The Real Estate Developers Association of Nigeria, REDAN, has held its 2026 Annual General Meeting in Abuja, bringing together key industry players, regulators, financial institutions, and professional bodies to review its performance and set a strategic agenda for the year ahead.
The meeting took place at the Los Angeles Events and Conference Centre in Kado, Federal Capital Territory, with executives, board members, stakeholders, and partners in attendance.
Speaking at the event, the Keynote Speaker, President and Chairman of Council of the Chartered Institute of Taxation of Nigeria (CITN) Mr. Innocent Chinyere, acknowledged members of the association, members of the Board of Trustees, and supporters of REDAN, describing the Annual General Meeting as a critical platform for reflection, accountability, and renewed commitment to the growth of Nigeria’s real estate sector.
The Chairman of the Board of Trustees, Town Planner David Gabuwa, alongside Town Planner Gabriel Jibril, who represented the National President of the Nigerian Institute of Town Planners, Obonachime Efenadikwu, emphasized the importance of collaboration between real estate developers and planning professionals.
In his goodwill message, the Nigerian Institute of Town Planners described REDAN as a critical stakeholder in the pursuit of orderly, inclusive, and sustainable human settlements in Nigeria.
He noted that the real estate sector plays a strategic role in national development, particularly in land use planning, housing delivery, urban regeneration, infrastructure provision, and environmental management.
He stressed that as Nigeria continues to experience rapid urbanization, the decisions of real estate developers increasingly shape the functionality, sustainability, and long-term value of cities.
According to him, compliance with approved layouts, respect for development standards, and early engagement with planning authorities remain essential conditions for successful real estate investment. He added that strong partnerships between planners and developers reduce conflict, improve project delivery, and enhance long-term asset value.
Spectators and Guest of Honour at the meeting commended REDAN’s leadership and members for their resilience and consistency in the real estate sector, despite economic and operational challenges.
They described the AGM as a reminder that the future of housing development in Nigeria must be driven by collaboration.
He noted that the theme of the meeting reaffirmed housing as a pillar of social stability and economic growth, stressing that decisions around financing, regulation, taxation, and affordability will ultimately determine the quality of development delivered across the country.
They further described it as more than a statutory reform, but a strategic policy signal aimed at promoting transparency and long-term investment across the real estate value chain.
Members actively engaged the leadership through questions, contributions, and debates, leading to the adoption of several resolutions aimed at strengthening efficiency, transparency, and organizational effectiveness.
The Meeting concluded with a reaffirming commitment amd sense of direction and optimism, as REDAN enters a new operational phase focused on sustainable urban development, affordable housing delivery, and stronger collaboration across Nigeria’s real estate value chain.
