He is equally the Managing Director and Chief Executive Officer of Richland Property and Homes Limited, a Lagos-based real estate development company.The government can offer tax breaks, subsidies, and other incentives to developers to encourage them to invest in affordable housing projects., he spoke on challenges in the real estate business and urged the government to create an enabling environment by providing basic infrastructures, and rising costs of building materials among others.
I came from a very humble background but it was my choice to improve the quality of life that I met. I couldn’t remain poor, so I made up my mind to work hard, and it was not just working hard but to work Smart building quality relationships with people and improving myself. I know it hurts and how painful it was getting to make ends meet before fortune smiled at me. God helped me to run my business and I was able to make some of the corrections. I worked in a place some time ago and I was given little support from the management.
My company through our diverse networks in the industry, has been able to help Nigerians to discover and obtain affordable properties in fast-developing areas across the country. Additionally, financial institutions should create more accessible mortgage loans and financing options for real estate developers and homebuyers. The government can invest in improving infrastructure such as roads, electricity, and water supply to attract developers to invest in underserved areas.
Don’t forget that you have collected a certain amount of money at a particular interest rate and you need to pay back you have taken the money, so how do you pay it back? Even if you are returning it the next minute it has to be on the agreed interest rate so how do you explain if you take up the price to meet up with the demand? It becomes more difficult for an average Nigerian to access that kind of property.
Young people often wait longer in the labour market queue, especially for their first jobs and lack of experience is a major reason for youth unemployment. Therefore, part-time employment while young people are at school or studying has a positive effect on their employment prospects. Too much empty talk with little actions.
I started running a company, I left other little things I was doing to start selling for other people as a realtor. While I was selling as a realtor, some of my friends were busy buying designers, cars and other items to create an impression. But I was busy investing my little commission towards building my life.