Housing crisis: How Akinkugbe’s ECObuild champions sustainable solution in Nigeria

In Nigeria’s burgeoning manufacturing and construction sectors, the MD/CEO of EcoBuild by Moulding Technologies Ltd. (MTL), Mrs. Abimbola Akinkugbe, is carving a distinctive path. Beyond producing Expanded Polystyrene (EPS) materials, she is spearheading a quiet revolution in construction, driven by a profound commitment to tackling Nigeria’s persistent housing deficit. Her innovative approach and significant impact are already earning her recognition within the industry. Her journey in manufacturing is rooted in a firm belief in EPS’s potential to deliver accessible and sustainable homes. While MTL is renowned for its high-quality EPS Blocks and custom Moulds, used in diverse applications from intricate architectural details to robust structural components, it is her dedication to “Eco-Build” principles and affordable housing that truly defines her mission.

“The potential of polystyrene to deliver cost-effective, rapid, and sustainable housing solutions is immense,” Akinkugbe said. “We’re not just manufacturing materials; we are providing a tangible pathway to dignified living for countless Nigerians. Our goal is to make quality housing achievable, not just a distant dream.”

This vision is demonstrably taking shape in Mowe Golf Town, where EcoBuild by MTL is instrumental in a significant 100-unit housing project. By leveraging EPS, these bungalows are designed for rapid construction and superior thermal insulation, ensuring comfort and long-term energy efficiency for residents.

The lightweight and easy-to-handle nature of EPS materials is reducing project timelines by an estimated 30-50 per cent and significantly cutting construction costs by as much as 25 per cent, proving that affordability does not compromise quality or durability. The rapid uptake has already seen Phase 1 of this development completely sold out, underscoring strong market validation.

Akinkugbe firmly believes that scaling this success requires strategic collaboration. Her ambition extends beyond individual projects; she envisions replicating the Mowe Golf Town model nationwide through partnerships, particularly with the Nigerian government. “Bridging the housing gap requires a concerted, multi-stakeholder effort,” she explains.

“Our polystyrene technology offers a proven, scalable solution. By partnering with governmental initiatives, we can unlock the potential to provide millions of Nigerians with truly affordable, yet high-quality and sustainable, homes.”

As a woman leading a major manufacturing venture in a traditionally male-dominated space, Akinkugbe’s journey adds an inspiring dimension to her narrative. She exemplifies how innovation, coupled with a deep understanding of local needs and a commitment to sustainability, can reshape an entire industry.

“Being a woman in this industry sometimes means navigating unique challenges, but it also fuels my drive to demonstrate what’s possible and inspire others.” She says.

As Moulding Technologies Limited continues to expand its reach, Akinkugbe’s vision for a Nigeria where every family can afford a safe and comfortable home built with cutting-edge, sustainable materials, moves closer to becoming a widespread reality.

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