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Keyamo: Flying Nigeria’s Aviation Sector To New Heights* By Cletus Agada

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Aviation Unions Commend Keyamo Over Relocation of FAAN Headquarters to Lagos

Keyamo: *Flying Nigeria’s Aviation Sector To New Heights*

By Cletus Agada

 

 

It is no longer news that the honourable Minister of Aviation, Mr. Festus Keyamo, S.A.N. directed that the headquarters of the Federal Airport Authority of Nigeria (FAAN) be relocated back to Lagos. This directive was not difficult to comply with because the Abuja Headquarters status was just on paper as the day-to-day administrative and operational activities of the agency have always been carried out from Lagos.

 

 

Keyamo: *Flying Nigeria's Aviation Sector To New Heights*
By Cletus Agada

 

 

 

A statement by Mrs. Obiageli Orah, the Director of Public Affairs and Consumer Protection of the agency, said those affected by the decision have since returned to Lagos as there is no office space for them in Abuja That was even before the relocation order of the Honourable Minister was effected.

 

 

 

 

 

 

The question begging for an answer is how a critical, hands-on agency like FAAN relocated to a new city without first making provisions for adequate offices to accommodate her working staff. The second paragraph of Mrs. Orah’s statement should draw the attention of all men of conscience as it brings to mind how important government decisions are taken just to satisfy a few.

 

 

 

 

 

With an agency as technical as FAAN, decisions are supposed to go through some laid-down procedures, and the input of industry stakeholders is sought at all times but this never seems to have been done in this particular case.

 

 

 

In her widely circulated statement, Mrs Orah said; “Having returned to Lagos, the Authority would be liable to pay them DTA (DUTY TOUR ALLOWANCE) because technically they are working OUT OF STATION as their official posting is to ABUJA. The Minister has decided to stop this waste of public resources and rip-off on the public purse”.

 

 

 

 

 

 

This shows that the relocation of the Headquarters to Abuja was a very crafty way to line the pockets of some fat cats and big men in the agency who will be living their normal lives and working from the comfort of their offices in Lagos while smiling to the bank through claims of estacodes and other travelling allowances as Lagos would have been designated as an out-station when in a real sense, it is the actual corporate headquarters. Thankfully, the Honourable Minister intervened.

I believe this must have pricked the conscience of Keyamo. As someone who spent his early childhood going about with his father, a Jehovah’s Witness faithful; sharing tracks, handbills, and newsletters to the public for free, Mr. Keyamo was tutored in the act of bringing the ‘gospel’ to the doorsteps from infant and the aviation gospel is now beginning to feel the impact of this activist in government. This background could also be partly responsible for Mr. Keyamo’s vast knowledge in fields assumed to be strange to him and his strength in approaching every argument from an informed position, always quoting facts and figures to buttress his points.

For a man who began his professional legal practice at the Law Firm of the erudite social critic and rights activist, the Late Chief Gani Fawahinmi, Keyamo has found it difficult to divorce himself from the crusade for prudence and cost savings in government. To think that he can continue to cohabit with the wrongs of the past is like asking an architect to live in a house built on quicksand. I’m sure wherever Chief Fawehinmi is watching from right now, he would certainly be proud of the man Mr Keyamo has become.

The Bible says “When the foundation is faulty, what can the righteous do?”. Mr Keyamo is now providing an answer to this age-long question as a faulty foundation needs to be destroyed and a new one laid. For efficient and effective service delivery, a new solid base is needed to accommodate the realities of today and the dreams for tomorrow in the country’s aviation industry and that’s exactly what the Honourable Minister is doing.

An outspoken man and a fierce lawyer, Mr Keyamo who served as the Minister of State in the Ministry of Labour and Employment under the immediate past administration, shocked his former colleagues in his speech during the valedictory session by President Mohammadu Buhari to thank his Ministers and those who served in his government. Taking to the microphone with great confidence, Mr Keyamo who was first appointed as Minister of State for Niger Delta Affairs before being redeployed said the position of Minister of State was unconstitutional.

