Thursday, 11th August 2022
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AHCN seeks ways to transform housing agencies

The Association of Housing Corporations of Nigeria (AHCN) will be training its agencies on how to achieve productivity and profitability in Uyo.

The Association of Housing Corporations of Nigeria (AHCN) will be training its agencies on how to achieve productivity and profitability in Uyo.

A statement by the Executive Secretary Toye Eniola explained that the objective of the training is to stimulate members to speedily embrace global business changes and equip them with strategies of adopting, adapting and developing positive corporate attitudes to enhance corporate effectiveness and profitability in an emerging economy.

AHCN is an umbrella organization for all federal and state housing agencies, housing research institutes, mortgage establishments, and private property developers. The AHCN was inaugurated in Enugu on May 1964 by the defunct four regional housing corporations and the Lagos Executive Development Board, (LEDB)(now LSDPC).

Today, membership of the Association has swelled to 50 member organizations including the Federal Mortgage Bank of Nigeria (FMBN), Federal Housing Authority (FHA) and Nigerian Building & Road Research Institute (NBRRI)

The events would also feature the 45th AGM/100th Council Meeting of the Association. The AGM shall feature a change of guard in the leadership of the association as the election will be held to elect new officers that will steer the affairs of the Association as the incumbent President, Mohammed Baba Adamu will be passing the baton to a new President that will emerge from the election.

The event which will be attended by the Managing Director of the Family Homes Funds Limited, Mr. Femi Adewole who will be presenting a paper on the Rental Housing Concept as Catalyst for Sustainability of Housing Agencies is designed to train and equip leaders of member organizations with strategic development of winning attitude and leadership skills.

The training was also designed to reposition housing corporations and agencies to its old trade of providing mass housing for the people especially the low income group.

The Association, which was established in 1964 was in the fore front of mass housing in Nigeria with the development of various housing estates in major state capitals across the federation until recently when most housing corporations saddled with various constraints that rendered them inactive.

The objective of the founders of the Association was to solve the then growing housing problems, especially in the urban centres by advising governments of the federation on their housing policies, projects, and programmes.

With its new focus of rekindling the old trade of mass housing through an initiative geared towards eradicating homelessness with the proposed development of 1000 housing units annually in each state of the federation, the Association hopes to chart a new way forward with the new executives that will emerge from its election.