By Uwriyel Ihotu.
The Managing Director of BAM Projects and Properties Limited, Mr. Mansur Mohammed, has reaffirmed the company’s commitment to addressing Nigeria’s estimated 16 million housing deficit through the delivery of affordable and quality homes.
He made the disclosure on Thursday during the official handover of the ExpressView Estate to subscribers in Lugbe, Abuja. The housing project was jointly developed by the Federal Housing Authority (FHA) and BAM Projects and Properties Limited, one of Nigeria’s leading private real estate developers.
Mohammed said the company’s mission is to provide standard and affordable housing to the general public while maintaining high service standards.
“Our focus is on finding the right mix of services that deliver impactful and efficient solutions backed by superior customer service,” he stated.
He commended the FHA Mortgage Bank for its partnership and support, describing the project as “a testament to the power of collaboration between the public and private sectors.”
“The FHA Mortgage Bank has been a true supporter of this project. We thank you immensely for your counsel and dedication in ensuring its successful delivery,” he added.
Mohammed emphasized that BAM’s focus extends beyond housing to community and environmental development. He highlighted the company’s efforts to enhance the Lugbe community through improved green infrastructure and eco-friendly designs.
“We don’t just build properties; we build communities with sustainability in mind. You can see that in the greenery around this estate,” he noted.
He further revealed that BAM is completing a 45-hectare housing project in Karsana and expanding into commercial and recreational developments across Abuja and also add that there is an ongoing housing project in Gwarimpa called Chiroma’s court.
“BAM is dedicated to developing environmentally sustainable homes while considering economic realities and affordability. We achieve this through a committed team of professionals, progressive business practices, and contemporary innovation,” he said.
He urged the FHA to continue collaborating with BAM on future housing projects and encouraged private investors and landowners to partner with the company in delivering quality, affordable housing.
“We have proven our capacity to deliver on time and with quality. With more support, we can replicate and surpass this success,” Mohammed concluded.
In his remarks, the Managing Director of the FHA Mortgage Bank, Mr. Hayatudeen Atiku Awwal, commended President Bola Ahmed Tinubu for implementing policies that are transforming Nigeria’s housing and mortgage sectors, particularly through the establishment of the Ministry of Finance Incorporated (MOFI).
Awwal described the ExpressView Estate as “a success story of partnership and perseverance,” noting that the estate sits on 1.5 hectares of land, with an additional 1.5 hectares reserved for Phase 2 of the project.
He recalled a seven-year partnership with BAM Projects, beginning with their collaboration on the Karsana Estate, where over 200 housing units were delivered.
“Anyone who visits Karsana today will attest that no estate there can compete with BAM’s. It remains one of our proudest success stories,” Awwal said.
He praised BAM’s professionalism and resilience in overcoming challenges during the Lugbe project, including land encumbrance, relocation of a police station, and clearance of a communication mast.
Awwal confirmed that all necessary approvals and due diligence were conducted through FHA engineers before construction commenced. He reaffirmed FHA’s commitment to ongoing collaboration with BAM, adding that the Authority aims to deliver 10,000 housing units before 2027.
Also speaking, the Head of Sales (HoS) at BAM, Ms. Uchenna Okonkwo, said the return on investment for subscribers has already surpassed expectations.
“The return on investment for subscribers is not just tripling; it’s already exceeding 100 percent,” she disclosed.
She revealed plans to make ExpressView Estate a green, sustainable community with clear landscaping, waste management systems, and energy-efficient facilities implemented in collaboration with FHA Energy.
“We want this to be more than houses; we want it to be a home. Facility management will include waste management, noise control, and sustainability. All metering will be handled by FHA Energy to ensure affordability and transparency,” Okonkwo explained.
She added that BAM has built a strong portfolio of housing developments across Abuja through craftsmanship and commitment to excellence.
“At BAM, we thrive by creating affordable luxury that transcends the ordinary and appeals to our esteemed customers,” stating that it is seeking for investors and partnership like that of expressview because of the numerous investment packages they have coming up to make housing seamless.
BAM Projects and Properties Limited, headquartered in Wuse Zone 2, Abuja, has over the years developed a range of residential and commercial properties, including ExpressView Estate, Belham Estate Karsana, and Chiroma’s Court Gwarinpa.
The company continues to position itself as a key player in Nigeria’s private housing market, complementing government efforts to close the nation’s multi-million-unit housing deficit.
