ENUGU, Sunday, October 11, 2026. REDAN housing delivery depends on stronger partnerships between government, developers, lenders and investors, Oba Akintoye Adeoye, President of the Real Estate Developers Association of Nigeria (REDAN), said at a business summit in Enugu.
Key facts
- Oba Akintoye Adeoye, President of REDAN, called for stronger public-private partnerships to speed up housing delivery in Nigeria.
- Adeoye spoke at the 5th Amadeo Business Summit 2026, held at the Amadeo Event Centre, Enugu, from Monday, October 5 to Friday, October 9, 2026.
- REDAN issued the remarks in a statement signed by its Executive Secretary, John Saka, in Abuja on Thursday, October 8, 2026.
- Adeoye named six REDAN housing delivery priorities: affordable finance, serviced land, infrastructure, regulation, consumer protection and housing data.
- Adeoye said the South-East had strong potential for real estate investment if backed by the right policies.
REDAN housing delivery: what Adeoye said
Adeoye said building more homes was not enough on its own and that developers also needed access to affordable, long-term finance, the News Agency of Nigeria (NAN) reported.
The REDAN president said the sector needed an environment where investors could operate with confidence and homebuyers could get sustainable mortgages. Adeoye said the industry also needed a predictable and transparent regulatory framework.
“Stronger public-private partnerships, innovative financing mechanisms, improved land administration, sound regulation and professional standards are essential to achieving sustainable housing delivery,” Adeoye said.
The six problems REDAN wants fixed for housing delivery
Adeoye urged stakeholders to work together on six problems holding back REDAN housing delivery goals, NAN reported. The six are affordable housing finance, access to serviced land, infrastructure deficits, regulatory processes, consumer protection and reliable housing data.
Developers who borrow on expensive or short-term terms face higher costs and project delays, Adeoye said, according to Nigeria Housing Market. Adeoye said missing infrastructure forces developers to pay for roads, power, water and drainage themselves, which pushes up prices and lengthens timelines.
Adeoye also said conventional mortgages may not suit buyers with irregular incomes, so alternative financing options were needed, Nigeria Housing Market reported.
REDAN on real estate in the South-East
Adeoye said the South-East had large potential for real estate investment, urban development and economic growth, given the right policies and investment, NAN reported.
The REDAN president said improved infrastructure, new financing models and stronger public-private partnerships could help the region deliver more homes and create jobs.
Adeoye described real estate as a key driver of Nigeria’s economy, saying the sector creates jobs, attracts investment, supports other businesses and builds wealth for communities.
About the Amadeo Business Summit
The 5th Amadeo Business Summit 2026 ran from October 5 to 9 under the theme “Sustaining Growth and Soaring,” HousingTV Africa reported. The summit was convened by Reverend Dr Ugochukwu Obiora Chime.
The summit aimed to help businesses and institutions build systems that can sustain growth over the long term, NAN reported. Dr Samuel Ogbu-Nwobodo, Enugu State Commissioner for Trade, Investment and Industry, represented Governor Peter Mbah at the event, HousingTV Africa reported.
Background
The Real Estate Developers Association of Nigeria (REDAN) is the main trade body for property developers in Nigeria. Adeoye was invested as the association’s fifth president in 2024, The Will reported.
The Enugu remarks follow an earlier call by Adeoye in September 2026 for developers to collaborate more closely on land, finance and construction, Nigeria Housing Market reported.
Nigeria’s housing deficit was put at 14.925 million units for 2025 by the Federal Government’s National Housing Data Technical Committee, allAfrica reported.
What happens next
REDAN has not announced specific partnership agreements following the summit. Adeoye said he hoped the summit’s discussions would help improve Nigeria’s housing sector and support economic growth.
Frequently asked questions about REDAN housing delivery
What did REDAN say about housing delivery?
REDAN President Oba Akintoye Adeoye said REDAN housing delivery goals require stronger partnerships between government, developers, financial institutions and investors, NAN reported. Adeoye said developers also need affordable, long-term finance.
Who is the president of REDAN?
Oba Akintoye Adeoye is the President of the Real Estate Developers Association of Nigeria (REDAN). He was invested as the association’s fifth president in 2024, The Will reported.
What are the REDAN housing delivery priorities?
Adeoye named affordable housing finance, access to serviced land, infrastructure deficits, regulatory processes, consumer protection and reliable housing data, NAN reported.
Where was the Amadeo Business Summit 2026 held?
The 5th Amadeo Business Summit 2026 was held at the Amadeo Event Centre in Enugu, Enugu State, from October 5 to 9, 2026, HousingTV Africa reported.
