The Real Estate Developers Association of Nigeria has signed a Memorandum of Understanding with Sytemap Technologies Limited to digitise land and property transactions across the country in a move aimed at strengthening trust and improving transparency in Nigeria’s real estate sector.
In a statement, it was noted that the partnership between REDAN and Sytemap aims to address these challenges by integrating REDAN’s network of verified developers with Sytemap’s digital real estate infrastructure, simplifying how properties are listed, verified, mapped, and transacted.
It stated, “Industry analysts estimate that Nigeria loses over N36tn annually due to untitled and disputed land, a figure that hampers housing, infrastructure development, and economic growth. Urban centres like Lagos and Ogun States report hundreds of thousands of land‑related fraud cases each year, leaving buyers and investors exposed.”
The President of REDAN, Akintoye Adeoye, said the partnership was about restoration: “When developers, buyers, and regulators operate on a trusted digital foundation, everyone benefits, from Nigerians buying their first home to institutional investors backing large‑scale developments.”
Under the MoU, REDAN will facilitate the onboarding of its registered developers onto RightHOME, a unified digital platform promoting verified property listings and consistent industry standards. Sytemap will provide the secure technology backbone, including mapping, transaction tracking, and fraud‑prevention systems, ensuring that all listed properties are credible and traceable.
Also, the Chief Executive Officer of Sytemap, Nnamdi Uba, said, “For everyday Nigerians, this means fewer disputes, clearer ownership records, and faster transactions. For developers, it translates to reduced friction, improved buyer confidence, and a more transparent market.
“This is not just about technology; it’s about dignity, security, and peace of mind for people investing their life savings. REDAN’s endorsement signals that the industry is ready for a better way.”
The agreement was signed by Ndifreke Ikokpu, COO of Sytemap, and Cholatte Odunlade‑Akeji, Director of RightHOME, with Adeoye representing REDAN.
