EchoStone Awarded Real Estate Organization of the Year
SOURCE: LAGOS, NIGERIA
Affordable housing developer, EchoStone Development Nigeria LTD
, was named “Real Estate & Property Organization of the Year” at the 6th annual Nigeria Entrepreneurs Award, held at the Oriental Hotel in Lagos.
The highly sought-after award honours individuals and organizations that have shown outstanding entrepreneurial and corporate behaviour by delivering immense value to its customers, shareholders and whose impact has benefited the society in the course of the year.
Winners from various sectors included: Zenith Bank, MTN Communications, Stanbic IBTC Pension Managers, Gov. Okezie Ikpeazu, Dantata Town Developers, and Dana Air.
The theme for this year’s event is: Building a Prosperous Nation; MSME as an Economic Force. Nigeria Entrepreneurs Award’ Executive Director, Joshua Uwabor, noted this award celebrates, “significant contributions to economic growth, making the economy more attractive to international and local investors.” The theme for this year’s event is: Building a Prosperous Nation; MSME as an Economic Force.
As a developer of affordable housing, EchoStone provides sustainable and eco-friendly
solutions to help bridge the housing deficit – estimated at 17 to 22 million homes in Nigeria. Leveraging the EchoStone Housing System, developed by their American partner EchoStone Opco LLC, their organization has been able to build high-quality homes in as little as 14 days. This innovation and speed represent a massive opportunity for large-scale development of affordable housing in the region. Most notably, this year, EchoStone signed an agreement with the Nigerian Police Force to provide 100,000 homes for police officers across the country.
EchoStone Board Member, Sammy Adigun, says “The Nigerian Police Force
is the single largest employer in the Nigerian economy and this project when achieved would be a major boost to the economy, the welfare of our police officers has a very high social impact.” In the spirit of these awards, EchoStone represents the full scope of social impact and economic development throughout Nigeria.