As part of efforts aimed at tackling housing deficit, Ekiti State Governor, Biodun Oyebanji recently partnered with WEMABOD Limited, a subsidiary of Odua Investment Company.

Speaking while signing agreement with the management and Board of WEMABOD at the State Liaison Office in GRA Ikeja, Lagos, Oyebanji also identified three key areas of the partnership, namely development of informal sector, real estate investment and housing scheme.

Expressing appreciation with the management of the company for taking steps at addressing various demands made by his administration, he added that he is confident the organisation would change the narratives in terms of Return on Investment (ROI) to the state.

The governor disclosed he was determined to complete ongoing projects and embark on new ones in a bid to build inclusive and sustainable economy, irrespective of class or social status.

Oyebanji said: “We are a government running on continuity of good governance and shared prosperity agenda, so we are looking at platforms and areas where we can collaborate to improve our economy and grow the balance sheet of WEMABOD. I am really satisfied and excited about our discussions.

“One thing that I love about this whole thing is the frankness and the platform it offers for both entities to understand and discuss areas of concerns. I am grateful to the management of WEMABOD and I am excited as I see a clear light at the end of the tunnel.”

Commending the initiative of the governor, WEMABOD Board Chairman, Emmanuel Efuntayo, expressed the firm’s readiness to support government’s initiatives and work out modalities of implementation.

Speaking in the similar vein, Managing Director of the company, Oluyemi Ejidiran, commended Oyebanji’s effort at making life better for the people, adding they were already working tirelessly on bringing the state into the limelight in the real estate sector.

The meeting was also attended by Ekiti State Commissioner for Investment, Trade and Industry, Omotayo Adeola, as well as executive directors of the company.

A subsidiary of the Odua Investment Company, WEMABOD is jointly owned by the six states in the South-West geo political zone.