Obasanjo calls for increased public-private partnership as Bstan introduces “metro shelter”

Former President of Nigeria, Chief Olusegun Obasanjo GCFR, has called for increased partnership of the private and public sectors in the housing industry, explaining that the problem of housing is everybody’s business.

Obasanjo made this call at the last day of  “National House Fair 5.0” NHF in a virtual speech, commending the Group for its introduction of the “metro shelter” scheme aimed at  decentralising movement from rural to urban areas.

He stated that BSTAN Group cannot remedy the housing deficit alone, stressing that government at all levels as well as the private sector need to do more in ensuring that the housing issue ceases to exist.

He said, “Housing is one of the essential requirements of humankind. Here, let me commend what BSTAN Group has been doing in providing affordable

accommodation all over Nigeria. They have covered about a third of the states in the country. There’s still a lot to be done, but once again I will say, more grease to their elbow.

“What exactly are they doing? They work on what they call metro housing scheme; which is to actually ensure that houses are spread to new organised areas, organised in the sense that, wherever you have around 1000 people, they become what you can call an organised area, and so what you need is affordable housing, businesses, employment opportunities so that people can stay as close to where they are working as possible and this idea is a very welcome, and again I will commend Bstan for metro housing.

“BSTAN alone cannot carry this baggage by itself, it has to work with others in the private sector, it has to work with government at the local government level, state level and at the Federal level, Regional level; like the ECOWAS and such other regions in Africa.

“I will urge and plead with government in Nigeria at every level to work hand in hand with the private sector; the likes of BSTAN to develop and implement more housing system, bringing houses to little urban communities so that they can be encouraged to remain in their location rather than move to large locations which will create other problems.

He expressed his belief in what BSTAN group is doing in housing development and provision of housing at affordable prices for all categories of people in Nigeria and further wished them success.

Also speaking, the Group Managing Director, BSTAN Group, Dr Becky Olubukola thanked the Ooni of Ife Oba Adeyeye Enitan Ogunwusi who is the Chairman of BSTAN Group for his unflinching support and the fatherly role he plays.

According to her, BSTAN is working tirelessly and in partnership with several state governments and the private sector to not just provide accommodation, but make homes that are safe, efficient, secure, with adequate electricity, adopting new technologies that allow for speed in construction – hence the metro shelter scheme.

She highlighted the various schemes and mortgages; some with zero percent interest, with flexible payment plans that allow for affordable homes. She therefore called on all Nigerians to subscribe to the offer that BSTAN brings, stressing that owning a home is key.

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