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Adron Homes Tackles Nigeria’s Housing Deficiency, Provides Succour To Tinubu’s Initiative

Published

2 years ago

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As the economy continues to bite harder, Nigeria with an estimated population of over 200 million people and about 30 percent of the entire population still grappling with the need to get quality shelter and affordable houses, there is a burning need for proactive steps to stem the housing deficits if we are serious about making any serious development as a nation.

One key issue affecting housing delivery in Nigeria is that the level of housing shortage has not been adequately presented. This is a result of inadequate and inappropriate statistics and data by the managers of housing in Nigeria. However, there have been attempts to estimate the magnitude of the housing shortage.

The National Housing Policy specified in detail that to achieve the goal of providing 15 million housing units, although President Tinubu has approved the construction of 1000 houses in Sokoto, Kebbi, Katsina, Zamfara, Kaduna, Niger and Benue states as part of a broad plan by the federal government to address the conflict in the North out of 1.2 Million Housing Units needed to be built each year in the whole country, which is the number necessary to compensate for the housing shortage in the country.

Although the exact reasons for the housing shortage vary across the country, the main problem in Nigeria is the low income of residents. The incidence and growth of these problems seem to outpace the capacity of the government to take them on, requiring massive private investments.

Tackling the housing deficit frontally, A reliable private investor, GMD/CEO of Adron Homes and Properties, Aare Adetola EmmanuelKing who is working assiduously to fulfill the mandate of his organization in providing affordable housing for millions of Nigerians.

According to promotional programs announced by Adron Homes, “We are out to slash the prices of all our estates across the country by 50 percent to encourage Nigerians to own their homes regardless of income”.

The discount is in line with the company’s dedication to continuously give customers opportunities to be homeowners through discounts, royalty rewards, and friendly payment plans.

“Customers can enjoy up to 40 percent and 50 percent happy hour discounts on all estates in Ikorodu, Epe, Ede, Ibadan, kajola, Atan-Ota, Ibeju Lekki, Badagry, Ijebu Ode, Shimawa, Abeokuta, Osun, Abuja, and Nasarawa.

It is no doubt that Adron is the foremost and widely spread real estate company in Nigeria and that’s why they are constantly rolling out different offers to allow every Nigerian to own a house with ease without breaking their income expenditure budget.

Customers can also pay as low as N25,000 initial deposit and enjoy up to 36 months payment plan on all properties. This means you could make payment at your pace and within your budget because at Adron Homes, for every budget; there is a piece of land for you in all their estates.

Adron encourages Nigerians to begin their journey to becoming property owner and smile at what their income will fetch them in their our estates.

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BIG STORY

BREAKING: Nigeria’s Inflation Rate Drops To 23.18%

Published

5 hours ago

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March 17, 2025

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The National Bureau of Statistics (NBS) has reported a decrease in Nigeria’s inflation rate, which fell to 23.18% in February from 24.48% in January.

The announcement was made in the February 2025 Consumer Price Index (CPI) released by the NBS on Monday.

According to the bureau, the headline inflation rate in February increased slightly by “1.30% points when compared to the January 2025 headline inflation rate.”

The NBS stated:

“In February 2025, the Headline inflation rate eased to 23.18% relative to the January 2025 headline inflation rate of 24.48%.”

“Looking at the movement, the February 2025 Headline inflation rate showed a decrease of 1.30% compared to the January 2025 Headline inflation rate.”

On a year-on-year basis, the headline inflation rate was 8.52% lower than the 31.70% recorded in February 2024.

The NBS further noted:

“This shows that the Headline inflation rate (year-on-year basis) decreased in February 2025 compared to the same month in the preceding year (i.e., February 2024), though with a different base year, November 2009 = 100.”

Additionally, the month-on-month inflation rate for February 2025 was recorded at 2.04%.

 

More to come…

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BIG STORY

Rivers Assembly Accuses Fubara, Deputy Of Misconduct, Issues Notice

Published

9 hours ago

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March 17, 2025

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The Rivers State House of Assembly has issued a notice accusing Governor Siminalayi Fubara and his deputy, Ngozi Odu, of alleged misconduct.

A total of twenty-six members of the assembly made these allegations against Fubara in a notice submitted to Speaker Martin Amaewhule on Monday.

According to the lawmakers, their actions are based on “Section 188 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and other existing laws.”

They accused Fubara of various offenses, including unconstitutional and reckless spending of public funds, hindering the Assembly’s activities, and appointing individuals to government positions without undergoing the required screening and confirmation.

Additional allegations include withholding salaries, allowances, and funds designated for the Rivers State House of Assembly, as well as blocking the salary of Clerk Emeka Amadi.

The lawmakers also accused Deputy Governor Ngozi Odu of “conniving and supporting the illegal appointment of persons to government positions without the required screening and confirmation.”

After receiving the notice, Amaewhule forwarded it to Fubara, stating that the allegations had been brought forward by “not less than one-third (1/3) of the membership of the Rivers State House of Assembly.”

He then urged the governor to respond to the allegations, citing Section 188(3) of the Constitution, which states, “Within 14 days of the presentation of the notice to the Speaker of the House of Assembly (whether or not any statement made by the holder of the office in reply to the allegation contained in the notice), the House of Assembly shall resolve by motion, without any debate, whether or not the allegation shall be investigated.”

Amaewhule further advised the governor to take appropriate action and extended his “esteemed regards.”

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BIG STORY

BREAKING: Lagos Court Orders Oba Otudeko To Appear For ‘N30bn Fraud’ Trial

Published

11 hours ago

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March 17, 2025

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The Federal High Court in Lagos has instructed Oba Otudeko to appear before the court and enter a plea in response to the charges filed by the Economic and Financial Crimes Commission (EFCC).

The directive was issued on Monday by Justice Chukwujekwu Aneke.

The EFCC had previously filed a 13-count charge against Otudeko and three others over an alleged N30 billion loan fraud.

During the proceedings, the judge ruled that Otudeko must take his plea before the court could address an application contesting its jurisdiction in the matter.

The case has been adjourned to May 8.

 

More to come…

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