By Kingsley Adegboye
The management of Lekki Gardens Estate Limited, one of Nigeria’s foremost real estate firms, has assured its teeming clients and stakeholders that their investment is safe and appreciating in value in spite of the current economic downturn, just as the firm has disclosed that it has repositioned to ensure timely delivery of quality and affordable housing in the country.
Speaking at a media parley in Lagos, Managing Director/Chief Executive Officer of Lekki Gardens Estate Limited, Mr. Richard Nyong, disclosed that despite the temporary setback, the company remains economically viable without any form of indebtedness to any bank. He disclosed that the accounts of the company have been audited and certified satisfactory by Ernst &Young, a global auditing firm.
Nyong added that the company had embarked on a strategic overhauling of its business, processes and people to enable it deliver a better housing experience to the subscribers, pointing out that in order to achieve this noble objective, the company has engaged top notch consultants and contractors in different aspects of construction value chain as work recommences across all its project sites in the country, after carrying out due system and process overhauling.
“In the last six months, we have taken time to review and strengthen our technical structure. Today, Lekki Gardens now boasts of a solid technical team with qualified and experience professionals to deliver a world-class housing experience to our clients. Also, Lekki Gardens now works with the best among building and construction consultants and contractors in Nigeria” he said.
Nyong announced the appointment of Mr Andrew Jibunoh, a seasoned and experienced building and construction expert with experience spanning decades working with the biggest players in the industry as the Chief Technical Officer (CTO) for Lekki Gardens. He also stated that the company has made other key appointments in other departments of the company.
He explained that while work has started in some of Lekki Gardens sites, work would commence fully across all project sites by the end of October. He therefore appealed to the clients for their understanding as the delay in delivery is warranted by the restructuring which would ensure that the company delivers world class quality housing.