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Real Estate Challenges: BSTAN GROUP President Solicits Government Support

Published

3 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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Featured

Dikko And The New Vision Accountability and Development in Sports

Published

5 days ago

December 16, 2024

The Gleamer

Felly Mammah N.

Since the Chairman of the National Sports Commission (NSC), Alhaji Shehu Dikko assumed office on the 30th of October, 2024, he has systematically and deliberately been putting in place structures that would result to proper development of sports in Nigeria. Shortly after he was first appointed by President Bola Tinubu as a leading strength of sports, the Director General (DG), Hon. Bukola Olapade was appointed to compliment his efforts.

Many sports analysts believe that the duo of Dikko and Olapade who have been very visible in sports administration will be one of the best combination to take the sports sector to the next level. The DG no doubt, is the head of administration in the Commission, but it should be noted that the financial enablement to manage the affairs of staff and the political might that shops for the finance needed in the running of the sector rest on the Chairman who has the task of liaising with the President directly.

It is also, worthy to note that there is a huge difference between the administration of in the Civil Service as it is controlled by a Permanent Secretary and Directors while the administration of a Commission involves Board Members and experts whose voices and actions are also, game-changing; more so as Commissioners are likely going to take charge of the different zones to proffer solutions for a way forward. The defunct Ministry of Youths and Sports Development which later in 2023 metamorphosed into the Ministry of Sports Development on the assumption of President Bola Tinubu, produced a minister who was not versed in sports administration and as a result, faced mass criticism especially from men of the media.

These men of the pen profession are the torchlight of global sporting activity; they equally keep the history of both sports participation globally as well as the records of athletes’ performances. Their torchlight on past Minister’s and particularly the recent past, have revealed that most of the people who presided over sports administration do not really have any knowledge of the sector before their appointment.

The exit of the immediate past Minister, Sen. John Owan Enoh, refreshingly paved the way for change and this has brought in sports personnels that are expected to place sporting activities in the digital world. Suffice it to also, say that the new management of Sports Commission in parts of her changes is expected to sanitize athletes’ attitude and character for better reflection of children who have seen and communicated with their peers in the Western world.

However, the clarion call for President Tinubu to remove politics in sports may have changed the leadership of sports going by what many sports fans saw in the last outing of both Olympic and Paralympic Games in Paris 2024, where a country like Nigeria did not measure up to her potentials.

Despite the poor performance of atheletes during the World Olympics Games, the past immediate past Minister deserves to be commended that during his tenure, the African Cup of Nations (AFCON) Games was reawakened as the participation of our Super Eagles brought back hope and jubilation to sports fans including the President and higher authorities. Yes whopping sum of N12 Billion was released two weeks to the Olympics Games and at a time the country was not financially stable. Despite the presidential financial support, the medals presented to the country were crisis and ignorant of both the atheletes, Nigeria Olympic Committee and the Atheletic Federaton to do the needful.

Therefore, it is heart-warming that the President harkened to the appeal of his fellow sports lovers to handpick a known figure in the sports arena to share his wealth of experience that gave him both a name in Sports and positions as the former Chairman of the Nigeria Premier Football League (NPFL), Chairman League Management Company (LMC), FIFA match Commissioner of significance, 2nd Vice President of the Nigeria Football Federation (NFF) and presently, CAF Committee Member, in addition to his new portfolio as Chairman NSC.

My reference point here is that Alh. Dikko has been given the authority to effect positive change in sports sector, co-ordinate over 40 Sports Federations in the sector, welcome ideas of both sports stakeholders, individuals and veterans of sports that will enable him x-ray the reasons for poor performances in the sector and to chat a way forward for success story. There can never be a new testament without an old testament, thus the reason Alh. Dikko’s doors have remained opened to receive courtesy calls that included the visits by past administrators and foreigners who want to facilitate with whom the cap fits.

Still, in the mood of celebration to formally welcome Alh. Dikko to office was the peculiar power of sports which gathered momentum and the crowd for happy moments as seen in the recent novelty match organized by his friends, associates and sports veterans at the Moshood Abiola National Stadium, Abuja recently. That gathering clearly announced not just a man who has made a name for himself at a height in global political decision making in sports circle, but a man who has also, given voice to our country’s leagues and international activities.

Sports is a significant sector that comprises emotion, tension, happiness, sadness even death and hope irrespective of the fact that it has the potential to feed many mouths. The sector cannot be compared to other Ministries with delayed bureaucracies and frustration of abilities. While in the civil service the head will rather submerge a growing talent for fear of power thrown, a coach who discovers a talent takes the credit for showcasing a star athelete discovered. Sports has been proven to generate revenue as well as attract public partnership which are all aimed at enhancing podium performance by the athletes.

Shehu Dikko’s business vision and wide participation in football contributed in making him the right candidate to place the sector in its expected level, increase the GDP of the country’s economy and equally be accountable with administrative roadmap for success.

The novelty match organised for him by his sports fans and League managers had the likes of Samson Siasia, Victor Ikpeba, Mutiu Adepoju, Dominic Iorfa, Ahmed Musa in attendance to share their joy with him as they displayed their talent with their foot.
Others that graced the occasion were Super Sports General Manager, Felix Nwogu, former and present Chairmen of House Committee on Sports, NFF President, NOC members and persons from across the globe. That singular act indicated a clear fact that Dikko can actually gather momentum with persons that can support his ideology to deliver as charged by the presidency.

However, the Chairman’s meekness to open his doors to all does not mean weakness neither does it mean that he has not commenced work officially. His work is more of brain tasking because ideas actually rule the world. I will boldly say that he has resumed work with like minds that will not only be on the same page with him but will as well be on success Guinness Book with him.

Felly Mammah N.
Press Officer (NSC).

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