Housing deficit: We’ve gifted plots of land to civil servants – Firm

MyAbujaHome Limited, a real estate firm, says it has given free plots of land to civil servants and others who have worked tirelessly in service but still unable to afford a home.

Mr Adebola Mogaji, the Chief Executive Office, MyAbujaHome, spoke with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

Mogaji, who is also a former business lecturer at both the University of East London and the University of Essex, UK, said gesture was to help people get on the property ladder.

He said no fewer than 1000 civil servants, among others have benefited the MyAbujaHome’s offer mostly in Gwagwalada, FCT.

“The vision is to actually do something more with my life and experience instead of just passing the knowledge to the next generation; it has been my inspiration for the ‘move home’ gesture.

“I was especially concerned about civil servants who have worked for years and who have not been able to own a home, or a piece of land in Abuja.

“Each land owner is however to take care of the legal documentation and administration fees related to the plot, which  is less than 15 per cent of the value of the plot of land.’’

Mogaji said that after living 20 years in the UK, he returned to impact lives in Nigeria.

He said he gathered a wealth of experience as a former consultant and business analyst to several companies in multiple business sectors.

“I started MyAbujaHome Limited in Abuja, initially as a marketing company, but has since grown into construction, investment, advisory; and now, bidding for awards to build for the Government of Nigeria, with current invitations from the countries of Niger and Gabon.

“Instead of just passing the knowledge to the next generation, I wanted to make an impact on the lives of people; it spurred me into birthing a little company a few years ago; and between December, 2024 until date, we have really made a lot of impacts.

“We started off selling the ‘big properties’ and estates for other real estate owners; I mean the multi-billion naira ones, but changed direction to affordable housing, where there is a massive deficit .

“This allowed us to acquire lots of affordable landed property outside the main city of Abuja and increased our network to the point where we met and engaged the Minister of Housing and Urban Development.”

The realtor said his firm also engaged with the chief executive officers of Federal Housing Authority and Federal Mortgage Bank of Nigeria as well as many other policy makers.

“As a matter of fact, we are looking forward to collaborative projects this year running into several billions of naira to alleviate the affordable housing challenges,’’ Mogaji said.

He said though the exchange rate was affecting the value of naira and making it look as if there was no progress, Nigeria remained a good place to invest.