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Why Nigerian Real Estates Must Embrace Global Decarbonisation – The Address Homes

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AJAGBE ADEYEMI TESLIM

Sponsored by: H&H

In an increasingly challenging and volatile ecosystem, where more than 60% of carbon emissions within cities typically come from buildings, a real estate firm, The Address Homes, has emphasised the urgent need for property firms to embrace the global shift towards the reduction of carbon emissions into the environment.

The Address Homes Limited, a leading real estate company engaged in the acquisition, development and management of luxurious contemporary homes across Nigeria, made the call during a two-day 2022 Real Estate Unite Summit held in Lagos recently.

Making this known on the sidelines of the summit with the theme: Towards A Sustainable Culture, Segun Ogunbiyi, Marketing Manager/Client Sales Executive, The Address Homes, said all hands must be on deck to ensure the preservation of the environment via sustainable practices in the real estate sector.

Ogunbiyi said there had been various calls across the real estate sector and beyond for individuals and business entities to prioritise clean and renewable sources of energy.

He said, “The world is trying to see how it can reduce the emission of carbon monoxide to secure nature. There’s a need for all real estate organisations to create a sustainable policy within their system that revolves around the workforce, work methodology, the design and the team.”

“There are no quick fixes that will suddenly transform today’s energy inefficient buildings into models of sustainable construction in the coming decades. It will take time, investment and expertise to retrofit the majority of buildings across urban areas.

“Yet given that more than 60% of carbon emissions within cities typically come from buildings, a concerted effort is needed sooner rather than later.

“It’s why longer-term commitments for a net-zero future are now fuelling shorter-term pressures to start formulating action plans that will deliver steady progress.

According to him, one big step towards embracing greener energy sources would be to phase out the use of fossil-based power sources, a practice embraced by the Address Homes.

“When we talk about sustainability, there’s a green concept now. Projects have to be certified LEED. For instance, if you do more generators, you reduce them in order to safeguard the atmosphere.

“When you put on a log of generators, there is carbon emission. Technologically, It is being advised that we should start the installation of solar systems, and electric systems in order to sustain the ecosystem.”

Also speaking at the event, Ruth Obih, Convener, Unite Summit said the summit which is in its ten years was created to fill the global gap noticed in the industry, “When we started about 10 years ago, I felt there was a global gap that we needed to fill, that we needed a global summit for the industry to dialogue, talk about issues, challenges industry and trying to find solutions.”

Obih noted; “Over the years, the annual summit has been able to address some critical issues in the real estate industry, however, what we’ve found over the years is that when we find an issue today and you think you have addressed it, tomorrow another issue comes up.

That’s how we have been taking it in filling the gaps. Why we are here at this sustainability conference today is that we realized that for us even achieve any of the solutions that we have, we need to take one step which is sustainable development. And that’s why we are here today to preach the gospel of sustainability so that people can begin to understand what sustainability is especially with the growth environment and begin to also take steps in seeing how we can take care of this climate crisis.

“According to data, the industry contributes about 40% of carbon emission to the environment. That is quite huge. To address this, it comes from your planning, design, and construction. If we begin to take better sustainable steps, at least in this industry, we can be able to reduce the risk of a climatic crisis which is a potential pandemic which could be worse than covid.”

Describing The Address Homes as a new brand with less than ten years in the industry, the Founder, Unite Community said the firm has been able to be consistent with its promise of delivering luxury homes that combine high class contemporary architectural design with high-level finishes.

She however noted that with what she has seen, in the next few years, she believed The Address Homes would be able to achieve certified sustainable luxury buildings that are free from carbon emission.

Meanwhile, also speaking at the summit, Doyin Olaleye, Client Sales Executive, The Address Homes, noted that the real estate firm believes that Nigerians could actually live in luxurious homes without having to break the banks.

“At The Address Homes, we make luxury, premium and high-end homes available to people at affordable prices. We encourage a convenient payment structure for our customers. When people hear about luxury homes, they believe they have to break the banks before they could be able to afford to live in houses in Ikoyi, Lekki and Banana Island. But we at The Address Homes believe that people can actually live in those places without having too much pressure on their finances.

“We make it possible by giving you a well-structured payment plan, in which you pay within two to three years conveniently. We don’t really go strict on our payment plan. We work with your finances to make it easy for you because we believe that luxury is for everyone.”

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Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m to Transform Africa’s Economic Landscape

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“We can’t wait to be saved; Africans need to solve Africa’s problems. This $300 million commitment reflects this reality’’ – Aig-Imoukhuede

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments over the next 20 years. Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million.

President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.

This will fund African government initiatives with a proven potential to transform national economic performance.

Speaking about the commitment, Aigboje Aig-Imoukhuede, Chairman, Access Holdings and Co-Founder, Aig-Imoukhuede Foundation, said, “We can’t wait to be saved, Africans need to solve Africa’s problems. This $300 million commitment reflects this reality.”

President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.

Appropriately, this announcement was made at the Africa CEO Forum 2024 in Kigali, Rwanda, where the theme of this year’s event is ‘At the table or on the menu?’. At the event, CEOs from across the continent joined to discuss how Africa can demand a seat at the global table, rather than continuing to wait to be invited.

The fund will see the creation of an African-led Super NGO in partnership with academics, experts and philanthropists across the globe who are committed to closing the gap between Africa and the rest of the world. The NGO will work with African governments to provide the funding, governance and talent required to successfully execute game changing government reform programs, especially in the delivery of digital public infrastructure.

