SOURCE:
PM NEWS
Lagos State Government Officials and EchoStone Director in Peridot House
Managing Director, Echostone Development Nigeria, Mr Sammy Adigun has described Badagry where Lagos State government is building its
first green and eco-friendly estate as the future of the state, adding that the Echostone took advantage of the history of the town and available infrastructure to come up with the novel project.
Adigun stated this on Thursday during a site inspection of the
Peridot Parkland Estate by Commissioner for Housing, Moruf Akinderu-Fatai before the close of the first quarter of this year. on Thursday in Badagry.
Adigun further urged people to buy houses in the estate now and pay later, as the value of the houses would double in the next five years.
Badagry is the future of Lagos. When you talk of Lekki 30 years ago, that is what Badagry is today, it is even 10 years away from blooming. The road passed you passed from the airport to this place is 68 kilometres, while from the airport to Ajah is about 80 kilometres, so it is actually closer to come. When the expressway is completed the travel time from the airport will drastically reduce.”
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Real estate development firm, EchoStone Nigeria, says it plans to build 500,000 houses over the next 10 years using innovative technology as part of its contribution to reduce the country’s housing deficit.
The Director, EchoStone Nigeria, Mr Sammy Adigun, said with the company’s technology in building construction, it had the capacity to construct four units of houses in 14 days using one aerocrete machine.
He made this known during the visit of the Ambassador of Sweden to Nigeria, Carl Grans and Deputy Head of Mission, Sweden Embassy, Fanny Nylander, to EchoStone Nigeria’s facility which houses the prototype of a two-bedroom apartment constructed by the company.
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As the housing deficit in Nigeria continues to grow, while affordability to home ownership, also, remains a serious challenge, countries across the world have seen reasons why they should partner with 
As the Federal Government of Nigeria and most of the states including the Federal Capital Territory (FCT) Abuja,