The Chairman of a real estate developing firm, T. Pumpy Concept Limited, Mr Akintayo Adaralegbe, has said the firm is determined to bridge the gap in housing in Ekiti with the establishment of affordable estates in the state.
He also described the Ekiti State Anti-land Grabbing Law 2019 as a catalyst that would promote estate developing business in the state.
He said the law has ensured proper protection of landed property of people and ward off illegal occupation and sale of lands by those he described as racketeers and grabbers under the facet of ‘Omo Onile'(landowners).
The law assented to in 2019 by Governor Kayode Fayemi prescribed a four-year jail term for those who fraudulently occupied or sell lands belonging to other owners in Ekiti.
Adaralegbe who spoke in Ado-Ekiti, the state capital, on Wednesday during a pre-launch press conference heralding the official take-off of operations of the T. Pumpy Estate Firm in Ekiti, said there is a need for people in the state to own their houses and in turn develop the economy of the state.
The expert disclosed that the Estate Developing Firm, which began operations in 2016, has over 40 estates in Abuja, saying he is in Ekiti to add value in the provision of Infrastructures in the real estate sector.
Applauding the Ekiti government, traditional rulers and residents for their readiness to partner with the firm, the Chairman noted that the enactment of the Law in Ekiti had criminalised land matters and reduced the incidences of land disputes.
He said, ” We are bringing succour to and make life easier for our people in Ekiti, especially on how they will get their houses. We are out for real housing solutions in the state.
“The Anti grabbing Law which stipulated imprisonment for fraudsters will protect developers in Ekiti State and we have felt this since we came into the state for business.
“We have seen the positive effects of the law, we like it and we implore other states to enact same because it gives developers enabling environment to do their businesses.
“Time has come for governments to criminalise land matters. They should not make it more of a civil matter. If you indulge in criminal activity on land like illegal sale, acquisition and other fraudulent actions, then such persons should be treated as criminals.”
He disabused the minds of the people exhibiting fear about land business, saying the state government has approved the layouts of the lands belonging to the company while about 80 per cent of its landed property have got approvals and Certificates of Occupancy(C of O).
Adaralegbe said the pre-launch press engagement was meant to alert Ekiti residents that the Firm begins full operations in the state from September 1, 2021.
Assuring that the firm would not default in its Corporate Social Responsibility to the state, Adaralegbe stated that the Firm would delve more into human capital development like education and empowerment of youth.
“We are not going to default in our corporate social responsibility here in Ekiti in the areas of infrastructure and provision of amenities. We are not here only for the sale of our products, but to impact positively on our people,” he said.
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