Trending News
POLITICS: JUBILATION IN IJERO EKITI AS APC CHAIRMANSHIP CANDIDATE, JAF RECEIVES THE OFFICIAL FLAG OF THE PARTY AHEAD OF SATURDAY ELECTION ECHOES OF ‘MOTHER MERCY’ – Most Dynamic Black Philanthropist Who Got President Biden’s ‘Lifetime Achievement Award’ POLITICS: NIGERIA IS NOW OR NEVER, PROF IMUMOLEN TELLS NIGERIANS AT CAMA 2023, AS HE CLAMOURS SUPPORT FOR TINUBU’S GOVT FOR NIGERIA’S GOOD EXCITEMENT AS LEADING REAL ESTATE FIRM OFFERS CLASS AND DISTINCTION THROUGH ‘ACADA ARCADE’ IN LAGOS BREAKING: LAGOS SCHOOL GETS STRATEGIC SUPPORT FROM ALUMNI ASSOCIATION, RECEIVES MARKER BOARDS, LABS TOOLS, MORE EKITI: FOUNDER OF EKITI PROPER CONGRATULATES EKITI GOV, OTHERS AS TINUBU APPROVES FCM IJERO EKITI EDUCATION- JAF HAILS TINUBU, CONGRATULATES GOV, MONARCH ON FG’S APPROVAL OF FCM IJERO-EKITI EXIT OF AN ICON: HON.JIMOH AJAO GOES HOME AS COMRADE AKINSANYA MOURNS, DESCRIBES HIM AS QUINTESSENTIAL INFRASTRUCTURE: UMAHI READS RIOT ACT TO CONTRACTORS, INSISTS ON CEMENT OVER ASPHALT PHOTO NEWS: AMB. AMINA TEMITOPE AJAYI LEADS DIASPORA ACTION FOR NIGERIA’S DEVELOPMENT LEADERS BENEFIT FROM THE POVERTY OF CITIZENS HERE GERMAN SPEAKS OF NIGERIA WORLD TEACHER’S DAY: DEARTH OF PASSIONATE TEACHER, A DEADLY SIGNPOST- Proprietress NIGERIA @ 63: NIGERIANS ARE IN FAMINE DECLARES CLERIC AS HE CELEBRATES HIS MINISTRY’S 12TH ANNIVERSARY INDEPENDENCE: THIS IS A MOMENT OF SOBER REFLECTION SAYS PROF IMUMOLEN, EVEN AS HE DECLARES THAT THE LABOUR OF OUR HEROES MUST NOT BE IN VAIN EDUCATION: JPTS ALUMNUS WINS PTDF SCHOLARSHIP TO DO PHD IN GERMANY B-R-E-A-K-I-N-G: NATION BUILDING: AMAC AWARDS IMUMOLEN A STREET IN THE FCT
Tuesday, November 28, 2023

NIGERIA’S HOUSING DEFICIT: REAL ESTATE FIRM TO OFFER 5000 AFFORDABLE SMART HOMES

0
525

By Emeagi Emeka Williams

JAFCON Group, a leading real estate development company in Nigeria has finalised plans to inject over 4000 housing units into Nigeria’s deficient shelter sector to close the worrisome vacuum.
This plan was disclosed to Timeswatch by Jafcon boss, Chief Onyebuchi Okafor last week at his Lekki office, shortly after he received a media statesmanship award.

The smart technology based housing project will take off in May, 2022 according to Onyebuchi who also emphasized that his organization will partner with T & T Corporation of South Africa for the actualisation of the low cost scheme strategically conceptualized to renewable energy power for a 24 hours electricity supply.

Chief Onyebuchi stated that the time for the private sector to support govt business to bring about a good life.
“It is impossible for govt to do it alone, especially now that the govt cannot generate money for essential projects.
“Private organisations can partner with govt to drive the economy.
“Dangote Group is presently constructing roads through public/private partnership arrangements, a process that should be imbibed by others”, he stressed.

Calling on the govt to ensure that the proper environment where banks and mortgage institutions will make credit available for real estate investors is created, Onyebuchi averred that a buoyant and vibrant real estate sector is instrumental to augment govt efforts in providing homes in a nation already suffering 20 million housing deficits, a sad reality which means that twenty million families or people lack decent accommodations and live under unhealthy and dangerous conditions.

“Shelter is so vital to humanity and this is why JAFCON is undeterred by the present unpalatability of the realm of real estate in Nigeria.
“Our mission is to provide affordable and quality homes for Nigerians. We at JAFCON believe that what we do is for God and humanity, hence our resolve to sustain continuity and integrity which earns public trust against all odds”, he highlighted. Explaining that his firm will be exploiting Direct Foreign Investments to supply renewable form of energy to organisations and institutions soon at a minimal cost, through a well metered system, Onyebuchi urged investors in the real estate world to remain resolute in pursuing excellence despite the unfriendly Nigerian investment atmosphere which is only transient.

Leave a reply