The Group Chairman of Odu’a Investment Company Limited, Bimbo Ashiru, has stated that while housing demand continues to rise, supply remains constrained by land accessibility issues, infrastructure deficits, public sector inefficiencies, and institutional fragmentation.
Ashiru stated this last week in Lagos while speaking at the 2026 Wemabod Real Estate Outlook in Lagos, themed ‘Unlocking Land and Infrastructure for Inclusive Housing’.
He said housing now lies at the crossroads of economic inclusion, urban productivity, social stability, and intergenerational equity.
Ashiru emphasised that these challenges are policy-driven and require solutions coordinated across public- and private-sector participants.
“Housing today sits at the intersection of economic inclusion, urban productivity, social stability, and intergenerational equity. While demand continues to rise, supply remains constrained by land accessibility, infrastructure deficits, public sector inefficiencies, and institutional fragmentation. These challenges are policy-driven and require solutions coordinated across public- and private-sector participants,” he stated.
He highlighted that the theme for this year is deliberate, adding that unlocking land speaks to reforming land administration, improving titling systems, reducing transaction inefficiencies, and restoring confidence in tenure.
“Unlocking infrastructure speaks to the foundational networks without which housing cannot be affordable. And inclusive housing challenges us to move beyond aspirational rhetoric toward delivery models that work for low- and middle-income Nigerians, not just the top end of the market. At WEMABOD, we are acutely aware that the future of real estate in Nigeria will be defined not by isolated projects but by systems thinking, that is, how land, infrastructure, finance, regulation, and governance align to solve real-world problems,” said Ashiru, who pointed out that the outlook was designed to move the conversation from diagnosis to execution.
Also speaking, the Group Managing Director of Odu’a Investment Company Limited, Mr Abdulrahman Yinusa, stated that the theme of the event is both timely and compelling, noting that it directly addresses the structural constraints facing cities and underscores the urgency of aligning land administration, infrastructure investment, and housing delivery to achieve inclusive, sustainable, and economically productive urban growth.
He maintained that OICL firmly believes that real estate development must go beyond commercial returns to deliver lasting social and economic value.
“Wemabod’s consistent focus on urban regeneration, housing development, and thought leadership aligns strongly with the group’s broader mandate of creating shared prosperity and supporting sustainable development across the South-West and Nigeria at large,” Yinusa said.
Wemabod Limited is a major Nigerian real estate company, providing property development, property management, project management, and real estate services. It has been operating for over six decades and manages a large portfolio of commercial, industrial, and residential properties across Nigeria.
