Business

Harmony Gardens MD, Saheed Mosadoluwa Tackles Nigeria’s Housing Deficit As BHDSummit2024 Holds in July

Published

6 months ago

June 19, 2024

Come July 2nd 2024, Harmony Gardens and Estate Development Ltd, under the leadership of Hon. Dr Saheed Mosadoluwa better known as Mr Ibile will be hosting Bridging Housing Deficit Summit 2024 “BHDSummit2024”, coinciding with the grand launch of Lekki Aviation Town. This summit will bring together 7,000 Nigerians to discuss solutions to the housing deficit and affordability obstacles, showcasing Mosadoluwa’s commitment to addressing these critical issues.

Hon. Dr. Saheed Mosadoluwa, a prominent businessman and entrepreneur, is making significant strides in tackling Nigeria’s housing deficit and national airline challenges. As the chairman of Harmony Gardens and Estate Development Ltd, Mosadoluwa has established himself as a leading figure in sustainable real estate development in Lagos State.

Founded in 2019, Harmony Gardens and Estate Development Ltd has grown into a major player in the Nigerian real estate industry. With a portfolio that includes seven developing estates, such as HarmonyVille, Granville, CrestView, Oju-Alaro Estates, and Lekki Aviation Town, the company aims to provide housing for up to 750,000 Nigerians. The acquisition of 1,412 hectares of land valued at $860 million underscores the firm’s ambition and capability.

Mosadoluwa’s journey began in the aviation and logistics sectors, where he catered to Hajj operations and freight forwarding. His expertise led to the founding of Royal Crystal Airways in 2019, after serving as Director of Operations for airlines including Saudi Gulf, White Airways, and Nigeria’s defunct Kabo Airline. His aviation ventures have contributed to a diversified portfolio that spans logistics, events, hospitality, and manufacturing, with a global footprint across Europe, Asia, the Middle East, and Africa.

Mr. Ibile’s impact extends beyond real estate. His commitment to public service and sustainable development has earned him recognition as one of the most influential young entrepreneurs in West Africa. Despite facing numerous challenges, he has consistently demonstrated a strong work ethic and visionary leadership.

In addition to his business achievements, Mosadoluwa has addressed the pressing issues of Nigeria’s housing deficit and national airline challenges. He believes that overcoming these obstacles requires a willingness to let go of trade-offs and embrace innovative solutions. His vision for Lekki Aviation Town, a hub for aviation services, training, and innovation, aims to position Lagos State as a key player in the global aviation industry.

Harmony Gardens and Estate Development Ltd’s success is a testament to Mosadoluwa’s innovative approach to urban living. The company’s flagship project, Harmony Gardens Estates, sets new standards for luxury and sustainability in Lagos. Notable developments include the acquisition of land for Lekki Aviation Town and the launch of multi-billion-naira estates in the Lekki area.

Hon. Dr. Saheed Mosadoluwa’s dedication to excellence, sustainable development, and innovation continues to inspire a new generation of leaders and entrepreneurs. His efforts to transform Nigeria’s housing and aviation sectors highlight his role as a visionary leader committed to making a lasting impact on the nation’s development.

Business

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

Published

1 day ago

December 21, 2024

Sahara Weekly

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

Business

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

Published

1 day ago

December 21, 2024

Sahara Weekly

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

Business

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

Published

2 days ago

December 20, 2024

Sahara Weekly

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.

The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.

“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.

The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.

Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.

The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.

This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.