He explained that it is difficult to rate the performances of Ministers of State since their prudence was shackled with that of the substantive Ministers as any original ideas developed have to pass through the table of another colleague in the cabinet before they can sail through for consideration by Council.

If Mr Keyamo had any regret as Minister of State or an unimplemented policy during his time playing second fiddle in the office, God answered his prayers through President Bola Tinubu and allowed him to showcase and distinguish himself as a top-notch administrator and policy expert and so far, he has not betrayed the trust nor abused the confidence of Mr. President.

The laudable plans by the Minister as contained in the statement by Mrs Orah to get concessionaires to build befitting offices for the Authority in Lagos and Abuja must be commended. Over time, estate developers and rent-seekers have continued to connive with agencies of the federal government to milk the public purse through inflated rent bills that under normal circumstances, are big enough to erect permanent structures of a high standard for those agencies.

The aviation sector in the country today can be said to be in safe hands with Mr. Keyamo as Minister because he has proven himself to be a team player, ready to listen and work with expert opinions while building capacity across the board. He has put everyone concerned with the safety of our airspace on their toes and strived to rid the industry of indolence. The relocation of the FAAN Corporate Headquarters to Abuja in the first case was intended to encourage highly trained personnel to roam about without an office or equipment to work with.

It would be recalled that barely one month to the expiration of the tenure of the last administration of President Mohammadu Buhari in May 2023, the then Minister of Aviation, Senator Hadi Sirika ordered the relocation of some aviation agencies from the Muritala Mohammed International Airport Lagos for their office buildings to be demolished and pave way for the construction of an acropolis. If the idea is a developmental step worthy of commendation, the right thing to do would have been to find another befitting structure to accommodate those agencies rendering critical services in the aviation industry within the city.

The proximity of these services to the Lagos Keyamo: *Flying Nigeria’s Aviation To New Heights*

By Cletus Agada

It is no longer news that the honorable Minister of Aviation, Mr. Festus Keyamo, S.A.N directed that the headquarters of the Federal Airport Authority of Nigeria (FAAN) be relocated back to Lagos. This directive was not difficult to comply with because the Abuja Headquarters status was just on paper as the day-to-day administrative and operational activities of the agency have always been carried out from Lagos.

A statement by Mrs. Obiageli Orah, the Director of Public Affairs and Consumer Protection of the agency, said those affected by the decision have since returned to Lagos as there is no office space for them in Abuja. That was even before the relocation order of the Honourable Minister was effected.

The question begging for an answer is how a critical, hands-on agency like FAAN relocated to a new city without first making provisions for adequate offices to accommodate her working staff. The second paragraph of Mrs. Orah’s statement should draw the attention of all men of conscience as it brings to mind how important government decisions are taken just to satisfy a few.

With an agency as technical as FAAN, decisions are supposed to go through some laid-down procedures, and the input of industry stakeholders is sought at all times but this never seems to have been done in this particular case.

In her widely circulated statement, Mrs Orah said; “Having returned to Lagos, the Authority would be liable to pay them DTA (DUTY TOUR ALLOWANCE) because technically they are working OUT OF STATION as their official posting is to ABUJA. The Minister has decided to stop this waste of public resources and rip-off on the public purse”.

This shows that the relocation of the Headquarters to Abuja was a very crafty way to line the pockets of some fat cats and big men in the agency who will be living their normal lives and working from the comfort of their offices in Lagos while smiling to the bank through claims of estacodes and other travelling allowances as Lagos would have been designated as an out-station when in a real sense, it is the actual corporate headquarters. Thankfully, the Honourable Minister intervened.

I believe this must have pricked the conscience of Keyamo. As someone who spent his early childhood going about with his father, a Jehovah’s Witness faithful; sharing tracks, handbills, and newsletters to the public for free, Mr. Keyamo was tutored in the act of bringing the ‘gospel’ to the doorsteps from infant and the aviation gospel is now beginning to feel the impact of this activist in government. This background could also be partly responsible for Mr. Keyamo’s vast knowledge in fields assumed to be strange to him and his strength in approaching every argument from an informed position, always quoting facts and figures to buttress his points.

