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Real Estate Challenges: BSTAN GROUP President Solicits Government Support

Published

4 years ago

July 9, 2021

JOEL AJAYI

To mitigate the burden of housing Nigerians, the Government at all levels has been urged to provide support for the real estate in the country a request if granted would go a long way in solving real estate challenges in the country.

The President of BSTAN Group a real estate firm, Dr. Becky Olubukola made the plea while addressing pressmen in her Abuja office saying that the real estate business has the potential to grow the Nigerian economy.

Also, Dr. Olubukola admonished government to develop better ways of helping Nigerians, particularly real estate firms to provide affordable housing to its citizen

She stated that, the housing deficit is at 22 million now, and was at 17 million six years ago.

It will be recalled that, before now, Dr. Olubukola has been canvassed with other stakeholders in the industry to implore the Nigerian Government to concentrate on the real estate sector.

According to her, Nigeria as a Nation must do better to cater to its citizens.

“The government must aggressively engage the private sector in resolving Nigeria’s housing and property ownership issues.

“A policy framework in terms of supportive regulations and increased access to financing would provide the real estate sector with much-needed stability and development. The government can concentrate on providing geographic incentives like tax breaks, grants, and major reductions to incentivize property developers to build in semi-urban and fewer luxury locales, making it simpler for Nigerians to buy houses.”

BSTAN CEO added that: “2020 was an unusual year in the history of mankind, everyone around the world dashed into the year with bags of dreams and wishful thinking.

“What seemed like a prosperous year quickly turned into a year of global disaster, and everyone was fighting and struggling to stay alive.

“There was a standstill for months during the lockdown and staggering businesses were quick to collapse, people lost their jobs, a lot of people got evicted from their homes, life comes at us fast.”

It’s also on record that even before the pandemic year, HRH (DR.) Olubukola has been advocating for quality and affordable housing for the over 14 million homeless Nigerians. She saw the future when she implored the Government to invest in the real estate sector, as it can boost Nigeria’s GDP by 30 to 35 percent.

Speaking on the issue of lack of employment and insecurity in the countr Dr. Becky stated that an investment in the real estate sector is an investment in security, youth empowerment, job security, and health care. Most people fall sick from living in an unhealthy environment. That explains the quality of IDPs’ health.

“It is tough to claim that shelter is not a basic human necessity. Everyone in our society should have the right to decent, affordable homes. The explanation is simple: without a secure home, all else crumbles. Housing, along with food and clothes, is usually recognized as one of the most basic human necessities. It is also a major indicator of a person’s level of life and, in some cases, of a person’s place or standing in society.

According to Dr. Becky, it is the first and most essential of all rights. According to her, housing is now a right because of the importance attached to its provision, as well as the fact that housing, in all its ramifications, is more than just shelter because it encompasses all social services and utilities that contribute to making a community or neighborhood a livable environment.

“The Abuja real estate sector is volatile, and the Government isn’t making things easy. If Nigeria must solve the 22 million housing deficit. The government must partner with Stakeholders such as BSTAN Group to power our housing sector and boost our GDP by 35 percent.”

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NSF: Oparaoji, Ekpeyong, Quadri Gear Up for Tough Quarterfinal Clashes in Abeokuta

Published

1 week ago

May 23, 2025

The Gleamer

Joel Ajayi

The tennis courts at the ongoing National Sports Festival in Abeokuta are buzzing with intensity as the competition hits the quarterfinal stage in both the men’s and women’s singles events, following a gripping round of 16.

Men’s Singles Quarterfinals:

Abubakar Yusuf of FCT will square off against Rivers State’s Abua Canice. Yusuf booked his spot with a 4-0, 4-2 win over Ehigiamusoe Endurance of Edo, while Canice cruised past Azi David 4-1, 4-0.

Bayelsa’s Uche Oparaoji faces Adeleye Daniel of Ekiti in a clash of skill and strategy. Oparaoji outclassed Urenyang Nuhu of Taraba 4-1, 4-2, just as Adeleye powered past Kaduna’s Ibrahim Sulaiman with the same scoreline.

In one of the most anticipated ties, Danjuma Lucky (FCT) will lock horns with Bayelsa’s top seed David Ekpeyong. Danjuma came through a thrilling contest against Ekiti’s Abamu Matthew, rallying to win 1-4, 4-2, 10-5, while Ekpeyong dominated Taraba’s Rubi Toba 4-0, 4-2.

Home favourite Christopher Bulus of Ogun will battle Edo’s Michael Chima for a semifinal ticket. Bulus swept past Rivers’ Timibra Godsgift 4-1, 4-0, while Chima triumphed over Delta’s Iloputa Ikechukwu in a straight-set win.

Women’s Singles Quarterfinals:

Delta’s Barakat Quadri, fresh off a 4-1, 4-0 win over Rebecca Ekpeyong of Bayelsa, will face rising star Emmanuel Bright of the IJA (Invited Junior Athletes), who overcame Rivers’ Maxwell Timipre 4-2, 5-3.

Edo’s Omotayo Blessing will battle Akwa Ibom’s Udoffa Mary in what promises to be a fiery encounter. Omotayo brushed aside Ekiti’s Adeusi Jesutoyosi 4-0, 4-1, while Udoffa outplayed Moses Favour of Kaduna 5-3, 4-0.

Elsewhere, Ogunjobi Success of Ekiti will test her mettle against Aina Goodnews of IJA, and Akwa Ibom’s Etoro Bassey faces Ogun’s Yakubu Ohunene in a South-South vs South-West showdown.

With the quarterfinals locked in, tennis fans are in for a thrilling ride as the battle for medals intensifies under the Abeokuta sun.

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