight of the tour was the generous awarding of scholarships to outstanding students, recognising their academic excellence and potential.

    In addition to these scholarships, Hamrex Properties made a significant contribution by donating parcels of land to the university, demonstrating their commitment to supporting educational institutions and contributing to their growth and development.

    Read Also: Hamrex Properties bags prestigious excellence award from Ignatius Ajuru University

    “We are thrilled to have had the opportunity to connect with the students and faculty at Ignatius Ajuru University.

    “Our goal is to foster education and support the community. We believe that these scholarships and land donations will help the university and its students thrive, stay focused on their goals, and be a source of inspiration to others. Empowering others is at the heart of what we do,” said Amadi Harry Excellent, CEO of Hamrex Properties.

    The management of Hamrex Properties expressed their gratitude to the university administration and students for their warm reception and active participation throughout the tour.

  • Shell coop residents allege police harassment over green area space dispute

    Shell coop residents allege police harassment over green area space dispute

    A  civil society group, the Civil Society Alliance for Transparency and Development (CSATD), has appealed for intervention in the alleged harassment of residents at Shell CoopEast Garden Estate in Abuja.

    It claimed residents are being targeted by police allegedly acting for the estate developer  Shell East Staff Investment Cooperative Soceity Limited (CoopEast) despite a lawsuit challenging the developer’s plan to build on a designated green area.

    The group explained the homeowners bought properties with the understanding the green space would be part of the estate. However, the group alleged the developer wants to sell it for development, breaking the original agreement.

    Read Also: Kogi governorship dispute: Tribunal fixes Monday in Ajaka’s petiton against Ododo

    In December 2023, residents filed a lawsuit (FCT/HC/CV/522/23) to fight the developer’s actions.

    CSATD expressed concerns that using police to harass residents undermines the legal process.

    A statement by CSATD convener Ambassador Mohammed Basah called on the FCT Minister, Nyesom Wike, the FCDA and the Inspector General of Police to intervene.

    It urged the authorities to uphold the rule of law, protect residents’ rights, investigate the police involvement and prevent its misuse in civil matters.

    “CSATD stands with Shell CoopEast Garden Estate residents in their fight for justice,” Ambassador Basah said. “We urge all relevant authorities to ensure the rule of law is respected and that residents can live peacefully.”

  • Real estate firm woos customers with discounts on land

    Real estate firm woos customers with discounts on land

    Real estate firm, Adron Homes and Properties, has unveiled its annual Ileya promo with discounts on its landed property and gifts for new customers.

    These discounts were launched on Friday, May 17 at the Adron headquarters, Omole Phase 1, Lagos.

    Adron’s Deputy Managing Director southern operations, Mrs Adenike Ajobo said: “As a brand, one of the reasons we brought out products like these is to encourage Nigerians to own property. Having that in mind, we brought about the concept of affordability and convenience of payment.”

    Speaking on the inspiration behind the project, she said: “The customers are the inspiration, that they are the reason why the firm is still in business, our vision is to continually build homes, communities and cities not just for the rich alone but for the middle class and low income earners, this is why we are launching this promo with its discount.”

    Read Also: Real estate firm provides wellbeing

    Director of Public Affairs, Mr Michael Oyadele explained that the discount ranges from 30-45% on all landed property. 

    He also said that the gifts for initial deposits included bags of rice, rams, washing machine, cows among others.

    He said: “For us at Adron Homes affordability doesn’t just mean you pay but the convenience of payment is also important, so for every Nigerians near or far please key into this and take advantage of this to be a homeowner.”

    Director of Customer Support, Mrs Aminat mentioned the promo would end on the 6th of July.

    Adron
  • Dangiwa breaks jinx, reconstitutes ARCON council as Ajayi re-elected president

    Dangiwa breaks jinx, reconstitutes ARCON council as Ajayi re-elected president

    The Minister of Housing and Urban Development, Arc. Ahmed Dangiwa has toed a fresh path by reconstituting the Architects Registration Council of Nigeria (ARCON), charging all architects to bury their differences for the advancement of the profession.

