An Abuja based estate development organisation, T-Pumpy Concept, has said that it’s giving residents free bags of cement and building blocks so as to encourage many people to own houses in the Federal Capital Territory.
“Our company is giving out 100 bags of cement and 1000 building blocks or 40 bags of cement and 500 building blocks to clients that make full or half deposit of the cost of land respectively.”
Managing Director of the organisation, Mr. Adaralegbe Akintayo, told Blueprint in an interview in Abuja, that the ideas may not necessarily be about making profit for his organisation but about giving back to the society, affecting lives positively and thereby staying relevant in his chosen field.
According to Akintayo, it is a strategic way of encouraging intending subscribers. “Gifts of building materials after purchase of plots go a long way in helping them kick-start their projects faster than it would have taken without the incentives.
“If we give hundred clients building materials, it would get them started on their projects on time, thereby developing the area rapidly, not to mention the economy value it would add to that area. That’s what we hope to achieve amongst other things.”
When asked why the problem of accommodation across the country could not be solved despite several efforts by the state governments, the estate developer said the state governors state governors should stop building houses for civil servants alone because they are elected to serve all, not a few.
“I want you to know that the problem of accommodation can never be eradicated; it can only be reduced to it’s barest minimum. The federal government should strengthen it’s partnership with Local government councils, who in turn should enter into corruption-free arrangements with the private sector and non-profit organization. Land acquisition and building approval processes should be streamlined and home ownership made easier for the low and middle-income segment, low licensing fees and low-interest credit. Overall, state governors should stop building houses for civil servants alone; they are elected to serve all, not a few.”
On why his organisation embarked on the promo, Akintayo said: “It is expected that every estate developer/owner must continuously come up with strategic innovations as a way of remaining relevant in the business, and most importantly, see how the society can benefit from such ideas. Overtime,our Company has made land purchase very affordable, we even went as far as running a promo for almost half the price of our plots, for close to two months. This was done to target the low and middle-income earners. The turnout was massive, and that will in a way, increase land ownership rate.”