… Partner to develop 1,000 homes in 3 years

Aerofield Homes Limited, a leading property company, has partnered with Oodua Investment to develop Ikeja Luxury Apartments, a high-end housing project in Ikeja GRA, Lagos State.

The groundbreaking ceremony marked the beginning of construction, which is expected to be completed in record time. Armstrong Akintunde, CEO of Aerofield Homes, praised the partnership, saying it aligns with the company’s mission to provide decent and qualitative housing for Nigerians.

He commended Otunba Bimbo Ashiru, Chairman of Oodua Investment, for his leadership and vision. Akintunde assured that Aerofield Homes is committed to delivering the project promptly, citing the company’s track record of excellent service delivery and customer satisfaction.

Delivering his speech at the event, the Group Chairman, Oodua Investment, Otunba Bimbo Ashiru appealed to Nigerians to invest in the company’s real estate developments and explore various opportunities across its different business interests saying that his leadership and commitment to deliver sustainable returns and manage risks effectively remains as solid as ever.

Oodua Investment and Aerofield Homes have also partnered to develop over 1,000 homes in various locations across Nigeria within the next 2-3 years.

Otunba Bimbo Ashiru, expressed confidence in the leadership and collaborative efforts of the partners. Adetilewa Adetomiwa, Executive Director of Aerofield Homes, emphasized the company’s dedication to providing decent housing for Nigerians, shaping dreams into reality, and creating vibrant communities.

The partnership is expected to deliver quality homes, upgrade existing assets, and drive socio-economic prosperity in the country.

By Omolola Dede Adeyanju

Senior Advocate of Nigeria, Femi Falana has disclosed that there will be a court hearing at the federal high court in respect to the 60 billion naira lying fallow with the Universal Basic Education Commission, UBEC as the state governments have refused to access it to ensure out of school children are taken off the streets and enrolled in school.

Falana revealed this at the IA Foundation charity ball and fundraising annual event, themed: ‘Panacea to a Menace’ which was held on Saturday. He reiterated ‘In September last year, UNICEF disclosed to our utter embarrassment as a nation that Nigeria has not less than 20.2million out of school children, it is a sad development, having regards to our enormous resources. The task before all of us is to intensify efforts to remove the children from the streets and have them enrolled in school.

‘We will be going to court as regards the disclosure that 60billion naira is lying fallow in the hands of the Universal Basic Education Commission, UBEC because state governments have refused to access the money to educate the children of the poor, hence we are going to the federal high court to compel the state governments and federal government to ensure that out of school children are taken off the streets and enrolled. This is the beauty of this program as the IA foundation is alerting and challenging all of us to take education for the children very seriously, especially for the elite, if we fail to do that, children of the poor are going to harass them, it’s already happening, talk of area boys syndrome, terrorists and other criminals.’ he submitted.

However, the founder IA Foundation, Ibironke Adeagbo, FCA FCCA in her speech examined the relevance of the foundation’s drive to taking children out of the streets. She said, ‘I commend the IA foundation for the tenacity and drive over the last 5 years to shine a light and push for correction on this deep darkness that plagues our land.’ she revealed that Pakistan Indian and Nigeria are the three Nations on comparative basis with the most out of school children in the last 5 years. The United Nations agencies put the record of out of school children for the 6 to 18 years age brackets in India at a little above 52 million while Nigeria and Pakistan are closer to the 20 million Mark.

Adeagbo added, ‘The situation is escalating to a dangerous position, we need to begin remedial actions, we need to plan and design solutions based on collaboration, we need to create strategies, have accurate data, pp CEO Nigerians in the Diaspora commission (NIDCOM), Dr. Abike Dabiri-Erewa, highlighted the achievements of the Federal government in relation to ensuring education of children. She said, ‘The Federal government recently established the national commission for Almajiri out of school children to address this issue; development partners and some non-government organizations also strive to reverse the trend which could further worsen the socio- economic problems of the country. This is why the initiative of IA Foundation is highly commendable and should be supported as a means of complementing government efforts aimed at addressing these problems and ensuring that out of school children have access to quality education’

One of the Bursary beneficiaries, Faridah Yusuf, in appreciation to the foundation for sending her back to school, paying her school fees and providing learning materials. She said, ‘When I came back to school I could not read nor express myself. I have stayed at home for too long but now I have improved and I am making progress in my school work.’ She acknowledged.