    The minister’s decision came almost 30 months after the tenure of the last council had expired.

    Though many acknowledged the sterling performance of the last council, led by Arc. Dipo Ajayi, however, several intrigues had hit the body, leading to internal acrimony and sharp differences between ARCON and the Nigerian Institute of Architects (NIA) on one hand, and NIA against the Association of Chartered Nigerian Architects (ANCA) on the other hand.

    The minister upon his assumption of office had waded into the matter and had met warring factions with a view to bringing a lasting solution.  He had urged them to sheath their swords and allow peace to reign, while he promised to expedite action in reconstituting the council in no distant time.

    Charging the new council, Dangiwa, who noted that the Federal Government could not waste further time in bringing the new council to berth, said ARCON was created in1969 as a policy-making organ of government to help in promoting the development and growth of the architectural profession.

    “This is because the government recognized the need to regulate and maintain standards in the built environment, which is a major driver of economic growth.

    “Since then, it has played a key role in shaping the development of the profession and the quality of architects and architectural output.”

    He charged council members to ensure that there was peace in the house of architecture in Nigeria.

    “This is very important. Without a peaceful environment, there can never be meaningful progress.

    “As a revered profession, we must demonstrate unity. We must demonstrate the ability to organize ourselves.

    “We must show that we can lead the industry. This must be evident in the way our organizations conduct themselves.

    Read Also: ARCON presents new regulatory

    “I made it clear to all stakeholders and interest groups within the profession that ARCON is the statutory body established to regulate the architectural profession in Nigeria, by virtue of the provision of Section 7 (5c), 9(3), and Section 4 of the Architects Registration Act, 2004.

    “This new council must play its part by promoting accountability and transparency through the implementation of initiatives that would enhance good governance in the built environment by building a culture that encourages registered architects to uphold ethical conduct and integrity.

    According to him, “This includes working hard to sanitize the profession and bring to an end the incessant incidences of building collapse in the country that have led to the loss of lives and property, thereby bringing shame to the profession.

    “This distinction and your nomination come with high responsibility and you must be alive to the expectations of the Architectural profession and the trust bestowed upon you and be ready to contribute meaningfully towards policies that will promote and enshrine standards and quality in the housing sector.”

    The minister also threw his weight behind other groups with the architecture family that wished to exist.

    “We should incorporate the right to exist and function with the common objective of promoting the profession, in accordance with the provision of Section 40 of the 1999 Constitution as amended (which gives the right to freedom of association), accordingly.

    Immediately after the inauguration, members of the council went to vote for its principal officers.

    Subsequently, Ajayi was reelected as the President of the Council.

    He defeated Arc. Kabiru Ibrahim, who was tipped by the Nigerian Institute of Architects to clinch the coveted seat.

    Similarly, Arc. Mohammed Kani emerged as the Vice President, having defeated Arc. Fatai Falola.

    While the Registrar of the council remains Arc. Umar Murnai, Arc. Ugwuanyi Odobuma was returned as the Treasurer.

    In his acceptance speech, Ajayi urged us all to embrace the spirit of cooperation, unity, and commitment.

    “Let us celebrate our diversity and harness our collective strengths to elevate our profession and create a lasting impact.

    “Let us work together to build a brighter future for architecture in Nigeria, where creativity thrives, innovation flourishes, and our contributions make a meaningful difference in the lives of our people.

    “Together, we will shape the future of our profession and create a legacy that will inspire generations to come.”

  • RealtorMax set to redefine real estate sector with eco-friendly towns

    RealtorMax set to redefine real estate sector with eco-friendly towns

    In a bold move set to redefine the real estate landscape in Nigeria, RealtorMax Limited has announced plans to revolutionise the sector by introducing convenient home ownership options and developing eco-friendly towns around Lagos and other key cities across the country.

