{"id":7808,"date":"2018-01-15T12:33:19","date_gmt":"2018-01-15T12:33:19","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/?p=7808"},"modified":"2020-09-17T17:36:36","modified_gmt":"2020-09-17T17:36:36","slug":"rivers-state-government-hands-over-housing-development-projects-to-afriprops-development-company","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/rivers-state-government-hands-over-housing-development-projects-to-afriprops-development-company\/","title":{"rendered":"Rivers State Government hands over Housing Development Projects to Afriprops Development Company"},"content":{"rendered":"

\"Rivers<\/p>\n

RIVERS STATE GOVERNMENT HANDS OVER HOUSING<\/a> DEVELOPMENT IN NEW CITY TO PRIVATE INVESTOR, AFRIPROPS.<\/strong><\/p>\n

\u00a0<\/strong>The Rivers State Government on Thursday January 11, 2018 restated her desire to hand over the development of housing estates in some parts of the new city currently undergoing construction to private investors.<\/p>\n

Chief Ferdinand Alabraba, the Chairman, Greater Port Harcourt City Development Authority, (GPHCDA), reassured on government\u2019s intention at the signing and hand-over ceremony of Olive Crest Estate site to Afriprops Development Company Ltd, a leading real estate<\/a> management, property development, infrastructure concessioning and infrastructure contracting company of choice in Nigeria.<\/p>\n

He said that the state government\u2019s desire to handover the site to Afriprops Development Company Limited in Port Harcourt was intended to address housing deficit in Rivers.\u00a0He noted that Afriprops would collaborate with GPHCDA to build new homes and state-of-the-art facilities at Olive Crest Estate in the new city. \u201cWe look forward to an estate that will help populate Greater Port Harcourt because any city without people is a ghost city\u201d.<\/p>\n

Chief Alabraba reaffirmed that Gov. Nyesom Wike is ever committed to bridging the housing gap and that GPHCDA is very happy, willing to welcome, partner willing investors like Afriprops for the development of the new city. He also pointed out that the major obligation of the government is to provide land for the development of massive housing and estates for the people and expressed the hope that this having been done by the government that Afriprops would commence work immediately as soon as all contract formalities are concluded.<\/p>\n

\"Rivers<\/p>\n

In his own remarks, the Chief Executive Officer of Afriprops, Engr Charles Njoku, said that Olive Crest Estate is a Public Private Partnership initiative of the Rivers State Government.\u00a0Njoku thanked the state government for its investor-friendly initiative and transparent process that produced Afriprops as one of the partners for the project.<\/p>\n

He also expressed optimism that the estate would reduce the widening housing deficit in the country. \u201cNigeria currently has a housing deficit of about 17 million, and Rivers state being one of the most industrialised states in Nigeria with three-times the size of Lagos has a good percentage of that deficit.\u00a0The estate covers 46.11 hectares of prime land comprising of residential built area, site and services for residential and commercial plots,\u2019\u2019 he said.<\/p>\n

According to Njoku, the new estate will be self-sustaining and will be\u00a0equipped with 24 hours electricity supply; underground cabling system; industrial borehole water treatment plant and water reticulation and\u00a0storm water drainage.\u00a0He said the facility would be equipped with smart technologies; water parks and ample parking space; swimming pool, restaurants and bar and sporting and recreational facilities, among others.<\/p>\n

To demonstrate Afriprops\u2019 commitment to the partnership with the Rivers State Government, Njoku revealed that his company will also build its Regional office and asset management company within the estate.He assured that the project would be completed with specifications as cited in its Memorandum of Understanding with GPHCDA.<\/p>\n

Also present at the signing and site handover ceremony were Mr Victor Halliday, a Director of Afriprops Development Company Ltd and Directors of Greater Port Harcourt City Development Authority alongside its Administrator, Ambassador Desmond Akawor.<\/p>\n","protected":false},"excerpt":{"rendered":"

