A keynote address will be delivered by Babatunde Raji Fashola, SAN, CON, former Minister of Works and Housing, who is widely respected for his contributions to infrastructure development in Nigeria.

His speech will provide valuable insights into how the real estate sector can stimulate economic resurgence and support national development goals.

Also, Festus Adebayo, Executive Director of the Housing Development Advocacy Network (HDAN) and Convener of the Africa International Housing Show (AIHS), is one of the esteemed panelists set to shape discussions on the theme. As a leading voice in housing advocacy and policy reform, Adebayo has been at the forefront of championing sustainable housing solutions, affordable homeownership, and regulatory improvements within Nigeria’s real estate sector.

With his extensive experience in the sector, he will provide expert insights on how the real estate industry can drive economic growth, create employment opportunities, and attract investment to reposition Nigeria’s economy for long-term stability and prosperity.

His participation promises to bring fresh perspectives on innovation, funding models, and policy strategies that can reshape the future of the built environment.

The event will also feature other high-profile panel of industry experts, including ESV. Victor Alonge, PNIVS, FRICS, FCID, President of the Nigerian Institution of Estate Surveyors and Valuers (NIESV); Kemi Olomola-Sijumade, MNI, Founder of Greenland Concepts Nig. Limited; Arch. Erejuwa Gbadebo, Director/Board Member at Berger Paints Nigeria Plc.

These seasoned professionals will engage in discussions on policy reforms, financing options, affordable housing solutions, and innovative building technologies that can transform the sector.

According to Wemabod Limited, the Real Estate Outlook is designed to serve as a platform for stakeholders to collaborate and develop actionable solutions that will shape the future of real estate in Nigeria.

As a company committed to fostering growth within the sector, Wemabod seeks to drive conversations that will lead to sustainable investments, job creation, and an improved housing market.

Real estate professionals, investors, policymakers, financial institutions, and members of the public are encouraged to attend and contribute to this vital discourse on the future of Nigeria’s built environment.

For participation and media inquiries, interested parties can contact Wemabod Limited via 0706 256 0301, 08184819360, or email Agbato.oluwaseun@wemabod.com.

The post Fashola, Others to Speak at Wemabod’s 3rd Annual Real Estate Outlook appeared first on Housing TV Africa.

Speaking at the launch of his book titled “Nigerian Public Discourse: The Interplay of Empirical Evidence and Hyperbole” in Lagos, Fashola highlighted the overwhelming burden faced by tenants with advance rent payments spanning up to three years or more.

Addressing the issue of unoccupied houses due to the current rent collection practices, Fashola urged states to emulate the tenancy bill enacted by the Lagos State House of Assembly in 2011.

This legislation criminalized the collection of rent exceeding one year in advance from new tenants.

Fashola emphasized the need for a comprehensive approach to housing, including rental policies.

He questioned the high number of empty houses and suggested that reforming rent collection practices could mitigate this issue.

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Highlighting the effectiveness of Lagos’ rent control law in alleviating rent burdens, Fashola encouraged other states to follow suit.

He proposed reducing rent payment periods to one year or even six months, aligning with individuals’ monthly pay schedules.

Fashola’s call for the review of tenancy laws aims to ease the financial strain on tenants and promote more equitable housing practices across states in Nigeria.

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The post Former Minister Fashola Urges State Review of Tenancy Laws for Monthly Rent Collection appeared first on Housing TV Africa.