    In a statement released yesterday, the Chief Executive Officer of RealtorMax Limited, Mike Adeyemi, outlined the company’s ambitious vision to bolster the Nigerian economy through the creation of modern, sustainable communities. 

    These communities are slated to gain a comprehensive range of amenities, including healthcare facilities, reliable electricity, top-notch security, seamless connectivity, banking services, and recreational opportunities, all within serene environments that seamlessly blend urban convenience with natural tranquility.

    “A commitment to integrity and a steadfast dedication to helping individuals and families achieve their dream homes have been the cornerstone of RealtorMax Limited since its inception,” stated Adeyemi, underscoring the company’s ethos of service and reliability.

    He further emphasised the pivotal role of shelter in enhancing the quality of life, highlighting the profound impact that access to secure and comfortable housing can have on individuals and communities alike.

    Read Also: Immigration service to deploy e-solutions to border areas in Kebbi

    He said: “With a strong commitment to integrity, making life more comfortable and delivering on promises, RealtorMax Limited has gained a reputation for exceptional services and prompt allocation of property and is poised to helping individuals and families achieve their dream homes, whether affordable or luxurious.

    “One of the notable projects currently being undertaken is the almost 500-acre Urbanmax Estate, located in the Owode Obafemi area of Ogun State, near the Shagamu Express Interchange, which sells for N1.3million per plot (500 SQM).

    “The eco-friendly estate offers a range of residential and commercial options with modern amenities, providing residents with a comfortable and convenient lifestyle. Our perimeter fencing construction is coming up according to schedule and we will provide all amenities pledged to customers.

    “In addition, RealtorMax Limited is also developing Aje. The Wealthy Residence, in the vibrant Ibeju Lekki area. This luxurious residential development showcases our commitment to delivering high-quality and prestigious homes for discerning buyers at N32 millon per plot (500 SQM). So, we offer dream homes to all our customers whether their choice is luxury or affordability. Both estates offer opportunities to enjoy eco-friendly homes with close proximity to Lagos metropolis.

    “Strategically, RealtorMax is determined to change the face of real estate in Nigeria in real terms. We are already known for integrity, keeping our words to our clients promptly. When we promise to develop new towns, we do. Already, we have set up necessary systems and are deploying to sites experts that will drive the provision of all essential amenities including electricity, healthcare, security, Internet, bank, and resorts. By developing new cities and communities, we are focused on providing citizens with well-planned and sustainable living spaces that cater to their needs, as part of plans to boost the overall economy.

    “We believe that everyone deserves a place they can call home, and our goal is to make that dream a reality. We are committed to providing convenient home ownership options and developing sustainable communities that enhance the lives of our residents.

    “As a fast growing real estate company, RealtorMax is poised as a driving force in the real estate industry to transform the way people perceive and experience home ownership in Nigeria. With a focus on integrity, transparency, and customer satisfaction, we are excited to lead the way in creating innovative and modern living spaces that meet the evolving needs of individuals and families.”

  • Harness our assets to revive economy, says NIESV president

    Harness our assets to revive economy, says NIESV president

    The President of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Victor Alonge, has said that Nigeria’s assets, if properly harnessed, have the potentials to boost the nation’s economy.

    Alonge made the disclosure on Monday, May 6, in Abuja in commemoration of the 2024 International Valuation Day Celebration with the theme “The Importance of Asset Valuation in Financial Stability.”

    Speaking at the briefing, Alonge, noted that the Valuation Day celebration, which started in Nigeria three years ago, was primarily to improve the awareness of the Nigerian public on the importance and the key roles of valuation particularly in the economic activities and the development of the Nigerian state.

    According to him, this was in keeping with the global focus of the International Valuation Standards Council (IVSC) in promoting the realization of the International Financial Reporting Standards (IFRS) principles of clarity, relevance, reliability, and comparability in asset pricing reporting particularly in financial statements.

