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Firm explains delays in subscribers’ allocations

By Precious Akpos
07 February 2022   |   2:57 am
A real estate development company, RevolutionPlus has insisted that it has always met obligations to subscribers and businesses are transacted in a transparent manner.

A real estate development company, RevolutionPlus has insisted that it has always met obligations to subscribers and businesses are transacted in a transparent manner.

The company’s Managing Director, Bamidele Onalaja, who was reacting to a complaint by one of its clients on social media, stated that the firm would not take for granted the investment of subscribers to its housing estates and that the company is built on integrity and trust, which have remained the bedrock of operation. while ensuring that all subscribers to their estates are treated with fairness.

While stating that there could be delays in subscribers getting their allocations due to factors such as default in payment or when a number of fully paid allocations to be sent to the surveyor for processing as a batch has not been completed.

“We wish to state that as it is with every business entity, there will always be a few dissatisfied customers but issues are better resolved when grievances are directed to proper channels for prompt attention,” he said.

Onalaja, who is the chairman, Real Estate Development Association of Nigeria (REDAN) Lagos State chapter, also stated that inability of the subscriber to pay up within the agreed period of three to 18 months or a request for a payment extension, such a client will be out of contract and would be asked to either move to another estate with all previous payment transferred to the new estate or request for a refund with a 40 per cent deduction as clearly stated in the contract signed at the commencement of the transaction.

The company stated that allocations in its over 40 estates located in Lagos, Ogun, Oyo, Rivers States and the Federal Capital Territory, Abuja are done in batches and that between 2020 and now, it had allocated 40 batches in 26 of the 40 estates, which include 14 estates in Lagos, three in Ibadan and Abuja as well as four in Abeokuta.

The statement further exonerated the company’s brand ambassadors Odunlade Adekola, Toyin Abrahams and Broda Shaggy of any wrongdoings.

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