PRESS RELEASE
The Housing Development Advocacy Network, (HDAN), has officially appealed to the Abia State Government to rescind it’s decision concerning the revocation of Land and proposed demolition of the Trademore housing estate in the State Capital, Umuahia.
This was revealed in a Statement issued recently in Abuja by The Executive Director, HDAN, Festus Adebayo, in response to the proposed Government action.
Adebayo called on the Abia State Government to rescind from it’s proposed action on the N26 Billion Naira Investment, as it would negatively impact the industry. He further charged the State Governor to embark on initiatives that would create an enabling environment for the Industry to flourish, and attract more investments.
Reacting to developments, he said “our attention has been drawn to the proposed plan by the Abia State Government for the revocation of Land, and proposed demolition of the Trademore Project in Umuahia – consisting of a 1,500 Capacity event Center, Mini Estate and other Facilities worth N26 Billion Naira”.We have also sighted the building approvals, certificate of the occupancy of the said properly
“the Housing Development Advocacy Network charges the State Governor to use the Real estate potentials of the state as a tool to attract investment and create an enabling environment. This serves as a pivot for more jobs to be created and further contribute to development”.
“we therefore use this medium to call on the government to explore other amicable solutions to this matter, rather than resorting to actions that would lead to waste of investments. This should not be encouraged, the government needs to re-align it’s focus to creating a better environment for more investments”. he further added.
Housing Development Advocacy Network, (HDAN), is a pioneer Civil Society Organization responsible for the promotion of housing investments and developments in Africa. The organization is made up of professionals from all areas of the construction and housing Industry.
Standing as a monolith, it is a non-governmental organization advocating on various media platforms, including Television Channels. Recently, the civil society was licensed to own the first housing Television in Africa, Housing TV Africa.