For a man who began his professional legal practice at the Law Firm of the erudite social critic and rights activist, the Late Chief Gani Fawahinmi, Keyamo has found it difficult to divorce himself from the crusade for prudence and cost savings in government. To think that he can continue to cohabit with the wrongs of the past is like asking an architect to live in a house built on quicksand. I’m sure wherever Chief Fawehinmi is watching from right now, he would certainly be proud of the man Mr Keyamo has become.

The Bible says “When the foundation is faulty, what can the righteous do?”. Mr Keyamo is now providing an answer to this age-long question as a faulty foundation needs to be destroyed and a new one laid. For efficient and effective service delivery, a new solid base is needed to accommodate the realities of today and the dreams for tomorrow in the country’s aviation industry and that’s exactly what the Honourable Minister is doing.

An outspoken man and a fierce lawyer, Mr Keyamo who served as the Minister of State in the Ministry of Labour and Employment under the immediate past administration, shocked his former colleagues in his speech during the valedictory session by President Mohammadu Buhari to thank his Ministers and those who served in his government. Taking to the microphone with great confidence, Mr Keyamo who was first appointed as Minister of State for Niger Delta Affairs before being redeployed said the position of Minister of State was unconstitutional.

He explained that it is difficult to rate the performances of Ministers of State since their prudence was shackled with that of the substantive Ministers as any original ideas developed have to pass through the table of another colleague in the cabinet before they can sail through for consideration by Council.

If Mr Keyamo had any regret as Minister of State or an unimplemented policy during his time playing second fiddle in the office, God answered his prayers through President Bola Tinubu and allowed him to showcase and distinguish himself as a top-notch administrator and policy expert and so far, he has not betrayed the trust nor abused the confidence of Mr. President.

The laudable plans by the Minister as contained in the statement by Mrs Orah to get concessionaires to build befitting offices for the Authority in Lagos and Abuja must be commended. Over time, estate developers and rent-seekers have continued to connive with agencies of the federal government to milk the public purse through inflated rent bills that under normal circumstances, are big enough to erect permanent structures of a high standard for those agencies.

The aviation sector in the country today can be said to be in safe hands with Mr. Keyamo as Minister because he has proven himself to be a team player, ready to listen and work with expert opinions while building capacity across the board. He has put everyone concerned with the safety of our airspace on their toes and strived to rid the industry of indolence. The relocation of the FAAN Corporate Headquarters to Abuja in the first case was intended to encourage highly trained personnel to roam about without an office or equipment to work with.

It would be recalled that barely one month to the expiration of the tenure of the last administration of President Mohammadu Buhari in May 2023, the then Minister of Aviation, Senator Hadi Sirika ordered the relocation of some aviation agencies from the Muritala Mohammed International Airport Lagos for their office buildings to be demolished and pave way for the construction of an acropolis. If the idea is a developmental step worthy of commendation, the right thing to do would have been to find another befitting structure to accommodate those agencies rendering critical services in the aviation industry within the city.

The proximity of these services to the Lagos airport which handles more than 50% of aviation passenger traffic in Nigeria daily should have been a thing to consider in relocating the agency. It was for this singular reason the Obasanjo administration relocated the Nigerian Shippers Council out of Abuja back to Lagos even after they had built a magnificent structure in the nation’s capital to accommodate their services.

The decision to demolish those structures and relocate the agencies to Abuja didn’t bode well with labour unions in the aviation sector and they embarked on an industrial strike to drive home their point. The Senate of the 9th Assembly quickly tried to intervene and ordered a stop to all activities pending a comprehensive investigation by its standing committee on aviation but a defiant Sirika, himself a former senator called a bluff of his colleagues and in a press conference after the Federal Executive Council Meeting on May 3, 2023, insisted that there was no going back and the demolition must continue.