Aerofield Field Homes, Lagos has signed a pact with the Odu’a Investment Company Limited over construction of luxury apartments in Ikeja, GRA, Lagos State.

Speaking during the signing of Joint Venture Development Agreement held at Cocoa House, Ibadan, the Managing Director and Chief Executive Officer of Odu’a Investment, Mr Adewale Raji said that he was happy the company is doing business with Aerofield Homes, a property company that has been helping to provide Nigerians with decent homes.

Mr Raji said “I am particularly happy that Odu’a conglomerate is associating with your company, I have had conversations and interacted with Aerofield Homes, obviously I have no doubt in the company’s competency; we are ready to execute our project with you anytime, you have the professional expertise, so it will be awesome doing business with you and your team”.

L-R: Mr. Adetilewa Adetomiwa, Principal Consultant to Aerofield Homes, Middle, Mr. Armstrong Akintunde, MD/CEO Aerofield Homes Ltd and Barrister Jaiyeoba Adepeju

“At Odu’a Investment, we appreciate relationship, especially the one that is helping us to achieve our business goals of impacting the people around us for good, so we are always open for business, and with this MoU we are signing with Aerofield Homes, we believe this is another chapter that will add great value to our service delivery and it will really mark beginning of great and exciting moments for us all”.

Speaking at the event, the CEO of Aerofield Homes, Mr Armstrong ‘Tope Akintunde lauded Odu’a Investment Company for being a pacesetter conglomerate and a thriving business enterprise despite the harsh realities of the economy.

Akintunde said “It is a thing of joy, like a fulfilled dream that Aerofield Homes could be privileged to partner with Odu’a Investment. By the grace of God we have all it takes to make this a worthwhile venture. Our goal which we have pursued so relentlessly is to cut down on housing deficit for Nigerians and this we shall keep doing because everyone in the country deserves a decent home.

“We shall surely treasure this moment and work assiduously to justify the confidence reposed in us by Odu’a Investment, this is definitely not a partnership that we shall regret but that will give birth to multiple reasons to continue to work in harmony”.

Speaking at the event, the Principal Consultant to Aerofield Homes, Mr. Adetomiwa Adetilewa said it was great honour to be privileged to share business relationship with the Odu’a Investment given their pedigree and achievements in business world.

Adetilewa said “At Aerofield Homes, we are all happy to do business with Odu’a Investment and we want to assure you that Aerofield Homes doesn’t joke with integrity and standards that are in compliance with world best practices. We deliver on time on our projects without sacrificing quality. We sincerely thank you for finding us suitable for this worthy partnership and I can assure you that we shall justify the confidence reposed in us”.

The two companies later signed the MoU compiled by Wemabod Ltd legal solicitor, Mrs. Adeloye Olukemi.

Dignitaries at the meeting were Mr. Abdulrahman Yinusa, Group Chief Financial Officer of Odu’a Investment Company Limited, Mr. Yemi Ejidiran MD, Wemabod Ltd, Mrs. Abiola Ajayi, Company Secretary & Head of Legal, Odu’a Investment Company Limited, Mr. Ade Ajayi, Commercial Manager, Mrs. Adenike Ajobo, Brand & Communication Manager and Mr. Mayowa Amoo – Project Manager, Wemabod Ltd.

Others from Aerofield Homes Limited were Architect Raheem Adisa, Barrister Jaiyeoba Adepeju and Barrister Phoebean Odjiko, Company Secretary.