Odibola Properties 150 affordable bungalows: Odibola Properties Limited has launched 150 three-bedroom bungalows at Urban Prime 2 Estate in Mbodu Aluu, Ikwerre Local Government Area of Rivers State.
The Chief Executive Officer of Odibola Properties Limited, Oshobukola Sunny Isaac, unveiled the project and said it aims to provide affordable housing for Nigerians.
He said the company wants to make home ownership accessible to legitimate buyers. He also assured investors and community leaders that the company does not support land grabbing.
Isaac said the company expects the estate to reach a mature stage within two years.
Meanwhile, the Chief of Staff to the Ikwerre Local Government Council, Honourable Okachi Orlu, welcomed the development. He described Isaac as a businessman who could be trusted.
Professor Independent Enyinda of the Department of History and Diplomacy at Rivers State University performed the foundation-laying ceremony.
Enyinda said he had no business interest in Odibola Properties. However, he expressed confidence in the company’s management and encouraged people to do business with it.
Also speaking, the Rivers State Chairman of the National Youth Council of Nigeria, Ambrose Okpor, commended the company for its housing initiative.
He urged the company to maintain transparency and involve host communities in its activities.
Okpor also called for peaceful relations and honesty in business operations.
The 150-unit development, known as Urban Prime 2 Estate, is located on an extensive parcel of land at Mbodu Aluu in Ikwerre LGA. The launch marks the commencement of the housing development, which the company says will target Nigerians seeking affordable three-bedroom homes.
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