Adelani Adepegba, Abuja
A real estate developer and Managing Director, Adron Homes and Properties, Mr. Adetola King, has called on the Federal Government to invest heavily in the provision of infrastructure in the country.
He stated that poor infrastructure had impacted negatively on the growth of the sector, stressing that the government must work harder and do more to enhance the growth of the housing sector.
Speaking during the unveiling of the Manhattan Gardens located off the Abuja-Keffi Road, Nasarawa State, King said the estate was a replica of the Manhattan Gardens in the United States with all facilities provided.
He stated that the construction of the estate would be carried out in phases, adding that the first phase would cover over 200 hectares out of the total 2,000 hectares of land.
King contended that the property market was not affected by the current economic recession in the country, pointing out that hard work and diversification were the recipe to tackle recession.
He said, “No recession for those who are hard working. The Federal Government should stop saying there is a recession as there is a lot of work to be done. There are a lot of potential untapped. We have the raw materials so why are people shouting recession?
“In Adron, throughout 2016, we didn’t see any recession because we were working and we were giving people the product — housing, but lack of Infrastructure is a bane of the housing sector; because without good infrastructure, there is no housing.”
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