    The newly elected president of NIESV said this year’s theme was carefully selected to help both public and private citizens in to aid in making critical financial decisions.

    “The theme was adopted in order to draw attention to the relevance of asset valuation in optimizing the potentials of assets in economic and financial decision-making in all sectors of the economy.”

    Reviewing the state of valuation in the country, Alonge, a former vice chairman of the Estate and Valuers Registration Board of Nigeria (ESVARBON), though Nigeria sits on a goldmine, it was however regrettable that much of these values were left unattended to.

    Read Also: Mark emerges NIESV’s 2nd vice president

    “The current state of the Nigeria economy requires that the nation, as well as its various components, looks more closely at the huge benefits of appropriate professional asset valuation to her economic development agenda.

    “Asset valuation is no doubt, key to unlocking those potentials and in identifying the inherent resources that are available for the benefit of not just this generation, but also the generations to come in a sustainable manner.

    “It is very clear to us as valuers, that the country sits on gold but because it is not polished, it appears to the untrained eyes as dust.

    “The theme of the year 2024 celebration was thus chosen to act as a catalyst for improved understanding and awareness of the need for Nigeria to join many other successful jurisdictions in ensuring proper professional valuation of her land and property assets.”

    NIESV president added: “Nigeria currently lags in undertaking credible valuation of her national assets. “While the total value of global property assets was reported at $613.30 Trillion, and the global stock market at $109 Trillion as of 2023, Nigeria does not yet know the value of her own real estate assets.

    “This no doubt calls for action from the government as knowing the value of our national real estate asset would help in meaningful national planning.

    “Asset valuation holds a prime place in the financial stability of the government whether federal, state or local. Corporate organizations, families, and individuals do not need valuation any less to be financially stable.”

    With professionals’ involvement in assets valuation, Alonge said, the allocation of resources will increase.

    “Decisions about the allocation of resources will therefore improve if we all appreciate the key roles and importance of asset valuation in achieving financial stability and the promotion of investors’ confidence in attracting foreign direct investments into the country.

    “We in NIESV therefore, use this opportunity to encourage both public and private entities to embrace market-based asset valuation for the reporting of the value of their assets in financial reports.”

  • Real estate firm Kemsan Acres Global celebrates at five, lists future plans

    Real estate firm Kemsan Acres Global celebrates at five, lists future plans

    • By, Asiwaju Ezra 

    A real estate firm Kemsan Acres Global Limited has rolled out the drums to celebrate its impact at five. 

    It’s CEO Amb Oluwaseun Owoseni said the firm core belief is in client satisfaction as against financial gains. 

    “We are immensely proud to mark this milestone of five years. Throughout our journey, we have remained steadfast in our commitment to integrity, transparency, and professionalism. 

    “Our success is intrinsically linked to the success of our Clients, and we are honored to have played a part in helping them achieve their Real Estate dreams.”

    Kemsan’s dedication to excellence extends beyond mere transactions; it encompasses a holistic approach to Client satisfaction. He said from the reception consultation to the final closing, the company’s team of Experts provide unparalleled guidance and support, ensuring that every Client receives the attention and care they deserve. 

    KEMSAN is renowned for unwavering adherence to ethical business practices. In an industry often plagued by ambiguity and opportunism, the company stands as a steadfast advocate for integrity and transparency, setting the standard for ethical conduct and professionalism.

    Read Also: Real estate firm mulls strategies for investment

    With commitment to excellence remains resolute. With a continued focus on innovation, customer service, and integrity, he said the company is poised to redefine the real estate investment and development landscape for years to come, continuing to empower clients and communities alike.

    Owoseni expressed gratitude for the trust and confidence by clients, partners, and stakeholders, not forgetting the impact of the members of staff in their various offices across different regions.   

    “With unwavering dedication and a steadfast commitment to integrity, the company looks forward to many more years of success, prosperity, and positive impact in the Real Estate world,” he stated.