By Kolawole Olayinka, Abeokuta
The CEO, Aero-field Homes and Properties, Mr Armstrong Akintunde Temitope has commended the governor of Ogun State, Prince Dapo Abiodun for his commitment towards solving the housing problem with the ongoing housing projects at Kemta Idi Aba and Oke Mosan, Abeokuta.
Armstrong revealed that this move by Gov. Abiodun would go a long way to reduce the problem of housing deficits and make life more meaningful for many residents of the state.
He said that with strategic partnerships with both the federal and the state governments, real estate firms could help solve the problem of mass housing for Nigerians.
Armstrong, a fast-rising real estate expert disclosed this in a chat with our correspondent. He explained that one of the major challenges confronting many Nigerians aside unemployment is the problem of shelter.
Armstrong revealed that in the past, the government understood this challenge well and invested hugely in low-cost housing for low-income earners. However, he said the government might have now considered such projects burdensome due to factors such as the rising population, dwindling resources, rise in the cost of building materials among additional challenges of efficient governance.
He suggested that the government can partner with many genuine real estate developers to construct these low-cost housing, while the government provides land among other technical support as the Memorandum of Understanding (MoU) signed might dictate.
Armstrong said, “government already has more than what it could handle, the challenges are piling up every day and that’s why Public-Private Partnership (PPP) is the way to go to take some burden off the government and even do it better.
“The government would only ensure that the housing projects are of standard and given out at reasonable prices. The mode of payment would have also been determined such that mortgage is involved and the payment is done with ease”.
He revealed further that Nigerians earning between N20,000 to N100,000 will really find it pretty difficult except by miracle to own a home of their choice with the ever-increasing cost of living, education, transportation, health and feeding among others.
“Besides, the cost of building materials is increasing daily. The only way this class of people could own homes is by cooperative arrangements, either self-help projects or by governments support in line with what Governor Abiodun is doing now in the form of mortgages or some form of allocations and the costs are deducted from their salaries. Aerofield Homes and Properties would always be willing to partner with the government in this area”.
He revealed that Aerofield Homes remained committed to providing the best and affordable housing needs for Nigerians. Prices on their lands, buildings among others are quite reasonable and pocket-friendly.