Home Breaking NewsPace Setters’ Contractors Raise ₦500 Million, Break Ground for Permanent Hub

Pace Setters’ Contractors Raise ₦500 Million, Break Ground for Permanent Hub

by Ayodeji Onibalusi
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Pace Setters’ Contractors Raise ₦500 Million, Break Ground for Permanent Hub

Pace Setters' Contractors Raise ₦500 Million, Break Ground for Permanent Hub

 

Milestone Achieved: Pace Setters’ Contractors Mark 5 Years with ₦500 Million Fundraising and New Headquarters

The Association of Pace Setters’ Contractors (APSC) recently commemorated its fifth anniversary with a grand event that brought together contractors, industry leaders, investors, and government officials. This celebration not only marked half a decade of unwavering commitment to quality and ethical construction practices but also unveiled two significant accomplishments: the successful mobilization of ₦500 million for developmental initiatives and the commencement of construction on their permanent headquarters.

From Humble Beginnings to a Statewide Influence

What started as a modest group of dedicated contractors has evolved into a formidable organization representing all 33 Local Government Areas of Oyo State. Over the years, APSC has expanded its reach and influence, becoming a pivotal force in the construction sector, fostering collaboration, and advocating for industry standards.

Visionary Leadership and Collective Progress

During the anniversary event, APSC President Mr. Oloyede highlighted the significance of this day as a transformative moment. He emphasized that the ₦500 million fund symbolizes more than financial resources-it embodies the trust, unity, and shared aspirations of the association’s members. The groundbreaking of the new meeting complex marks the beginning of a legacy that will support future generations of contractors and artisans.

Introducing the Pace Setters Meeting Complex

Strategically situated in the City Centre, the upcoming Pace Setters Meeting Complex will serve as the heart of the association’s operations. Designed to be a multifunctional facility, it will house administrative offices, training centers, conference halls, and a resource library. This hub aims to nurture young talent through workshops and provide a collaborative environment for innovation and professional growth.

Building a Foundation for Future Growth

Mr. Olusegun Oguntade, chairman of the building committee, expressed heartfelt appreciation to all contributors and underscored the project’s role as a symbol of stability and foresight. He remarked, “This center will stand as a beacon of what can be accomplished when individuals unite with a common goal. It will foster continuous professional development and drive innovation within our industry.”

Government Endorsement and Sectoral Impact

Officials from the government lauded APSC’s contributions to local employment and infrastructure enhancement. They pledged ongoing support to strengthen professionalism and elevate standards within the construction industry. The association also took the opportunity to appeal to His Excellency, Eng. Seyi Makinde, requesting a review of the current minimum job execution rates to better align with the rising inflationary pressures affecting the sector.

Celebrating Excellence and Cultural Heritage

The anniversary festivities included awards honoring exemplary members and distinguished guests, alongside vibrant cultural performances that showcased the rich traditions of the region, reinforcing the association’s deep community roots.

Looking Ahead: Commitment to Excellence and Development

As APSC embarks on its next chapter, members reaffirm their pledge to elevate industry benchmarks, mentor emerging professionals, and actively participate in the ongoing infrastructural transformation of Oyo State. Their dedication promises to sustain the momentum of growth and innovation for years to come.

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