Time and chance have now changed that. The building housing FAAN and other sister agencies in Lagos won’t be demolished immediately because there’s a new sheriff in town. Hopely, the design of the structures to house the proposed acropolis would also make provisions for agencies like FAAN to operate within, even if that would entail adding additional floors to what was originally proposed.

Mrs. Orah concluded by saying “The Honourable Minister is committed to making decisions that are in the best interest of the country, especially as it concerns public funds, and will not yield to ethnic or sectional sentiments that will derail this commitment”.

I can attest to this fact. This decision is in the best interest of Nigerians, and what Mr Keyamo needs is a pat on the back for a job well done.
We need many more Keyamos in places of authority. Those who are bold and fearless with clean hands and a clear conscience. That is the surest way to move Nigeria forward and achieve the renewed hope agenda of Mr. President and the APC.

Agada wrote this piece from Abuja. handles more than 50% of aviation passenger traffic in Nigeria daily should have been a thing to consider in relocating the agency. It was for this singular reason the Obasanjo administration relocated the Nigerian Shippers Council out of Abuja back to Lagos even after they had built a magnificent structure in the nation’s capital to accommodate their services.

The decision to demolish those structures and relocate the agencies to Abuja didn’t bode well with labour unions in the aviation sector and they embarked on an industrial strike to drive home their point. The Senate of the 9th Assembly quickly tried to intervene and ordered a stop to all activities pending a comprehensive investigation by its standing committee on aviation but a defiant Sirika, himself a former senator called a bluff of his colleagues and in a press conference after the Federal Executive Council Meeting on May 3, 2023, insisted that there was no going back and the demolition must continue.

Time and chance have now changed that. The building housing FAAN and other sister agencies in Lagos won’t be demolished immediately because there’s a new sheriff in town. Hopely, the design of the structures to house the proposed acropolis would also make provisions for agencies like FAAN to operate within, even if that would entail adding additional floors to what was originally proposed.

Mrs. Orah concluded by saying “The Honourable Minister is committed to making decisions that are in the best interest of the country, especially as it concerns public funds, and will not yield to ethnic or sectional sentiments that will derail this commitment”.

I can attest to this fact. This decision is in the best interest of Nigerians and what Mr Keyamo needs is a pat on the back for a job well done.
We need many more Keyamos in places of authority. Those who are bold and fearless with clean hands and a clear conscience. That is the surest way to move Nigeria forward and achieve the renewed hope agenda of Mr President and the APC.

Agada wrote this piece from Abuja.

Bank

Wema Bank Plc Sets the Record Straight on False and Misleading Publication by NDIC on Legacy Transactions Involving Defunct Gulf Bank Plc

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Wema Bank Plc Sets the Record Straight on False and Misleading Publication by NDIC on Legacy Transactions Involving Defunct Gulf Bank Plc

 

 

General Comments

Wema Bank Plc has noted with concern recent media publications containing false, misleading, and wholly unsubstantiated allegations regarding the sale of certain Banana Island properties purportedly linked to the defunct Gulf Bank Plc. We unequivocally reject these claims, which are inaccurate, malicious, and clearly intended to distort the true position. For the benefit of our stakeholders—shareholders, customers, regulators, and the general public—we set out below the factual background to the transaction.

 

The Original Exposure and Default

In 2002, Wema Bank Plc (the Bank) made an inter-bank placement with Gulf Bank Plc in the sum of ₦4.6 billion. By August 2004, that exposure had been reduced to approximately ₦1.2 billion, after which the outstanding obligation became delinquent. In seeking to recover depositors’ and shareholders’ funds, Wema Bank pursued lawful recovery steps, which ultimately dovetailed into a criminal investigation of the then Managing Director of Gulf Bank Plc.

 

Based on the investigation of the Economic and Financial Crimes Commission (EFCC), the funds were found to have been diverted and used to acquire properties in Banana Island, Lagos, through two separate companies Bacad Finance & Investment Company Ltd (now known as Supra Commercial Trust Limited) and Euston Wenberg Eng Ltd. It is important to note that neither Bacad Finance & Investment Company Ltd (nor its successor, Supra Commercial Trust Limited) nor Euston Wenberg Eng Ltd is one and the same as Gulf Bank Plc. They are separate and distinct entities with no identity or equivalence to Gulf Bank. And the two companies are not subject to NDIC supervision.

