• Monday, June 24, 2024
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Expectations high as new REDAN leadership comes with mass housing agenda

Expectations high as new REDAN leadership comes with mass housing agenda

Expectations are high among housing sector stakeholders as the Real Estate Developers Association of Nigeria (REDAN) prepares for the investiture of a new president whose main agenda is mass housing.

Akintoye Adeoye, the new president of the association, says he will institutionalize the association by sponsoring a bill to back its existence and for implementing self-regulation to promote discipline and professionalism, thereby continuing its role in advancing mass housing Nigerians.

Established as the foremost agency and overall body representing the organized real estate sector, both public and private, REDAN has been actively engaged in constructive advocacy efforts aimed at advancing mass housing initiatives for Nigerians.

Through dialogue and collaboration with the government, REDAN addresses critical issues surrounding shelter in the country, advocating for policies that promote accessibility to housing for all citizens.

The association has been recognised by the federal government since 2002, with it relevance stated in Section 2.6.2.6 of the 2012 National Housing Policy, where it is recognized and extensively referenced.

Beyond advocacy, REDAN is also deeply committed to safeguarding the interests of its members by providing comprehensive support, including legal assistance, capacity building, networking opportunities, and other measures to uphold industry integrity and protect consumer interests.

Building on this vision and mandate, Adeoye has since his election, been pursuing collaboration with government officials and agencies, including the minister of housing and urban development, Ahmed Dangiwa, Federal Mortgage Bank of Nigeria (FMBN) and the Family Homes Funds (FHF).

He has also been extending hands of fellowship to key stakeholders, including civil society organizations such as the Housing Development Advocacy Network (HDAN) within the housing and construction sector, all with the aim of advancing the provision of mass housing.

The president’s investiture, already slated for Thursday May 23 at the Federal Palace Hotel in Lagos will be chaired by Dangiwa with Governor Babajide Sanwo-Olu as the chief host. The Special Guest will be Governor Lucky Aiyedatiwa of Ondo State. Keynote speeches will be delivered by Agama Emomotimi, DG of the Securities and Exchange Commission, and Fabian Ajogwu, Founding Partner at Kenna Partners.

Expected at the event are Oba Adeyeye Ogunwusi, the Ooni of Ife, who doubles as the association’s grand patron; and Aminu Balele, chairman of House of Representatives Committee on Housing and Habitat, plus other distinguished invitees.