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    Founder of All Christians Fellowship Mission, Rev. William Okoye, Dies

    Founder of All Christians Fellowship Mission, Rev. William Okoye, Dies

    Senate Approves FRSC Bill Proposing ₦50,000 Fine for Hawking, Preaching in Commercial Buses

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    Founder of All Christians Fellowship Mission, Rev. William Okoye, Dies

    Founder of All Christians Fellowship Mission, Rev. William Okoye, Dies

    Senate Approves FRSC Bill Proposing ₦50,000 Fine for Hawking, Preaching in Commercial Buses

    Senate Approves FRSC Bill Proposing ₦50,000 Fine for Hawking, Preaching in Commercial Buses

    FG, UNDP Launch Initiative to Strengthen Nigeria’s Credit Rating, Reduce Borrowing Costs

    FG, UNDP Launch Initiative to Strengthen Nigeria’s Credit Rating, Reduce Borrowing Costs

    Army Arrests 24 Foreign Nationals in Raid on Suspected Hideout in Lagos

    Army Arrests 24 Foreign Nationals in Raid on Suspected Hideout in Lagos

    The Rise and Rise of Kadri Obafemi Hamzat: The Quiet Reformer Shaping Lagos' Future

    The Rise and Rise of Kadri Obafemi Hamzat: The Quiet Reformer Shaping Lagos’ Future

    Davido Reveals Why Wife Chioma Is in Charge of His Finances

    Davido Reveals Why Wife Chioma Is in Charge of His Finances

    Court Orders Final Forfeiture of N4.6bn Jewellery, Luxury Cars Linked to Aisha Achimugu

    Court Orders Final Forfeiture of N4.6bn Jewellery, Luxury Cars Linked to Aisha Achimugu

    Terrorists Kidnap Businessman, Islamic Cleric in Kwara, Demand ₦65 Million Ransom

    Terrorists Kidnap Businessman, Islamic Cleric in Kwara, Demand ₦65 Million Ransom

    Bella Shmurda Cries Out After Alleged $4 Million Real Estate Scam

    Bella Shmurda Gets Duped After Paying $4Million for Fake Property

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Real Estate Sector Has Boost Nigeria Economic Growth -Michael Adeyemi

Madukwe Nwabuisi by Madukwe Nwabuisi
September 6, 2023
in Brand & Business Bite, News Bite
Reading Time: 2 mins read
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A real estate guru, Michael Adeyemi, has noted that the rapid growth in urbanisation and population in Nigeria, has ensured that the real estate sector will keep experiencing a major growth in Nigeria’s economy.

He added that the current housing problem in major cities of Nigeria cannot be left in the hands of government alone to solve.

While granting interview to news men, Adeyemi the CEO of Realtormax posited that Government alone cannot address the housing deficit in the country.

He posited that due to SDG 11, there is a need for the private sector and government to collaborate in creating and developing sustainable cities accross major parts of the country to curb housing deficit.

Adeyemi called on individuals and investors to key into real estate sector, saying that everyone has a role to play.

According to him, the population of Nigeria is massive for the federal or state government alone to handle in terms of providing affordable homes for everybody.

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He said that the private sector needs to come in to bridge the gap between government and the people in a bid to creating sustainable cities and affordable homes.

Continuing, the Chief Executive Officer of Realtormax Nigeria Limited, said that everybody should be entitled to own a house as a citizen of the country.

He noted that low income earners and high income earners should be given an opportunity to buy a landed property and build on them.

Stressing that a system where people can be paying in bit at their own convenience should be introduced in order for everyone to be accommodated.

Similarly, Adeyemi added that the real estate sector has the capacity to reduced unemployment in the country, adding that from, engineering graduates having access to job opportunities, to sales executive, accounting and finance, quantity surveyors , town planners , architects etc the job opportunities and openings in this sector are endless to name a few.

The Realtormax boss, added that his organisation are doing massive recruitment to engage about 10,000 Nigerians in the real estate sector currently, saying they are set to create employment opportunities for those who are willing to be gainfully engaged and as such reduce unemployment.

He also emphasized that what the real estate sector brings to the economy is enormous hence, it has become a sector to be given crucial attention and investment.

Madukwe B. Nwabuisi
Madukwe Nwabuisi

Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.

Tags: EstateMichael Adeyemi

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  • Founder of All Christians Fellowship Mission, Rev. William Okoye, Dies
  • Senate Approves FRSC Bill Proposing ₦50,000 Fine for Hawking, Preaching in Commercial Buses
  • FG, UNDP Launch Initiative to Strengthen Nigeria’s Credit Rating, Reduce Borrowing Costs
  • Army Arrests 24 Foreign Nationals in Raid on Suspected Hideout in Lagos
  • The Rise and Rise of Kadri Obafemi Hamzat: The Quiet Reformer Shaping Lagos’ Future

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