 

In the course of its investigation, the EFCC conducted asset-tracing exercises that uncovered significant underlying fraud on a substantial scale. Following the EFCC’s findings, Bacad Finance & Investment Company Ltd and Euston Wenberg Eng Ltd voluntarily relinquished their proprietary interests in the Banana Island properties towards the satisfaction of Gulf Bank Indebtedness to Wema Bank. That process formed part of Wema Bank’s lawful recovery efforts and underscores the legitimacy of its actions against Gulf Bank.

 

NDIC’s Acknowledgment, Admission of Indebtedness, and Payment of Shortfall.

Critically, following the liquidation of Gulf Bank, Nigeria Deposit Insurance Corporation (NDIC) admitted Gulf Bank’s indebtedness to Wema Bank in two separate letters:

A letter dated September 26, 2007, addressed to the Federal Land Registry; and

A letter dated June 10, 2009, addressed directly to Wema Bank Plc.

These letters constitute clear and formal recognition by the NDIC of the validity of Wema Bank’s claim against the defunct Gulf Bank and its interest over the property in question. Fortunately, both letters form part of the documents frontloaded by NDIC lawyer Dr. Dada Awosika SAN in court in the ongoing proceedings before Justice Allagoa of the Federal High Court Lagos.

 

Furthermore, after the sale of the properties, the NDIC in fact paid to Wema Bank, the shortfall of what was due to the Bank. These facts demonstrate that the NDIC was not only aware of the transaction but actively participated in settling the outstanding balance following the sale.

 

In light of the foregoing:

the voluntary relinquishment by Bacad (now Supra Commercial Trust Limited) and Euston Wenberg (distinct entities not constituting Gulf Bank), of the properties in Banana Island for the settlement of the indebtedness of the defunct Gulf Bank

 

the NDIC’s formal admission of Gulf Bank’s indebtedness to Wema Bank via its letters of September 26, 2007 (to the Federal Land Registry) and June 10, 2009 (to Wema Bank), both of which have been frontloaded in court by NDIC itself, and the acknowledgement of the relinquishment of the Banana Island properties, and

 

the NDIC’s own payment of the shortfall to Wema Bank,

 

NDIC is precluded from and cannot in good faith contest the relinquishment of those interests or the appropriateness of Wema Bank’s recovery efforts.

 

While we acknowledge that the NDIC has recently commenced two separate actions against Wema Bank at the Federal High Court, Lagos, purportedly in its capacity as liquidator of Gulf Bank Plc pursuant to a winding-up order, those proceedings do not alter the material facts stated above. As these matters are currently before the court and therefore sub judice, Wema Bank will refrain from commenting further on issues that fall for judicial determination. The Bank is taking all necessary steps to contest the suits filed in court and will explore all legal and legitimate means to protect its rights and interests.

 

Conclusion

 

Wema Bank Plc remains steadfast in its commitment to the highest standards of corporate governance, regulatory compliance, and transparency. We reaffirm our dedication to ethical and prudent banking practices and assure our shareholders, customers, regulators, and all relevant stakeholders that the Bank will continue to act responsibly, lawfully, and in the best interests of all parties it serves. The Bank will continue to exert its rights and will not succumb to the shenanigans of unscrupulous individuals who want to reap where they did not sow.

 

FOR FURTHER INFORMATION:

 

For further information, please contact:

 

Johnson Lebile

General Counsel/Legal Adviser

[email protected]

 

About WEMA Bank Plc

Wema Bank Plc (NGX: WEMABANK) is the pioneer of Africa’s first fully digital bank, ALAT, and one of Nigeria’s most resilient banks. With decades of experience in the business of banking, the Bank has remained innovative in delivering value to its stakeholders. Wema Bank operates a network of over 150 branches and service stations backed by a robust ICT platform. The publicly quoted Nigerian company has successfully built a legacy of trust and resilience that has won it the loyalty of its customers. The Bank is constantly introducing products and services tailored to the needs of its customers at every stage of their lives. It is a proud partner to more than one million individuals, families and businesses across Nigeria, helping them achieve their personal and financial goals.