The development comes at a time when Ajay Banga, President of the World Bank, has warned wealthy countries that it would be short-sighted to “ignore” Africa. This landmark Africa-led initiative could not have been better timed.

Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC and Co-founder, Aig-Imoukhuede Foundation and Ofovwe Aig-Imoukhuede, Co-founder, Aig-Imoukhuede Foundation, on the sidelines of the Africa CEO Forum 2024 in Kigali…Thursday.

“We African leaders cannot sit back and watch the 4th Industrial Revolution transform the rest of the world while leaving Africa falling further behind. We have to create our own ‘table’ by using technology to unlock the power of our youth, giving Africa a greater voice in the world. It’s today’s leaders who will determine whether or not we grab this opportunity,” Aigboje Aig-Imoukhuede continued.

The availability of digital public infrastructure is a proven and cost-effective way for developing nations to break free of the status quo. It provides citizens with access to the same public goods and services available to citizens of advanced nations.

The India Stack has become a shining example of what can be achieved when visionary public and private sector leaders partner for development.

The Access Bank and Aig-Imoukhuede Foundation inspired NGO will make such partnerships a reality and delivering measurable improvements to the lives of Africans across the continent.

Notes to Editor:
For media inquiries, please contact:
communication@aigafrica.org or +234 808 5716 788
mediarelations@accessbankplc.com or +234 803 320 4315

ABOUT THE AIG-IMOUKHUEDE FOUNDATION
The Aig-Imoukhuede Foundation is a public sector-focused philanthropic organisation founded by Aigboje and Ofovwe Aig-Imoukhuede to improve the lives of Africans through transformed public service delivery and increased access to quality primary healthcare. The Aig-Imoukhuede Foundation accomplishes its mission by supporting the reform initiatives of public sector entities, providing financing, technical support, and capacity-building programmes and resources for the public sector workforce. The Foundation also provides funding and strategic support to drive the work of affiliate organisations such as Africa Business Coalition for Health (ABC Health), the Private Sector Health Alliance of Nigeria (PSHAN), the Nigerian Solidarity Support Fund (NSSF) and others.

For more information, please visit www.aigimoukhuedefoundation.org.

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AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL

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AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

At the esteemed Choose France Summit 2024, held on Monday, May 13, 2024, Aigboje Aig-Imoukhuede, the Chairman of Access Holdings PLC, was formally appointed as the President of the France Nigeria Business Council (FNBC) by the President of the French Republic, President Emmanuel Macron.

Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.

The France Nigeria Business Council (FNBC) stands as a pivotal coalition of Nigerian private sector business leaders, committed to enhancing bilateral relations between Nigeria and France. Its core objectives revolve around the facilitation of trade, investments, infrastructural development, job creation, and cultural integration between the two nations.

Since its establishment in June 2021 under the auspices of President Emmanuel Macron, the FNBC has diligently utilised its member network to champion investments across key business sectors, fostering cultural understanding and driving economic growth between Nigeria and France. Notably, it has catalysed Nigerian businesses’ ventures into investment opportunities within France.

Comprising 13 distinguished members, the Council boasts prominent figures including Aigboje Aig-Imoukhuede (President), Abdul Samad Rabiu, Gilbert Chagoury, Mike Adenuga, Aliko Dangote, Jim Ovia, Tony Elumelu, and John Coumantaros. Additionally, Kola Karim, Leo Stan Ekeh, Daisy Danjuma, Gbenga Agboola, and Jean Haas serve as integral members, with Jean Haas holding the position of Secretary.

Aig-Imoukhuede’s appointment follows the passing of Herbert Wigwe, the Council’s former President, in February 2024.

Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.

The Choose France Summit is an annual gathering that convenes business magnates, investors, and governmental dignitaries to explore investment prospects within France. The highlight of the Summit was the Presidential Dinner, characterised by high-level engagements and mutual commitments between participating parties.

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ACCESS BANK (SL) LTD STRENGTHENS LEADERSHIP TEAM WITH KEY BOARD APPOINTMENTS, NAMES NEW CHAIRMAN

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Bank Sierra Leone Ltd (‘Access Bank (SL) Ltd’) has announced the appointment of new executives to its Board of Directors (‘the Board’), further strengthening its leadership team and advancing the implementation of its growth and transformation strategy.

These appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship.

Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and Kolawole Augustine Ajimoko.

The appointees boast a wealth of expertise from diverse sectors, including banking, telecommunications, corporate governance, compliance, and finance. Their combined experience and vision will contribute to shaping the future trajectory of Access Bank (SL) Ltd.

Cole will serve as Chairman, following the exit of Alice Marie Onomake and will bring his experience to the fore as Access Bank (SL) Ltd works to consolidate its market position and deliver value for all its stakeholders.

“We are thrilled to welcome our new executives to Access Bank (SL) Ltd,” said Ganiyu Sanni, Country Managing Director, Access Bank Sierra Leone Ltd. “Their leadership and vision will be invaluable as we navigate through challenges and pursue sustained success. We extend our gratitude to outgoing Chairman, Alice Marie Onomake, and Non-Executive Director, Aminata B. Dumbuya, for their dedicated service and contributions to the Bank.”

Access Bank (SL) Ltd remains committed to excellence, transparency, and accountability as it embarks on this exciting new chapter. The Bank looks forward to leveraging the collective expertise of its leadership team to drive innovation, foster growth, and create lasting impact for its customers and communities.

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