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Africa Housing News > Blog > Nigeria Housing News > Housing: Senate committee appraises Cocoon Homes housing project executed by FMBN
Nigeria Housing News

Housing: Senate committee appraises Cocoon Homes housing project executed by FMBN

Fesadeb
Last updated: 2021/08/14 at 6:23 PM
Fesadeb Published August 14, 2021
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The Senate Committee on Housing has lauded the ongoing housing construction by Cocoon Atlantic during an inspection visit to the site in Lekki, Lagos state.

The committee led by its chairman, senator Sam Egwu expressed the committee`s satisfaction on the design and quality of materials used in the Cocoon Atlantic project.

Cocoon is developing 383 contemporary homes consisting of 2 & 3 bedroom apartments and terrace homes complete with all required infrastructure, green areas and services required for a secure, family-friendly, and self-sufficient community.

While inspecting the project with his team, Sen.  Egwu said, “we are happy with what we have seen so far, especially with the design and quality of the materials. The Federal government is proud of this partnership and hopefully, we can do more.

In his response, the Managing Director of Cocoon Homes, Farouk Imam, said that he was glad that Cocoon Atlantic was selected as one of the prime housing projects for the Senate committee’s inspection and pleased with the positive feedback and encouragement received.

Imam commended the Federal Mortgage Bank of Nigeria (FMBN) saying, it is a reliable partner that made the company achieve the great feat.

He said, “We are confident that our mutual goal of making good quality housing more accessible to Nigerians will be achieved on this project and we are excited about the prospect of extending our partnership with FMBN. We are working with some of the best professionals in the industry to deliver this project and we welcome other stakeholders to join in this effort to close the housing gap in Nigeria.”

Speaking on the Cocoon Atlantic Project housing project, the acting Lagos zonal coordinator of the Federal Mortgage Bank, Mr. Simeon Agada, said that the FMBN is pleased with the level and quality of work done so far by Cocoon Homes.

According to him, `The Cocoon Atlantic Project is a notable contribution to our core objectives of ensuring that Nigerians have access to quality homes at affordable prices. Cocoon Homes has demonstrated that they are reliable, efficient, committed and possess the expertise required to make an impact within the Housing sector of the Nigerian economy. The FMBN is looking forward to continuing our partnership with them.”

Cocoon Homes says it is in conjunction with other institutional and private developers and organizations to provide much needed housing to the populace in line with the ongoing efforts of the Federal government to provide affordable housing for all.

Cocoon Homes, in partnership with COMACO Cooperative, is assisting off takers in accessing the National Housing Fund (NHF) from the Federal Mortgage Bank of Nigeria. The Cocoon Atlantic Estate is a world-class residential development by Cocoon Homes located in Sangotedo along the Lekki axis of Lagos.

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TAGGED: Housing
Fesadeb August 14, 2021 August 14, 2021
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