 

 

More information can be found at https://www.wemabank.com/about-us/

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Group Signs Investment Promotion Agreement in Ivory Coast as UNIPGC Deploys Funding for Capital Projects  

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Group Signs Investment Promotion Agreement in Ivory Coast as UNIPGC Deploys Funding for Capital Projects

– Ivorycoast, Cot’devouir 

 

Noble & Gold Consulting Ltd has officially signed a partnership agreement with Gicobat Group of Company to facilitate funding for capital projects in Abidjan, Côte d’Ivoire, through the UNIPGC–Global Economic Development Council (GEDC), during a high-level Business and Investment Roundtable held in the country.

 

The meeting, which took place on May 12, 2026, at the World Trade Centre in Abidjan, brought together senior executives and stakeholders from both organizations, including His Excellency, Amb. Jonathan Ojadah GCOP, Global President of UNIPGC; Mr. Noble Eze, CEO of Noble & Gold Consulting Ltd; and the Chairman of Gicobat Group of Company, Côte d’Ivoire.

 

The roundtable focused on opportunities for capital project financing, investment promotion, and business development across strategic sectors of the economy. Following extensive deliberations, the parties finalized terms and signed an agreement aimed at advancing the projects discussed during the engagement.

 

Speaking at the event, the Chairman of the UNIPGC-GEDC, His Excellency Amb. Jonathan Ojadah, delivered a presentation titled *“How Reputable Brands Can Secure Funding for Capital Projects.”* He stated that the agreement represents a major milestone in supporting high-profile business initiatives that require structured financing and professional project management.

 

According to him, the partnership aligns with UNIPGC-GEDC’s mandate as a leading investment promotion, advisory, and business development institution operating across Africa and internationally.

 

> “Today, I am delighted to address this important topic on how leaders of established and reputable brands can secure the capital required for major expansion, technological advancement, or infrastructure development. The objective is not merely to find funding, but to attract the right funding at the most competitive cost of capital,” he stated.

 

He emphasized that brand reputation remains a critical asset in attracting investors and financial institutions.

 

> “In business, reputation is everything. In the world of capital-intensive projects, reputation is more than public perception; it is an asset class. A reputable brand represents stability, proven performance, and trustworthiness,” he added.

 

Amb. Ojadah further noted that successful funding processes begin long before formal investment pitches are made. According to him, investors seek organizations that demonstrate value stewardship, operational excellence, and financial discipline.

 

Drawing from his international experience in capital project engagements across Egypt, Kenya, the Democratic Republic of Congo, Zambia, and other countries, he highlighted several categories of major funding institutions involved in large-scale development financing. These include multilateral development banks, government agencies, private foundations, and impact investors focused on infrastructure, healthcare, real estate, energy, oil and gas, and sustainable development.

 

Among the institutions he referenced were the International Finance Corporation (IFC), the European Union (EU), the United Nations Capital Development Fund (UNCDF), the OPEC Fund for International Development, the Bill & Melinda Gates Foundation, the Mastercard Foundation, the Ford Foundation, the Rockefeller Foundation, and the UNIPGC Foundation.

 

He explained that through the UNIPGC Global Economic Development Council (GEDC), the organization facilitates funding opportunities for startups, private sector operators, and government projects through public-private partnerships (PPP), leveraging its network of international funding partners and financial institutions.

 

Amb. Ojadah identified three critical indicators commonly assessed by investors and lenders before financing projects:

 

1. **Transparency and Financial Performance** – Organizations must maintain audited financial records, quality assets, and sustainable growth patterns.

 

2. **Operational Excellence** – Investors prefer businesses with proven operational systems and stable cash flow generation, which reduce investment risks.

 

3. **A Strong Project Narrative** – Businesses must clearly demonstrate how proposed projects align with long-term strategic goals such as digital transformation, automation, infrastructure expansion, or increased market competitiveness.

