Wemabod, a major real estate developer, has agreed to deliver 155 housing units in Ado Ekiti, Ekiti State, under a memorandum of understanding with Connect Homes Limited.
The agreement was inked in Lagos in front of a crowd of both firms’ stakeholders.
The chairman of Wemabod, Owodunni Opayemi, stated at the signing ceremony that the agreement was a symbolic milestone that will change the future of housing in Ekiti State.
Wemabod was devoted to providing quality homes to Nigerians, according to Opayemi, who described Connect Homes as the ideal fit for the job due to its experience in the construction business.
“The choice of Connect Homes as the delivery partner is quite strategic given its experience and professionalism in the built sector and expressed confidence in their ability to deliver quality houses in Ekiti. Connect Homes is a home-grown development company that has driven the Ekiti Homes Agenda of the Governor Kayode Fayemi administration in Ekiti State. We believe under the Wemabod ethos, they will deliver quality homes in record time”.
The managing director, Wemabod Limited, Yemi Ejidiran stated that the MoU was the first of many that Wemabod will be initiating with developers as part of its bid to increase Wemabod’s presence across the South West region starting from Ekiti. ‘The decision to deliver housing units in Ekiti State was borne out of the desire to contribute our part to reducing the housing deficit in the South West noting that currently there is an increased demand for new housing in the state”.
Also speaking, Connect Homes’ CEO, Ope Akeju, stated that the signing of the MoU was a watershed moment in the housing industry, and that the firm was excited to partner with Wemabod in providing housing options to the people of Ekiti State.
Wemabod Estate Ado Ekiti, which is located on Iworoko Road, will have full security with CCTV and patrols, 24-hour power supply, community areas with leisure, and more when it is completed.