By Steve Agbota
Shadop International Properties Limited, a subsidiary of Eliel Group of Companies, has commenced building dream homes for Nigerians in the Diaspora, after many of them were defrauded by friends and relatives in the course of trying to build houses on their behalf.
Group Managing Director/Chief Executive Officer, Eliel Group of Companies, Mrs. Damilola Adefemi, who disclosed this recently said there is need for Nigerians overseas to invest at home by acquiring and developing landed property, adding that the Federal Government must initiate schemes that will provide shelter for the citizens considering the country’s growing population.
She added: “Since we realised the importance of investing at home from any part of the world, especially acquisition of landed properties and development, Shadop International Properties has helped many Nigerians risiding overseas to think home and their families, with Nigeria benefiting from such investment. We also help clients determine fair values for property to be sold or purchased to ensure proper values for money spent.”
Speaking on the economic value of the company’s service in Nigeria, she said the company was adding substantial economic value to Nigeria in terms of shelter by successfully building houses in various parts of the country for all Nigerians in the Diaspora, who at one point or the other had been frustrated and defrauded by friends and relatives in the course of trying to build houses on their behalf.
She said these funds are coming from overseas into the Nigerian real estate sector of the economy and providing employment for Nigerians and generating sales to improve the country’s GDP.
“Our company, which operates in Nigeria, Ghana, Dubai and US provides services and consultation ranging from planning, design, approvals, construction, renovation, sales, letting and property facility management. Its years of integrity and trust in providing building services has attracted Nigerians in Diaspora to invest in the country and many Nigerians living offshore are now owning properties at home while in the US, Canada, France, UK, through Shadop International Properties Limited.
“Because we deliver first class quality services and we don’t compromise our integrity because we want to remain on top of real estate market and competition in Nigeria and beyond, we work in collaboration with other global property companies like Damac Properties in Dubai and Christie’s International. We also work in tandem with our affiliated companies like Eliel Jerahmeal Nigeria Limited, which handles our construction works and provides elevators and escalators to achieve desired results and that empowers us to deliver when due with same standard as obtained in other countries we operate.”
Nigeria needs $15bn for infrastructural devt
…As KITF kicks off soon
By Charles Nwaoguji
The President of Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA), Dr. Muheeba Dankaka, has said Nigeria needs well over $12 – $15 billion to finance infrastructural development in the country annually.
Dankaka, who disclosed this at the media briefing on the forthcoming Kaduna International Trade Fair (KITF), held recently in Lagos, said the amount was too huge for the Federal Government to handle alone, hence it needs support of the private sector.
“It has become evident that the government alone cannot muster the resources (finance and expertise) to meet this need, hence the involvement of the private sector is not just desirous but necessary. It is no wonder, therefore, that majority of infrastructure projects currently underway at both state and federal levels are powered by Public Private Partnership (PPP),” she said.
She observed that this year’s fair with the theme, “Promoting Public Private Partnership as Panacea for Accelerated Growth and Development,” was chosen to reckon with current realities on ground.
She stated that the chamber intends to appreciate and compliment government efforts towards restructuring the Nigerian economy which has been facing a number of challenges due to dwindling resources.
“It is our belief that promoting PPP will go a long in reducing the addiction to oil and gas by the Federal Government as the major source of revenue for developmental programme in Nigeria,” she added.
Also speaking at the event, the 2nd Deputy President/Chairman of KITF Main Organising Committee, Alhaji Suleiman Aliyu, said the fair was expecting 300,000 – 500,000 both local and international participants from Pakistan, United States of America, Egypt, South Korea, India, China, among others.
Aliyu noted that the Chamber was in close contact with all relevant Ministries, Departments and Agencies (MDAs) at the federal and state levels.
On area of security, he said adequate security has been provided to take care of the 10-day programme running from February 24 to March 6, 2017.
He called on investors to take advantage of the fair and exhibit their products and services.