Lagos Boosts Housing Delivery with 252 Homes

SOURCE: THE GUARDIANState of Lagos Housing Inspection Photo

Efforts at reducing housing shortage in Lagos have received a boost with the construction of 252 housing units at Idale in Badagry local council. Commissioner for Housing, Lagos State, Moruf Akinderu Fatai, who gave the cheering news, said the structure is the first Joint Venture (JV with EchoStone Nigeria geared towards driving mass housing delivery in the state. Akinderu Fatai, who spoke during an inspection of the site, expressed gratitude with the new development, stressing that it is a cheaper way of building houses. He stated that the state government is thinking of employing the technology used for the Idale projects to two or three floors because it is cheaper, quicker and clean. Continue reading
December 30, 2019 Nigeria

EchoStone Awarded Real Estate Organization of the Year

SOURCE: LAGOS, NIGERIAEchoStone Receives Real Estate Developer of the Year Photo

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. Continue reading
December 13, 2019 Nigeria

Nigerian Police Force Partners with EchoStone


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


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