Housing/Property
Senator McPepple, H&CM Ltd And Housing Revolution In Rivers
When the Rivers State Governor, Sir Siminalayi Fubara, launched his electioneering campaigns leading up to the March 18 governorship elections, he unequivocally told the people of the state that he was on a mission to consolidate the sterling performance of the New Rivers Vision administration of Chief Nyesom Wike. He, thus, said that the focus of his administration, would be Consolidation and Continuity of the good policies and programmes of the then outgoing government.
To achieve this, Fubara unveiled a litany of policy initiatives, he said, were designed to consolidate on the giant strides of the Wike administration. Among these was the dive into social housing, a new parlance that leverages on the rubost success stories that public private partnerships (PPPs) around the world have delivered to progressive societies and democracies, especially in the western world.
In his ‘Blueprint For Consolidating The New Rivers Vision’, Fubara said, “As Rivers State continues to urbanise, the demand for decent housing also escalates. New Rivers Vision’s housing policy would support private sector investments in housing development to reduce the deficit.
“Although progress is slow, the potential in the state’s social housing sector is enormous. Therefore, we commit to expanding opportunities and incentives for individuals and real estate developers to invest in providing affordable houses for citizens.
“Accordingly, we shall: provide an enabling environment for massive housing development programme through public-private partnership participation; improve land acquisition and development by removing all encumbrances through reduced fees and timely approval of title documents to attract and encourage estate developers to deliver affordable housing; provide housing loans for civil servants to acquire or build their own houses with flexible long-term repayment terms; leverage the Federal Government to site low-cost housing schemes in the state for citizens to acquire for the families; and support the Rivers State Housing and Property Development Authority to promote and invest in the development of housing estates to serve the needs of citizens either alone or in partnership with the private sector.”
Since inauguration on May 29, Fubara has commenced the implementation of his ‘Blueprint For Consolidating The New Rivers Vision’. His social housing plank of the agenda has also received private sector endorsements, and willingness to collaborate for accelerated housing delivery to meet the yawning deficit in the state. One of those private sector players is a renowned real estate and property developer – Construction and Housing Mayor Limited, whose Chief Executive Officer, My-ACE China, recently praised the governor’s bold recognition of the urgent need to partner with the private sector to boost investments in housing delivery to reduce the growing deficit as well as make same accessible, and affordable to the low-income population.
Just recently, the real estate and property company expanded its portfolio, and also boosted its management profile with the bringing onboard of an astute and impeccable politician, business mogul and philanthropist, Senator Adawari Michael Pepple, as chairman of the Board of Construction and Housing Mayor Limited. To emphsise the focus of the company and key into the social housing policy framework going forward, McPepple has unveiled housing revolution plans that may change the housing profile of Rivers State and beyond.
The prominent Rivers son says the ideas he has been working on would soon come to the fore. The Opobo-born McPepple (Ibani-na-tima) sits at the highest echelon of the Board of the fastest-growing real estate solutions company in Africa at the moment.
Throwing some light on the import of Sen McPepple as the chairman of the Construction and Housing Mayor Limited, the Chief Executive (CEO) of the company, My-ACE China, whose brand name is Mayor of Housing, said the company’s human resource consultants had some years back looked far and deep to come up with a suitable personality whose work path, ethics, and integrity match the value proposition of the Construction and Housing Mayor Limited.
Speaking to newsmen on the expected housing explosion in the state and the South-South Zone, Sen McPepple affirmed that not only does the company possess the competence, passion, and drive to ensure that there is a housing revolution in the South-South, but that the zone is at par with Lagos and Abuja. “We will work to restore the Garden City status of Port Harcourt and the beautification of most cities in Nigeria and Africa, through the bringing in of international partners”, he said. He is personally bringing his experience and clout to ensure that this vision is realised and Rivers State would soon feel the direct impact of the housing revolution.
Since his assumption of the sensitive position, according to the Mayor of Housing, the chairman has been churning out various ideas and strategies which the experts have been working on. He explained that the time to unleash some of the ideas seems to be now.
He stated that the company has cutting-edge housing innovations and affordable housing solutions to offer Nigeria and Africa, explaining that Rivers State, and indeed, the Niger Delta would be in the forefront of this drive now that such a prominent son of the region is at the top of the Board.
He said the chairman shares the company’s major dream which is to bridge the real estate and housing gap between Lagos and Niger Delta and to return the Garden City status of Port Harcourt in tandem with the policy objectives of the Fubara-led Rivers State Government.
Background:
Sen McPepple, was the immediate past chairman of the Rivers/Bayelsa Chapter of the Manufacturers Association of Nigeria (MAN), a position that opened his eyes to the inner recesses of the Organised Private Sector (OPS) in Rivers State and the South-South.
The Alabo is also the Chairman/Chief Executive of Mikada Group Limited, but what stands him out is that he represented Rivers State in the Senate from 1999 to 2003 during which he made his mark through various positions and committees including the Committee on Petroleum, Industry (vice chairman), Water Resources, Education, Social Development & Sports and Federal Capital Territory. He was appointed Senate Chief Whip in 2002.
Born in 1962, the Chairman is a University of Ibadan law graduate and is a Barrister & Solicitor of the Supreme Court of Nigeria.
He is deeply rooted in professional associations including the Institute of Directors and the Nigerian Bar Association. He has global contacts and experience which he is expected to bring to bear on his position.
He has national acceptance. A jolly good fellow, his hobbies touch very significant areas: Music, Writing & Reading.
Sen Adawari Michael Pepple is expected to bring his wealth of experience to bring stability in the real estate subsector of the African economy, especially in the advance of the African Continental Free Trade Agreement (AfCFTA) era.
He is happily married with children and is valuable in Rivers State and beyond when wisdom, experience, and wealth creation issues are in demand.
By: Our Reporter