Media

Nigerian Police Force Partners with EchoStone

SOURCE: LAGOS, NIGERIA

nigeria police force officer photo In a deal that seeks to reduce the housing deficit in Nigeria, EchoStone Development Nigeria and the Nigerian Police Force signed a joint development agreement to build 100,000 homes, worth nearly 750 billion Naira. This agreement is designed to boost the economy as well as bring comfort and motivation to the nation’s officers, who ensure the ongoing safety of the Nigeria’s citizens.

The agreement consists of three key partners, EchoStone Development Nigeria, who will develop the residential communities, the Nigerian Police Property Development Company, who will provide land free and clear for development Continue reading
November 21, 2019 Nigeria

EchoStone’s Construction Honored at AIHS 2019

SOURCE: AFRICAN HOUSING NEWSConstruction Award Received by EchoStone Co-Founder Photo

The Nigeria Housing Awards and Dinner took place on Friday 26th July 2019 at the International Conference Center Abuja with all leading stakeholders, CEOs and companies in the housing and construction sector present to celebrate each other’s successes in the past year.

The colourful event which marked the end of the 13th Abuja International Housing Show had a lot of special moments including when the award for Best Innovation in Building Construction Award was presented to EchoStone International — a company which adopts High Quality, Rapidly Scalable and Sustainable Construction Concepts. Continue reading
November 2, 2019 International

Police Plan N750b Homes for Officers, Others Nationwide

SOURCE: THE GUARDIAN 

An ambitious housing scheme has been launched by the Nigeria Police Force to ameliorate the housing challenges facing its rank and file across the country. The police, presently lack descent accommodation for its officers and men, as is visibly evident in the condition of most Police barracks.The more worrisome is that most policemen in Nigeria work and retire without having a home to spend the rest of their life.

Against this backdrop, the force signed a joint development agreement Continue reading
October 28, 2019 Nigeria

Affordable Houses: Stakeholders Advocate Good Governance

nish affordable housingSOURCE: VANGUARD 

Mr. Yemi Adelakun, Managing Director, Nigeria Integrated Social Housing (NISH) Affordable Housing Ltd has advocated good governance and a robust savings scheme to enable the country to deliver a proper cooperative housing scheme.

Adelakun made the call in Abuja on Monday at a stakeholders’ quarterly workshop on cooperative housing in Nigeria with the theme, “’Aggregating Off-takers’ Savings for Affordable Housing in Nigeria’’. Continue reading
September 16, 2019 International

Has Nigeria’s Federal Government Unlocked the Secret to Affordable Housing?

SOURCE: LAGOS, NIGERIA, (ECHOSTONE DEVELOPMENT NIGERIA LTD) 

Officials tasked with the development of affordable housing made news this weekend, as Nigeria’s Minister of State, Works and Housing disclosed the Federal Government’s (FG) plan to build 4 million houses by 2033. With a national housing deficit estimated between 17 to 20 million and growing by 900,000 units annually, this left many questioning how the new commitment will be fulfilled. The secret could be public-private partnerships. Along with their increased commitment to developing homes, the FG has made significant advancements in three critical areas essential to securing affordable housing – land acquisition, affordable financing, and optimized technology. Continue reading
August 29, 2019 Nigeria