Table of Contents
Table of Contents
- Oyo State Recognizes Afia Group Construction for Pioneering Real Estate Innovations
- Highlights from the Oyo State Real Estate Conference 2025
- Government Endorsement of Afia Group’s Impact
- Encouraging Continued Leadership and Collaboration
- Addressing Sector Challenges and Regulatory Measures
- Legislative Support and Industry Engagement
- Notable Attendees and Forward-Looking Discussions
- Looking Ahead: Sustainable Growth in Oyo’s Property Sector
Oyo State Recognizes Afia Group Construction for Pioneering Real Estate Innovations
On Wednesday, the Oyo State Ministry of Lands, Housing, and Urban Development formally acknowledged Afia Group Construction for its outstanding contributions and cutting-edge advancements within the state’s real estate industry.
Highlights from the Oyo State Real Estate Conference 2025
The accolade was presented during the prestigious Oyo State Real Estate Conference 2025, hosted at the Jogor Event Centre, located near Obafemi Awolowo (Liberty) Stadium Way in Ibadan. This event gathered prominent figures from the property sector to discuss the future of urban development in the region.
Government Endorsement of Afia Group’s Impact
Honourable Akin Funmilayo, Commissioner for Lands, Housing, and Urban Development, represented by the Ministry’s Permanent Secretary, Mr. Abdulahi Audu, praised Afia Group as a trailblazer in the real estate market. He underscored the company’s role in transforming the housing landscape through innovative projects and strategic partnerships.
One of the standout projects mentioned was the development of Alhaji Lateef Oyelade GRA along Ring Road, a landmark achievement realized through a successful Public-Private Partnership (PPP) between Afia Group and the Oyo State government.
Encouraging Continued Leadership and Collaboration
The Commissioner urged Afia Group to maintain its leadership position by continuing to deliver impactful housing solutions and exemplary estate management. He emphasized the critical role of synergy between government bodies and private sector investors in expanding access to affordable and quality housing across Oyo State.
Aligning with Governor Seyi Makinde’s transformative agenda, these collaborations have already begun to yield tangible benefits, helping to narrow the housing deficit in the state.
Addressing Sector Challenges and Regulatory Measures
Hon. Funmilayo also highlighted ongoing efforts to tackle challenges such as non-compliance and the activities of unregistered developers, which threaten the sector’s integrity. To safeguard the industry, the government is considering implementing mandatory registration for all real estate developers and agents operating within Oyo State.
Legislative Support and Industry Engagement
In his address, Hon. Adebo Ogundoyin, Speaker of the Oyo State House of Assembly, lauded Engr. Abduljelyl Adekunle Karheem-widely known as Mogaji Adanla, CEO of Afia Group-for his unwavering commitment to advancing real estate development in the state. Ogundoyin referred to him as a close brother and a key driver of progress in the sector.
The conference was a collaborative initiative between the Oyo State Government and the Real Estate Developers Association of Nigeria (REDAN), Oyo State Chapter. It was hosted by Hon. Akinsete Olakunle, Special Adviser to the Governor on Housing and Urban Development, and attracted a diverse group of stakeholders, including government officials, industry leaders, and distinguished guests.
Notable Attendees and Forward-Looking Discussions
Among the prominent participants were Engr. Abduljelyl Adekunle Karheem, MCIArb, MCIOB, MSAVE, CEO of Afia Group; Mogaji Adanla, Turaki Adinni of Oyo State; Wakil Faido Tijaniya, representing Yorubaland, Edo, and Delta states; Speaker Adebo Ogundoyin; and Commissioner Akin Funmilayo.
The conference served as a platform to explore innovative strategies, promote sustainable urban growth, and accelerate the development of Oyo State’s real estate sector. Experts and policymakers engaged in robust discussions aimed at fostering a resilient and inclusive property market.
Looking Ahead: Sustainable Growth in Oyo’s Property Sector
With the real estate market in Nigeria projected to grow by over 7% annually in the next five years, Oyo State’s proactive approach to public-private collaboration and regulatory oversight positions it as a model for other regions. Afia Group Construction’s recognized leadership exemplifies the potential for private enterprises to drive meaningful change in housing accessibility and urban development.
