The new president, Nigerian Institute of Architects (NIA), Enyi Ben-Eboh, has pledged to bridge the gap in professional competency within the architecture community.
Some of the housing units in the Plantation City in Delta State
Notwithstanding the poor performance of the real estate sector last year, occasioned by the negative impact of the corona-virus pandemic, operators are optimistic that there could be an early rebound in 2021 if government lives up to its obligations.
For a sector hugely dependent on the economic dynamics, experts were cautiously optimistic that real estate will recover in the first quarter.
The optimism stems from better understanding of the covid-19 virus coupled with the positive moves by the Central Bank Nigeria in foreign exchange regulation, the recent World Bank report of possible 1.1per cent growth in the nation’s economy and the slight increase in oil price.