Three weeks ago, I published an
article on this column “Nigeria’s Real Estate: Between Projections and
Realities” on www.3investonline.com. The article was a half year review of the
Nigeria’s Real Estate Sector; and I concluded in that report that the year
under review has been befogged with too many turnings without a movement.
This endemic attitude of ‘talking
the work’ has not only mitigated significant progress in the sector; it has
aversely midwived a gloom of apathy which industry players are struggling to
diffuse in other to reposition the sector in the economic scheme of things.
In spite of the moribund state of
the industry, the truth remains it still remains a virile solution to Nigeria’s
economic and employment conundrum. The big question therefore is what efforts
are too much to unlock a sector which every pundit agrees has immeasurable
potentials to significantly drive the nation’s GDP, create employment for the
army of unemployed youths and generates wealth for the people?