Table of Contents
Table of Contents
- Promoting Sustainable and High-Quality Housing in Nigeria’s Real Estate Landscape
- Embracing Long-Term Housing Value Over Immediate Profits
- Enhancing Collaboration Between Public and Private Sectors for Housing Progress
- Expert Perspectives on Urban Growth and Housing Solutions
- Celebrating Leadership: Prince Adeoye’s Role in Advancing Eco-Friendly Housing
- Future Outlook: Strengthening Partnerships and Policy Enforcement
Promoting Sustainable and High-Quality Housing in Nigeria’s Real Estate Landscape
At the forefront of Nigeria’s real estate discourse, Prince Adelaja Adeoye, CEO of Fendini Group, has urged stakeholders-including policymakers and property developers-to prioritize sustainability and superior construction standards in housing projects nationwide. His compelling message was delivered at the recent Scale Up Conference held at Ibadan Business School, an event orchestrated by Geobrooks Consortium under the leadership of Ambassador Sanni Babatunde, a key player in real estate consultancy.
Embracing Long-Term Housing Value Over Immediate Profits
During his keynote address, Prince Adeoye emphasized the urgent need to shift from the common practice of chasing short-term financial gains to adopting a mindset focused on enduring value and environmental stewardship in housing developments.
“Developers must integrate sustainability and quality as foundational pillars of every project,” he emphasized. “Our constructions should not only withstand the test of time but also champion eco-conscious methods and affordability, thereby benefiting communities for decades ahead.”
Enhancing Collaboration Between Public and Private Sectors for Housing Progress
Adeoye highlighted the indispensable role of robust partnerships between government entities and private developers in effectively addressing Nigeria’s housing shortage.
“Close cooperation with governmental agencies ensures adherence to regulations, seamless infrastructure development, and the creation of policies that prioritize societal welfare over short-lived profits,” he noted.
Expert Perspectives on Urban Growth and Housing Solutions
The conference gathered a broad spectrum of professionals, including urban planners, government officials, and real estate developers, to explore scalable strategies for urban expansion in Oyo State amid accelerating population increases.
- Mrs. M.O. Adebiyi, Executive Director of Oyo State New Towns and Cities, introduced forward-thinking urban planning models designed to accommodate the state’s burgeoning urban populace.
- Hon. Olakunle Akinshete, Special Adviser on Housing and Urban Development to Governor Seyi Makinde, detailed government-led programs aimed at narrowing the housing gap.
- Mr. Olawumi Falodun, Publicity Secretary of REDAN’s Oyo State Chapter, provided an analysis of current industry benchmarks and the obstacles developers encounter.
- Mr. Medupine Abiodun, Managing Director of Dupine Properties, shared expertise on innovative financing solutions that enable scalable and sustainable housing initiatives.
Celebrating Leadership: Prince Adeoye’s Role in Advancing Eco-Friendly Housing
A standout moment of the event was the conferral of a prestigious award to Prince Adeoye, recognizing his impactful contributions to sustainable housing development in Oyo State. His stewardship of Rayfield Gardens City Estate-a trailblazing eco-friendly residential project featuring expansive green areas and resident-centric amenities-was highlighted as a benchmark for sustainable urban living in Ibadan.
Ambassador Sanni Babatunde praised Adeoye’s visionary leadership, stating, “His innovative strategies demonstrate how private sector initiatives can drive public good. This accolade honors his commitment and inspires the entire industry.”
Future Outlook: Strengthening Partnerships and Policy Enforcement
The conference wrapped up with engaging panel discussions and networking sessions, fostering a positive outlook for ongoing collaboration to tackle housing challenges in Oyo State. Organizers revealed plans for follow-up events to monitor the implementation of policies inspired by the conference’s insights.
With Nigeria’s urban population expected to surge by more than 50% over the next ten years, such coordinated efforts are vital to ensuring housing development aligns with demand while upholding environmental sustainability and social equity.