 

He also outlined key strategies reputable brands can adopt in securing project financing, including bank financing, strategic partnerships, vendor financing arrangements, private equity investments, and asset-based lending structures.

 

> “Securing capital for projects as a reputable brand is ultimately about combining trust with strategic planning. Reputation is your strongest asset, and when paired with sound financial planning and a compelling vision, it becomes a powerful tool for building the future,” he concluded.

 

For Gicobat Group of Company, the partnership is expected to accelerate the execution of ongoing and proposed projects by leveraging UNIPGC-GEDC’s network of investors and financial partners. Officials of the company expressed confidence that the collaboration would significantly improve project implementation timelines and financing accessibility.

 

Organizers noted that the choice of the World Trade Centre, Abidjan, as the venue reflected the international scope and significance of the engagement, particularly for negotiations involving capital-intensive projects in infrastructure, trade, and industrial development.

 

UNIPGC-GEDC describes itself as a leading global investment promotion, advisory, and business development consultancy, working with governments, private enterprises, and institutional investors to structure, finance, and manage large-scale projects from inception to completion.

 

According to the organization, the Abidjan agreement adds to its expanding portfolio of strategic partnerships aimed at unlocking capital for projects with significant economic and social impact. It also confirmed that due diligence and project structuring processes had been completed prior to the signing to ensure project bankability and investor confidence.

 

Officials from both organizations further disclosed that implementation teams would be constituted immediately to oversee the next phase of the agreement. Although specific project details were not disclosed, both parties assured stakeholders that updates would be communicated as implementation milestones are achieved.

 

UNIPGC-GEDC also encouraged businesses, institutions, and investors with high-impact projects requiring financing or management support to engage with its team for collaboration opportunities. Further information on its services is available via UNIPGC-GEDC Official Website www.unipgc.org/gedc

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Dennis Ekamah Isn’t Building Houses—He’s Redefining What Home Means for Africans Through PropTech

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Dennis Ekamah Isn’t Building Houses—He’s Redefining What Home Means for Africans Through PropTech.

 

The founder of coHouse.ng is reimagining how millions of Africans access, experience, and share housing through technology.

 

In Africa’s rapidly evolving innovation landscape, the most transformative companies are no longer defined by the industries they enter, but by the systems they redesign.

 

For Dennis Ekamah, the opportunity was never about constructing buildings, it was about confronting a deeper question.

 

why is access to housing still so structurally difficult for millions of Africans in a digital age?

 

Rather than stepping into real estate as a developer. Dennis chose a different path, positioning coHouse.ng as a PropTech platform rethinking how housing is accessed, experienced, and shared. At the heart of this vision which is connecting potential home owners together via resource pooling for the purpose of either Living or Growth. Simply, *Connect. Live. Grow.*

 

*A Platform Not a Property Company*

 

coHouse.ng is not a real estate company. It is a technology-driven ecosystem connecting like-minded individuals into structured communities where they can live intentionally, invest collectively, and grow within a shared system.

 

From Insight to Recognition

 

In 2025, coHouse.ng was recognised among the Top 50 Tech Startups in Africa. Even ahead of its official launch, the platform attracted over 1,000 early waitlist users, individuals eager to be part of a new way of living and investing.

 

Solving for Access, Alignment, and Trust

 

Dennis Ekamah’s diagnosis goes deeper than supply shortfalls. The real barriers he argues are access, coordination, and trust. coHouse.ng tackles all three through identity verification powered by a third party verification system api. coHouse is not flying solo without the help and collaboration with government bodies across Nigeria and other African countries.

 

In his words;

“Imagine what you would achieve as an individual or group if you’re living with the right people or like-minded individuals around you.”

 

I’m not a developer, I’m not a professional realtor, I’m just someone who sees the need for this solution based on the problem we face as youth/young entrepreneurs in today’s housing deficiency across Africa.

— Dennis Ekamah

 

Join our waitlist by visiting www.cohouse.ng

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