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US, China, others lift 11th Abuja Housing Show

By News Express on 19/07/2017

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•Show organiser Festus Adebayo
•Show organiser Festus Adebayo

The United States, China and Turkey are among the countries taking part at the ongoing 11th Abuja International Housing show, which beganon Monday with the participation of manufacturers and dealers in building materials within and outside the country.

The News Agency of Nigeria (NAN) reports that the event is an opportunity for both local and foreign manufacturers to exhibit latest technologies in the industry.

The show, which is the largest housing and construction event in Africa, has as its theme: “Solving Nigeria’s Housing Challenge through Innovative Finance and Infrastructure Solution.”

Mr Festus Adebayo, the organiser of the show, said 284 exhibitors are on parade, out of which 10 are from outside the country.

Other countries included India, United Kingdom, Ghana, Kenya and South Africa.

Adebayo, who is also the Chief Executive Officer, FESADEB Communications Limited, said that the event was an avenue to rub minds and exchange ideas as well as proffer lasting solutions to the problems of affordable housing in the country.

He said that the show was an opportunity of getting various stakeholders in the housing sector to come together and discuss possible ways of providing affordable housing for average Nigerians.

“There are lots of home seekers here. People are in need of houses and building materials, and this is the best way I think we can touch lives, updating people on the trend in building and how to own a house,” Adebayo said.

The convener said that the organisers would ensure that all the policies and decisions reached were forwarded to the lawmakers for possible implementation.

He also said that the organisation was working on a Bill that would help in the establishment of a property tax that would debar anybody from building and not renting it out.

“From the time of buying the land, the town planner will have an agreement with you on the time frame needed to move to site.

“A time frame should also be given when the building is completed on how long you will leave the house unoccupied and after that, tax will be charged on the building,” he explained.

One of the exhibitors, Ms. Beatrice Ezeocha of Nigeria Pipes Limited, said her company's products were manufactured locally, and had been in the market since 1980, adding that they were durable.

“We maintain quality, the product is very durable. It is a PVC pipe and does not rust while the prices vary depending on the thickness and size of the pipe. It is very affordable in production,” she said.

Ezeocha called on developers to patronise locally manufactured product, saying that it would help in making the prices of houses affordable for the masses.

Another participant, Mr Francis Okumagba, Managing Director/Chief Executive Officer, I-Skill Knowledge Management, said that government at all levels should do the needful to enable Nigerians own houses.

Okumagba complained that the type of houses being built by developers were not the type that an average Nigerian could afford.

“In civilised environment, 70 per cent of the houses are apartments, 25 per cent are town houses, only five per cent are luxury homes.

“But in Nigeria, it is the opposite as 70 per cent of the houses we build are luxury apartments, bungalows and duplexes that an average Nigerian cannot afford.” (NAN)


Source News Express

Posted 19/07/2017 12:37:14 AM


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