OPIC Assures Subscribers Of Completion Of All Housing Projects In 2024 - EDU-BIZNEWS


Thursday, November 9, 2023

OPIC Assures Subscribers Of Completion Of All Housing Projects In 2024

Ogun State Property and Investment Corporation (OPIC),has assured its subscribers of completion of  various ongoing estate projects in different locations across the state by the end of the first quarter of 2024.

Special Adviser and Managing Director of the corporation, Arc. Abiodun Fari- Arole gave the assurance at the Treasury Board meeting on the year 2024- 2025 Medium Term Expenditure Framework (MTEF) and the 2024 Budget, held at the Obas Complex Oke- Mosan, Abeokuta.

Arc. Fari-Arole pointed out that the Kings Court Estate Phase II project along Presidential Boulevard, Oke-Mosan, Abeokuta, and BOFT Apartment Warewa, along Lagos Ibadan Expressway, is nearing completion with necessary facilities of international standard.

According to him, the Corporation's mission to provide standard and quality housing in a serene environment has been its guiding light, noting that the OPIC Kings Court Phase II comprising 42 apartments and 12 units semi- detached duplex is at 75 percent completion stage while the BOFT Apartment comprising 18 units of 3 bedroom apartments is also nearing completion. 

‘’ I am assuring our subscribers that these estates will be fully delivered by the end of the first quarter of the year 2024", he stated 

Fari- Arole noted that the Corporation was making an effort to get more land in prime areas for the construction of its proposed housing project, saying the core focus of the agency is to reduce housing deficits in all ramifications.

He reaffirmed the commitment of OPIC to renovate its commercial building Plazas at Isheri and Ikeja, to give them a facelift, promising to unlock the agency's potential in order to boost and surpass the Internally Generated Revenue (IGR) in the previous years.


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