Firm seeks partnership with South-east govts on long-term mortgage housing
https://thesun.ng/firm-seeks-partnership-with-south-east-govts-on-long-term-mortgage-housing.
P48 Investment Limited is teaming up with South-East state governments to tackle housing affordability through long-term mortgage schemes. Led by Kingsley Chinedu Obiekwe, the company aims to make homeownership easier for low- and middle-income earners with structured estates and extended repayment plans. Already active in Lagos, Anambra, and Delta, P48 is behind the AASDU Mega City project, set to deliver 1,000+ homes. Analysts say such public-private partnerships could unlock economic growth, create jobs, and expand access to affordable housing in the South-East as 2027 approaches.
Housing demand grows as developers face land and regulatory barriers
Nigeria’s housing demand is booming, but land fraud, unclear titles, and slow approvals challenge developers. P48 Investment Limited, led by Dr. CKC Obiekwe, has expanded from land resale to large estates, including New York Estate (Lagos), Sun City (Asaba), and AASDU Mega City (Awka). Despite regulatory delays, rising demand and client trust drive growth, with plans for 30 estates across 20 states and a mortgage finance bank to support homebuyers.
P48 Investment Limited Advances National Growth Under The Leadership Of Dr CKC Obiekwe (Onwa of Ukpor).
Dr. CKC Obiekwe is transforming Nigeria’s housing scene with P48 Investment Limited, turning dreams into keys. Landmark projects like AASDU Mega City blend smart urban planning, diaspora investment, and infrastructure-backed estates—creating jobs, boosting the economy, and making property ownership more transparent and exciting.