RIVERS STATE GOVERNMENT HANDS OVER HOUSING DEVELOPMENT IN NEW CITY TO PRIVATE INVESTOR, AFRIPROPS. \u00a0The Rivers … Rivers State Government hands over Housing Development Projects to Afriprops Development Company<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7809,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[536,4751,2890,1399,12908,543,127,344,538,684,539,258,204,522,41,537,84,535],"class_list":["post-7808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-afriprops","tag-amazing","tag-construction","tag-development","tag-home","tag-home-buying-guide","tag-homes","tag-housing","tag-housing-development-handover","tag-lagos","tag-new-city-rivers-state","tag-new-home","tag-new-homes","tag-nigeria","tag-property","tag-property-development","tag-real-estate","tag-rivers-state-government"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Picture-062-Copy.jpg?fit=1500%2C1064&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6927,"url":"https:\/\/amazingproperty.com.ng\/blog\/rivers-partners-developer-in-3000-unit-estate\/","url_meta":{"origin":7808,"position":0},"title":"Rivers partners developer in 3,000-unit estate","author":"Amazing Property","date":"November 6, 2017","format":false,"excerpt":"\u00a0 Illustration of a proposed estate Plans to prepare for the thousands who\u2019ll descend on the Rivers State capital have begun in earnest, as the Greater Port Harcourt City Development Authority signed a Memorandum of Understanding (MoU) with an investor to build a 3,000-unit housing estate. About 100 hectares of\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/08\/Mass-housing-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/08\/Mass-housing-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/08\/Mass-housing-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/08\/Mass-housing-2.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/08\/Mass-housing-2.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4430,"url":"https:\/\/amazingproperty.com.ng\/blog\/realtors-demand-freezes-in-conversion-of-homes-to-commercial-purposes\/","url_meta":{"origin":7808,"position":1},"title":"Realtors demand freezes in conversion of homes to commercial purposes\u00a0","author":"Amazing Property","date":"May 8, 2017","format":false,"excerpt":"On-going construction of Gateway annex in Ogun State In line with the goal of protecting their field of practice and monitoring the real estate sector, realtors have urged governments to intervene in the area of tightening control and restricting conversion of housing to commercial uses. They argue that such moves\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/OPIC-08-05-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/OPIC-08-05-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/OPIC-08-05-2017.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/OPIC-08-05-2017.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/OPIC-08-05-2017.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1751,"url":"https:\/\/amazingproperty.com.ng\/blog\/wike-assures-investors-of-land-tax-relief\/","url_meta":{"origin":7808,"position":2},"title":"Governor Wike assures investors of land, tax relief","author":"Amazing Property","date":"March 11, 2017","format":false,"excerpt":"Governor Nyesom Wike of Rivers State has invited foreign and local investors to take advantage of the rapid developmental strides of his administration to invest in all sectors of the state\u2019s economy, in order to \u00a0 create jobs. Wike He assured that first-time investors in sectors such as tourism and\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"investors","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/wike11.png?fit=412%2C250&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6941,"url":"https:\/\/amazingproperty.com.ng\/blog\/firms-ceo-wins-business-leaders-awards\/","url_meta":{"origin":7808,"position":3},"title":"Firm\u2019s CEO wins business leaders awards","author":"Amazing Property","date":"November 6, 2017","format":false,"excerpt":"Chief Executive Officer of TAF Africa Homes, Mustapha Njie The Chief Executive Officer of TAF Africa Homes, Mustapha Njie was among the winners of the 7th All Africa Business Leaders Awards (AABLA), West Africa edition staged at the Eko Hotels and Suites in Lagos. 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The company, which started business 10 years ago in Abuja\u00a0and\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Agege History Lagos.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Agege-history-Lagos.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Agege-history-Lagos.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Agege-history-Lagos.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Agege-history-Lagos.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Agege-history-Lagos.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7147,"url":"https:\/\/amazingproperty.com.ng\/blog\/estate-surveyors-should-be-engaged-to-address-nigerias-land-data-challenge\/","url_meta":{"origin":7808,"position":5},"title":"\u2018Estate surveyors should be engaged to address Nigeria\u2019s land data challenge\u201d","author":"Amazing Property","date":"November 20, 2017","format":false,"excerpt":"Emma Wike The practice of estate surveying and valuation in Nigeria has been bedeviled with several challenges leading to negative public perception. 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