Skip to main content

Sambo, others to discuss mortgage financing in Nigeria


Vice-President Namadi Sambo

 
Effective implementation of real estate investment and mortgage financing will form the basis of discussion at a conference to be declared open by the Vice President Namadi Sambo in July.


According to a statement by the convener of the conference, Mr. Seun Jegede, the aim is to create awareness and investment opportunities for real estate and mortgage finance companies and organisations in Nigeria and the United Kingdom.

He added that the conference, which is an initiative of Global Homes Magazine, UK, and Housing Circuit Magazine, Nigeria, would also empower investors to gain expert insight into new market trends in the real estate sector in  both countries, and share practical experience regarding global trends in real estate and mortgage financing.

Jegede, who is publisher of Housing Circuit Magazine, Nigeria, added that the conference would also provide the platform for various stakeholders to network and build new business partnerships as well as attract local and foreign direct investment into the housing sector.

He said, “The conference will also provide a niche networking platform for participants who have been carefully selected based on their strategic and leadership positions in their respective areas of business. Organisations will have the unique opportunity of engaging with key players in strategic areas of the economy on a one-to-one fact finding discussion, and explore various investment opportunities that may be mutually beneficial.

“We are liaising with the UK Trade and Investment, Business Council for Africa, Central Association of Nigerians in the UK, NIDO, Nigeria High Commission, UK and other relevant stakeholders in the UK to use their platforms to bring to the conference carefully selected UK investors in various spheres of the economy, who are keen about investing in Nigeria.

By Agency Reporter
Labels:

Comments

Post a Comment

Popular posts from this blog

Ogun plans low cost housing scheme

The Ogun State Housing Corporation has said that it is planning to deliver low and middle income housing estates across the state. In a statement, the corporation said its flagship scheme, Plainfields Estate, was already being developed as a community housing prototype that would provide the citizens an opportunity to buy into its plan over the next few years. According to the statement, the estate will, upon completion, have a variety of apartment units. The statement read in part, “The corporation will deliver houses and serviced plots across the three senatorial districts, but will avoid a blanket approach. “This means that these projects will be tailor-made to suit the needs of the locality and the market. Everyone who has recognisable means of livelihood in the formal and informal sectors is qualified to buy. “However, the corporation is keen to help those who need mortgages and who are first time buyers.  Because our objective is to encourage home owne...
Post a Comment
Read more

Informal sector leads job creation in Nigeria

According to the International Labour Organisation (ILO), Africa’s working-age population is estimated to have reached over 490 million in 2012, representing a quantum leap of 259% since 2000 at an annual compound growth rate of 2.8%. Therefore, employment of the continent’s teeming labour population is key to economic development within the region and indeed, globally. Sub-Saharan Africa’s absorption of its working-age population in employment compares favourably to other regions as contained in the ILO’s 2013 global employment trends report.Subsequently, total estimated number of jobs created in the Nigerian economy for the first quarter of 2013improved by 12% over the previous quarter. This development, in line with the latest job creation report released by the National Bureau of Statistics (NBS), indicate that 174, 326 new jobs were added to the nation’s economy.  Overall, conducting quarterly labour force surveys is a positive trend for Nigeria considering ...
Post a Comment
Read more

Quick fixes for quick profits in real estate

It has been said several times that ‘ideas rule the world’ and this holds true in real estate investing as well. We want to examine a time-tested idea that guarantees quick turnaround time and good returns on investment in most real estate markets. We’ll be examining guidelines for making a good return in rehabilitating and selling properties. First, you need to find a property that is in need of repairs or renovation but is located in a good area. 
Post a Comment
Read more